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Clariti Moves to OTC Bulletin Board.


Business Editors & Technology Writers

PHILADELPHIA--(BUSINESS WIRE)--Sept. 11, 2001

Clariti Telecommunications International, Ltd. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CLRI CLRI Central Leather Research Institute (India) ) announced today that a Nasdaq Listing Qualifications Panel concluded that the Company's securities will be delisted from the Nasdaq SmallCap Market effective with the opening of trading today because the Company fails to comply with the common stock market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 requirement for continued listing set forth in Marketplace Rule 4310(c)(2)(B)(ii). The Company's securities are immediately eligible to 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.
 under the same symbol, CLRI.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 11, 2001
Words:88
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