SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of report (Date of earliest event reported): April 23,
2007
CARDINAL
COMMUNICATIONS, INC.
(Exact
name of registrant as specified in Charter)
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Nevada
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1-15383
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91-2117796
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File No.)
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(IRS
Employee Identification
No.)
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11101
West 120th Avenue, Suite 220
Broomfield,
Colorado 80021
(Address
of Principal Executive Offices)
303-285-5379
(Issuer
Telephone number)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17
CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17
CFR
240.13e-4(c))
This
Form
8-K and other reports filed by Cardinal Communications, Inc. (the "Registrant"
or the “Company”) from time to time with the Securities and Exchange Commission
(collectively the "Filings") contain forward looking statements and information
that are based upon beliefs of, and information currently available to, the
Registrant's management as well as estimates and assumptions made by the
Registrant's management. When used in the Filings the words "anticipate",
"believe", "estimate", "expect", "future", "intend", "plan" or the negative
if
these terms and similar expressions as they relate to the Registrant or the
Registrant's management identify forward looking statements. Such statements
reflect the current view of the Registrant with respect to future events and
are
subject to risks, uncertainties, assumptions and other factors relating to
the
Registrant's industry, operations and results of operations and any businesses
that may be acquired by the Registrant. Should one or more of these risks or
uncertainties materialize, or should the underlying assumptions prove incorrect,
actual results may differ significantly from those anticipated, believed,
estimated, expected, intended or planned.
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On
April
20, 2007, the OTC Bulletin Board added an “E” to the end of the ticker symbol
for the Company’s Common Stock as the Company has failed to make its required
periodic reports with the SEC. The Company has been unable to file its 10-KSB
for the year ended December 31, 2006 because it is unable to engage and
compensate its independent auditor to audit its financial statements for the
2006 fiscal year.
On
April
23, 2007 the Company received from the NASD a notification dated April 18,
2007
whose subject was an Over-the-Counter Bulletin Board (“OTCBB”) Ineligibility
Notification. Pursuant to NASD Rule 6530(e) any OTCBB issuer that is delinquent
in its reporting obligations three times in a 24-month period is ineligible
for
quotation on the OTCBB for a period of one year. The Company has been delinquent
3 times in the past 24-month period. Accordingly the Company’s securities will
be removed from quotation on the OTCBB, effective at the open of business on
April 27, 2007.
The
Company believes that the common stock will be quoted on the Pink Sheets
beginning April 27, 2007. However, the Company has no control over its market
makers’ activities.
The
Company is making every effort to file its required periodic reports, however
the Company is unable to predict the resolution if any of its reporting
requirement issues.
Item
9.01 Financial
Statements and Exhibits.
Exhibit
99.1
NASD
Letter
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this Report to be signed on its behalf by the undersigned hereunto
duly authorized.
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Cardinal
Communications, Inc.
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By: |
/s/
Edouard A. Garneau
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President
and Chief Executive Officer
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