Alford Refrigerated Warehouses, Inc. Received a Nasdaq Staff Determination.Business Editors DALLAS--(BUSINESS WIRE)--Jan. 31, 2001 Alford Refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. Warehouses, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ALFO) (the "Company") received a Nasdaq Staff Determination on Oct. 26, 2000, which indicates that the Company fails to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4310(c)(4) and that its securities are, therefore, subject to delisting Delisting When the stock of a company is removed from a stock exchange. Notes: Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange. from the Nasdaq SmallCap Market. The Company has not requested a hearing before a Nasdaq Listing Qualifications Panel to review the Staff Determination. Effective Jan. 25, 2001, the Company's securities will be traded 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. . |
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