MDI Rectifies Previous News Headline Describing Form 8-K Filed with the SEC.SAN ANTONIO -- MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. , Inc. (Nasdaq:MDII MDII Machine Detected Interoffice Irregularity ) provides this clarification to a headline inadvertently applied to a 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. filed by the Company earlier today. The words "Bankruptcy or Receivership" were inadvertently used in a headline describing a Form 8-K filed by the Company with the Securities and Exchange Commission earlier this morning. That Form 8-K was limited to announcing the issuance by the Company of a press release earlier this week describing the granting by The Nasdaq of an additional 180 days for the Company to meet its bid price requirements. The words were automatically inserted and their usage was inadvertent. The Company is solvent by all standards and is in compliance with all applicable Nasdaq and SEC governance and listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. , except for the bid price standard. Forward-Looking and Cautionary Statements Except for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements include a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. |
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