Advanced Promotion Technologies delisted on NASDAQ Stock Market.POMPANO BEACH Pompano Beach (pŏm`pənō), city (1990 pop. 72,411), Broward co., SE Fla., on the Atlantic coast and the Intracoastal Waterway; inc. 1908. It is a resort city with ocean beaches, excellent fishing, and a harness-racing track. , Fla.--(BUSINESS WIRE)--May 22, 1996--Advanced Promotion Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :APTV APTV Azienda Provinciale Trasporti Verona (Italy) APTV Airport Public Transportation Vehicle ), announced Wednesday that the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. delisted the company's Common Stock from listing on the NASDAQ SmallCap Market(sm), effective May 22, 1996. This action was taken because the company is not in compliance with the Capital and Surplus requirements for continued listing. The securities of the company will continue to be eligible for trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . The company may be eligible to relist under The Nasdaq SmallCap Market(sm) maintenance criteria should the company be able to complete the contemplated financing currently in progress, on or before July 5, 1996, provided the company's stock has a bid price at or above $1.00. Any securities offered in connection with the contemplated financing will not be or have not been registered under the Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. CONTACT: Advanced Promotion Technologies Inc., Pompano Beach Jesse Grant, 954/969-3003 |
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