IPLY files 8-k form

Odin

Carbon Dated and Proud
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Ozrat informed me that DAC spotted on the Raging Bull forums that IPLY has filed the 8-k form, here's more info:<blockquote>30-Sep-2004

Notice of Delisting or Transfer

ITEM 3.01. NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING.

On September 27, 2004, the Company received a letter from NASDAQ relating to a hearing regarding the eligibility of the Company's securities for quotation on the OTC Bulletin Board ("OTCBB") and providing formal notice of a telephonic hearing on October 14, 2004 when the Panel authorized by the NASD Board of Governors will determine whether the Company's securities are eligible for quotation on the OTCBB pursuant to the requirements of NASD Rules 6530 and 6540. The trading symbol for the Company's common stock on the OTCBB is currently "IPLYE", so that the Company's common stock will be ineligible for quotation and subject to removal from the OTCBB if the NASD does not receive information that the Company is current in its public reporting obligations pursuant to NASD Rules 6530 and 6540. The Company failed to file its 10-Q for the period ended June 30, 2004 within the prescribed time period and thirty calendar day grace period but the Company has determined to file the report prior to the hearing on October 14, 2004.</blockquote>Die already!
Link: IPLY files 8-k@YahooBiz
 
Basically means that since the company has failed to file its earnings report withn the required timeframe, including the 30 day grace period, they are in violation of NASDAQ policies for having their stock listed.

Essentially unless IPLY can get their shit together, send out their required documents, they're going to get booted off of NASDAQ OTC, and nobody can trade their stock.


Edited for idiocy. Thanks Murdoch
 
Pope_Viper said:
Basically means that since the company has filed its earnings report withn the required timeframe, including the 30 day grace period, they are in violation of NASDAQ policies for having their stock listed.

Essentially unless IPLY can get their shit together, send out their required documents, they're going to get booted off of NASDAQ OTC, and nobody can trade their stock.

Don't you mean they failed to report within the timeframe and 30 day grace period?
 
Murdoch said:
Pope_Viper said:
Basically means that since the company has filed its earnings report withn the required timeframe, including the 30 day grace period, they are in violation of NASDAQ policies for having their stock listed.

Essentially unless IPLY can get their shit together, send out their required documents, they're going to get booted off of NASDAQ OTC, and nobody can trade their stock.

Don't you mean they failed to report within the timeframe and 30 day grace period?

That is correct, thanks sir, I'll fix it.
 
Well, I say we have a big freaking party if Iply gets the boot.
Seriously, I cant belive they havent been booted allready.
 
They've gotten the boot already in all ways that matter:

1) No self-respecting Publisher will deal with them (don't ask me to explain their Fallout3 deal...)
2) No self-respecting Developer will deal with them
3) No self-respecting Employee will deal with them
4) No self-respecting Investor will deal with them

They have used every trick and burnt every bridge.

Who's left?
 
1) No self-respecting Publisher will deal with them (don't ask me to explain their Fallout3 deal...)
2) No self-respecting Developer will deal with them
3) No self-respecting Employee will deal with them
4) No self-respecting Investor will deal with them
5) No self-respecting Gamer will deal with them
 
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