| Joseph Diaz: Biomet, Inc Gets Nasdaq Warning |
|
|
|
| Tuesday, 16 January 2007 | |
Joseph Diaz: Biomet, Inc Gets Nasdaq WarningMIAMI, FL (NAMC) On Friday medical products company, Biomet, Inc. (NASDAQ:BMET), stated that the Company has received a Staff Determination letter from the Nasdaq Stock Market that indicated that the Company was not in compliance with Nasdaq listing reqiuirements due to their delayed filing of its Quarterly Report (10Q). This was expected by Biomet as on January 9, 2007 they filed a Form 12b-25 with the Securities and Exchange Commission which stated that their filing of its 10Q would be delayed. Although they do face delisting if they do not file their 10Q it is a formality that a public Company receives such a determination letter, but it is highly anticipated that they will comply with the continued listing requirements by the Nasdaq prior to the deadline.
NAMC Newswire Note: The 2007 "Wall Street to Main Street" Contest is underway and is only available to subscribers. Keep in mind that all subscriptions are free, all that you need to do is go to www.namcnewswire.com/contest and add your email address, its simple, quick and FREE. You can win one of the many prizes being offered from an iPod, Zune to various gift cards from select retailers.. This article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire. Also be sure to listen to the "Wall Street to Main Street" radio show that is syndicated daily. Just visit the NAMC radio at www.namcnewswire.com/namcradio. U.S. Trade Delegations to China scheduled for 2007, Small and Mid Cap Public and Private U.S. Companies are the Focus of the trips: www.namcworldwide.com/conferences |
