Busybox Announces Delisting From the Nasdaq SmallCap Market.Business Editors PACIFIC PALISADES Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m). , Calif.--(BUSINESS WIRE)--April 4, 2001 busybox.com inc. (Nasdaq:BUSY)(Nasdaq:BUSYW) ("Busybox" or the "Company") announced today that on March 28, 2001, the Company received notification from 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. ("Nasdaq") that Nasdaq has determined to delist delist To drop a security from trading on an organized exchange. Delisting may occur for a number of reasons including failure to meet an exchange's standards or placement of a new listing on another exchange. Compare list. the Company's common stock from The Nasdaq SmallCap Market at the opening of business on April 5, 2001, due to its failure to maintain a minimum bid price of $1.00 as required by Marketplace Rule 4310(c)(4). The Company's common stock and warrants will trade 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. ("OTCBB OTCBB See OTC Bulletin Board (OTCBB). ") effective April 5, 2001, under the symbols "BUSY" and "BUSYW," respectively. The OTCBB is a regulated quotation service that displays real-time quotes, last sale prices, and volume information in over-the-counter equity securities. About busybox.com inc. Founded in 1995, Busybox is a Los Angeles-based company that develops, distributes and sells digital imagery over the Internet, as well as on videotape and CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). . The Company's preeminent product, the BusyboxPro professional product suite, offers thousands of stock video images and allows customers the ability to immediately buy and download stock cinematography cinematography: see motion picture photography. cinematography Art and technology of motion-picture photography. It involves the composition of a scene, lighting of the set and actors, choice of cameras, camera angle, and integration of special online, royalty-free. BusyboxPro, launched in July 2000, features affordable pricing and establishes a new benchmark in the digital video market by giving customers unrestricted use of the digital video and cinematography in commercials, broadcasts, presentations, corporate videos, multimedia and Web applications. Recently announced new products include 18 royalty-free video footage CD collections. For more product information, visit http://www.busyboxpro.com or visit Busybox's corporate Web site at http://www.busybox.com. This document includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended, based on current management expectations. The Company's actual results could differ materially from those management expectations. Factors that could cause future results to vary from current management expectations include, but are not limited to, general economic conditions, legislative and regulatory changes, rates and regulations of federal and state tax authorities, industry competition, changes in accounting principles, policies and guidelines, and other economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services and prices. Further description of the risks and uncertainties to the business are included in detail in the Company's quarterly report on Form 10-QSB filed with the Securities and Exchange Commission on November 14, 2000, and registration statement on Form SB-2, as amended, filed with the Securities and Exchange Commission on May 24, 2000. |
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