Global Energy Holdings Group’s Plan of Compliance Accepted by NYSE Amex
August 24 2009 - 4:44PM
Business Wire
On June 4, 2009, Global Energy Holdings Group, Inc. (NYSE AMEX:
GNH), a diversified renewable energy company, received notice from
the NYSE Amex Exchange (the “Exchange”) Staff, dated June 3, 2009,
indicating that the Company was not in compliance with Section
1003(a)(iv) of the Company Guide in that it has sustained losses or
its financial condition has become so impaired that it appears
questionable, in the opinion of the Exchange, as to whether Global
Energy will be able to continue operations or meet its obligations
as they mature. Global Energy was afforded the opportunity to
submit a plan of compliance to the Exchange and on July 10, 2009
presented its plan to the Exchange. On August 18, 2009, the
Exchange notified Global Energy that it accepted Global Energy’s
plan of compliance and granted Global Energy an extension until
December 3, 2009 to regain compliance with the continued listing
standards. Global Energy will be subject to periodic review by the
Exchange staff during the extension period. Failure to make
progress consistent with the compliance plan or to regain
compliance with continued listing standards by the end of the
extension period could result in Global Energy being delisted from
the Exchange.
Global Energy (AMEX:GNH)
Historical Stock Chart
From Oct 2024 to Nov 2024
Global Energy (AMEX:GNH)
Historical Stock Chart
From Nov 2023 to Nov 2024