Canterbury Consulting Group, Inc. Regains Compliance with Nasdaq Listing Requirement; Trading Symbol to Revert to CITI Effective February 24, 2003.Business Editors MEDFORD, N.J.--(BUSINESS WIRE)--Feb. 19, 2003 Canterbury Consulting Group, 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 :CITI CITI Columbia Institute for Tele-Information (Columbia University) CITI Center for Information Technology Integration (University of Michigan) CITI Collaborative IRB Training Initiative ) announced today that it has met the requirements for continued listing of its common stock on the Nasdaq SmallCap Market. On February 13, 2003, Canterbury received a letter from Nasdaq stating that, "Canterbury has evidenced compliance with all requirements necessary for continued listing on The Nasdaq SmallCap Market. The Company was required to evidence a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. . As of February 12, 2003, the Company's bid price closed at $1.27 and has closed at or above $1.00 for fourteen consecutive trading days." Canterbury common stock has been trading under the stock symbol CITID since its one for seven reverse stock split on January 24, 2003. It will once again trade under the stock symbol CITI on February 24, 2003. About Canterbury Consulting Group, Inc. Canterbury Consulting Group, Inc. provides broad-based broad-based Of or relating to an index or average that provides a good representation of the overall market. The S&P 500 and NYSE Composite are generally regarded as broad-based stock indexes, while the popular Dow Jones Industrial Average is biased information technology and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services and training to both commercial and government clients (primarily state and local governments). Canterbury's focus is to become an integral part of its clients' management and technical infrastructure, designing and applying the best products and services to help them achieve a competitive advantage. Canterbury offers the following technology solutions: -- Project management -- System engineering and consulting -- Distance learning solutions (e-Learning) -- Customized learning solutions for ERP & CRM -- Management training programs -- Hardware sales and support -- Permanent and temporary IT staffing -- Technical and desktop applications training -- Help desk and service center support -- Records and asset tracking management system software and hardware For more information, visit www.canterburyconsultinggroup.com. In addition to historical facts or statements of current condition, this press release may contain 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. . The Company's performance and financial results could differ materially from those reflected in the forward-looking statements due to general financial, economic, regulatory and political conditions or additional factors unknown to the Company at this time, as well as more specific risks and uncertainties such as those set forth in documents filed by the Company with the SEC (including, but not limited to, its most recent reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , Form 10-Q Form 10-Q See 10-Q. and Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , copies of which are available upon request or over the Internet at www.sec.gov). Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. Therefore, current or prospective investors are cautioned not to place undue reliance on any such forward-looking statements. Furthermore, the Company has no intent, and disclaims any obligation, to update any such factors or forward-looking statements to reflect future events or developments. An investment package including financial statements is available from the Company. Public filings can be obtained electronically online via www.sec.gov. |
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