ECOS Group Announces NASDAQ Delisting Effective January 2, 1998.WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Dec. 26, 1997--ECOS 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 : ECOS/Berlin & Frankfurt, Germany Stock Exchange: EVE) announced today that it has received notice from NASDAQ that the Company's plan to achieve compliance with the NASDAQ SmallCap Market $1,000,000 total capital and surplus requirement is unacceptable. The Company's securities will be removed from the NASDAQ SmallCap Market effective January 2, 1998. The Company may seek further procedural remedies and is investigating the options available. ECOS ECOS Environmental Council of States ECOS Embedded Cygnus Operating System ECOS European Environmental Citizens' Organisation for Standardisation ECOS Commission for Economic and Social Policy ECOS Eastern Canada Orchid Society ECOS Evolving Connectionist System is an emerging leader in providing innovative environmental consulting and management, remediation and resource recovery services to the U.S. market. ECOS specializes in providing solutions to environmental problems such as contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. soil and water, underground and above ground storage tanks, comprehensive industrial hygiene, indoor air quality Indoor Air Quality (IAQ) deals with the content of interior air that could affect health and comfort of building occupants. The IAQ may be compromised by microbial contaminants (mold, bacteria), chemicals (such as carbon monoxide, radon), allergens, or any mass or energy stressor and remedial design, asbestos, lead-based paint, wetland or endangered habitat management, to industry and government entities. ECOS Group, Inc. common shares are traded on the NASDAQ Small Cap Market under the symbol "ECOS", and on the Freiverkehr Market of the Berlin Stock Exchange in Berlin, Germany and on the Frankfurter Wertpaperborse (Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. ) in Frankfurt, Germany under the symbol, "EVE". For more information, contact Enrique A. Tomeu, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. or Michael G. Baker, CFO See Chief Financial Officer. with ECOS Group, Inc. at 561-835-0990. NOTE: Any forward-looking statements in this press release are necessarily subject to risks and uncertainties which may affect the accuracy of such statements and limit the company's ability to meet its projections, especially as to profitability. Such risks may include unanticipated declines in revenues due to competitive, market and general economic risk factors. For a full discussion of such risks, please refer to the company's Form 10-KSB/A for the fiscal year ended March 31, 1997 and subsequent filings. CONTACT: ECOS Group, Inc., West Palm Beach Enrique A. Tomeu, CEO or Michael G. Baker, CFO, 561/835-0990 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion