J.A.M., INC. TO APPEAL LOSS OF NASDAQ QUOTATION
J.A.M., INC. TO APPEAL LOSS OF NASDAQ QUOTATION ROCHESTER, N.Y., May 6 /PRNewswire/ -- J.A.M., Inc.
(NASDAQ: JAMY), a Rochester based training and multimedia communications company, has been advised that its common stock will no longer be included for quotation in the National Association of Securities Dealer's Automated Quotation System (NASDAQ) because the company has been unable to meet the new capital and surplus, net asset and per share requirements imposed by NASDAQ. The company plans to appeal the NASDAQ decision, through NASDAQ's appeal process. The company believes that it may be able to meet the new requirements, although there can be no assurance that it will do so. Although the company's securities will cease to be quoted on the NASDAQ system until and unless NASDAQ's decision is reversed on appeal, its securities should continue to be quoted in the over-the-counter market.
-0- 5/6/92 /CONTACT: John A. Marszalek, president of J.A.M., Inc., 716-385-6740/ (JAMY) CO: J.A.M., Inc. ST: New York IN: TLC SU:
CG -- CL019 -- 7269 05/06/92 16:32 EDT
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|Date:||May 6, 1992|
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