XML 39 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
NASDAQ STAFF DEFICIENCY LETTER:
3 Months Ended
Dec. 31, 2012
NASDAQ STAFF DEFICIENCY LETTER:  
NASDAQ STAFF DEFICIENCY LETTER:

(11)   NASDAQ STAFF DEFICIENCY LETTER:

 

On December 31, 2012, the Company received a staff deficiency letter from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the past 30 consecutive business days, the closing bid price per share of its common stock was below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market, as required by Nasdaq Listing Rule 5550(a)(2) (the “ Listing Rule “) and that the Company is not in compliance with the Listing Rule. Nasdaq has provided the Company with 180 calendar days, or until July 1, 2013, to regain compliance. On February 6, 2013, the Company received notice from Nasdaq that it had regained compliance with the Listing Rule.