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| BT : NYSE https://scaratings.com/newScaratings/viewtopic.php?f=43&t=3126 |
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| Author: | scar [ Fri Feb 26, 2016 4:58 pm ] |
| Post subject: | BT : NYSE |
http://www.prnewswire.com/news-releases ... 13353.html CARLSBAD, Calif., Feb. 2, 2016 /PRNewswire/ -- NTN Buzztime, Inc. (NYSE MKT: NTN), leader in interactive entertainment and innovative dining technology to bars and restaurants in North America, announced it received a letter from NYSE Regulation, Inc. on January 28, 2016, stating it accepted the company's plan to regain compliance with Section 1003(a)(iii) of the Company Guide of the NYSE MKT LLC by May 13, 2017. "Our management team and board of directors are pleased our compliance plan has been accepted by the exchange and we intend to work diligently to execute on our business strategy," said NTN Buzztime CEO Ram Krishnan. As reported previously, on November 13, 2015, NTN Buzztime received a letter from NYSE Regulation that the company is not in compliance with NYSE MKT LLC's continued listing standards because it reported stockholders' equity of less than $6 million as of September 30, 2015 and had net losses in five of its most recent fiscal years ended December 31, 2014. As a result, the company became subject to the procedures and requirements of Section 1009 of the Company Guide. On January 28, 2016, the NYSE Exchange notified NTN Buzztime that it had accepted the company's plan of the actions it has taken or will take to regain compliance with Section 1003(a)(iii) of the Company Guide by May 13, 2017, and granted a plan period that extends through May 13, 2017 to regain compliance. NTN Buzztime will be subject to periodic review by NYSE Regulation staff for compliance with the plan. If NTN Buzztime is not in compliance with the continued listing standards by May 13, 2017, or if NTN Buzztime does not make progress consistent with the plan, NYSE Regulation staff will initiate delisting procedures as appropriate. The listing of the Company's common stock on the exchange is being continued pursuant to an extension. |
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| Author: | xtrain [ Sun Feb 28, 2016 10:35 pm ] |
| Post subject: | Re: BT : NYSE |
According to the chart on Yahoo.com, the shareholders' equity at the end of trading last Friday was $12.1 million. So that's a good sign, right? XTrain |
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| Author: | xtrain [ Sat Mar 05, 2016 12:10 am ] |
| Post subject: | Re: BT : NYSE |
I don't know, of course, what the financial situation is of the players who still persist in taking part in the games each week--though the numbers of players is dwindling alarmingly. I seem to recall that the players at the former Grand Slam team--which, as late as last year, settled on a BWW in Maryland or Virginia as a home--but they were always rumored to be well heeled. Perhaps an effort could be organized to have a group of players actually buy the company. I've always felt that the backlog of questions and answers was an untapped potential source of income. (For books, etc.) Perhaps other business-minded players have suggestions as well. Comments welcome. XT |
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