Dectron Receives Nasdaq Notice Regarding Delayed Filing of Form 10-K
23 Mai 2006 - 5:18PM
PR Newswire (US)
MONTREAL, QC, May 23 /PRNewswire-FirstCall/ -- Dectron
Internationale, Inc. (NASDAQ: DECT; TSX: DTL) today announced that
it has received a Nasdaq Staff Determination notice stating that
the company is not in compliance with Nasdaq Marketplace Rule
4310(c)(14) because it has not timely filed its Annual Report on
Form 10-K for the period ended January 31, 2006. Subsequent to the
date of such notice, on May 22, 2006, Dectron filed its Form 10-K.
The Nasdaq Staff Determination notice indicated that Dectron's
securities will be delisted from the Nasdaq Stock Market unless
Dectron requests a hearing before a Nasdaq Listing Qualifications
Panel. Accordingly, Dectron will request a hearing to review the
Nasdaq Staff Determination. Pending a decision by the hearing
panel, Dectron's common stock will remain listed on the Nasdaq
Stock Market. However, there can be no assurance that the hearing
panel will grant the company's request for continued listing.
Forward-Looking Statements This press release contains
forward-looking statements concerning Dectron's plans to request a
hearing before the Nasdaq Listing Qualifications Panel. There can
be no assurance concerning the outcome of the hearing request.
Investors are cautioned that all forward-looking statements in this
release also involve risks discussed in the company's Form 10-K
filed with the Securities and Exchange Commission on May 22, 2006.
Copies of Dectron's SEC filings are posted on the company's web
site and are available from the company without charge.
Forward-looking statements are made as of the date of this release,
and except as required by law, the company does not undertake an
obligation to update its forward-looking statements to reflect
future events or circumstances. DATASOURCE: DECTRON INTERNATIONALE
INC. CONTACT: please contact : Mauro Parissi, Glenn La Rusic, (514)
334-9609, http://www.dectron.com/; Renmark Financial Communications
Inc.: Tina Cameron : ; Henri Perron : ; (514) 939-3989, Fax : (514)
939-3717, http://www.renmarkfinancial.com/
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