A couple days ago I posted about a press release on PlanetOut and their NASDAQ compliance note. Another press release was issued yesterday, confirming doubts about the only LGBT-oriented, publicly-traded company’s future on the stock market:
PlanetOut Inc. Receives Notice From Nasdaq Regarding Non-Compliance With Minimum Stockholders’ Equity Requirement (link)
SAN FRANCISCO, March 13 — PlanetOut [...]
Tag Archives: PlanetOut
Update: PlanetOut likely to lose NASDAQ listing
More NASDAQ doubt for PlanetOut?
According to a press release sent out today by PlanetOut, Inc., it looks as though the company continues to face a doubtful future that might include getting the boot from NASDAQ:
PlanetOut Inc. (Nasdaq: LGBT), a leading media and entertainment company exclusively focused on the gay and lesbian market, announced today that the audit report [...]
