Sonic Environmental Systems, Inc. granted temporary exception from NASDAQ SmallCap capital and surplus requirement.PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov. 27, 1995--SONIC ENVIRONMENTAL SYSTEMS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Nasdaq SmallCap:SONA SONA State of the Nation Address (Philippines) SONA Service-Oriented Network Architecture (Cisco) SONA Suggested Optimal Daily Nutritional Allowances ) today announced that its Common Stock, Class A Warrants and Class B Warrants will continue to be listed on The Nasdaq SmallCap Market via an exception from its capital and surplus requirement. While Sonic failed to meet this requirement as of September September: see month. 30, 1995, Sonic was granted a temporary exception from this standard subject to Sonic's meeting certain conditions. Sonic believes that it can meet these conditions; however, there can be no assurance that it will do so. If at some future date Sonic's securities should cease to be listed on The Nasdaq SmallCap Market, they may continue to be listed 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. . For the duration of the exception, Sonic's Nasdaq symbols will be SONAC SONAC Senior Officers' Nuclear Accident Course , SONZC and SONWC, respectively. CONTACT: Sonic Environmental Systems, Inc. The Equity Group Inc. Richard H. Hurd, President Terry Hosmer, (212) 836-9610 Phone (201) 882-9288 Linda Latman, (212) 836-9609 |
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