City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards - Public Companies News from Send2Press Newswire Nov 28, 2006

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City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards

Tue, 28 Nov 2006, 17:36:00 EDT

Edited by Carly Zander

TAIPEI, Taiwan, Nov. 28 (SEND2PRESS NEWSWIRE) -- City Network, Inc. (AMEX: CSN) announced that on November 22, 2006 the Company received notice from the American Stock Exchange ("Amex") that it is not in compliance with certain Amex continued listing standards, as a result of the Company's failure to file in a timely manner a Form 10-QSB for the year ended September 30, 2006.

The letter requests that the Company submit a plan of the actions it plans to take to bring the Company into compliance with Sections 134 and 1101 of the Amex Company Guide.

The Company issued a press release on November 22, 2006 explaining that the delay in filing Form 10-QSB is the result of a delay in management's ongoing evaluation of the Company's internal control over financial reporting for the quarter ended September 30, 2006, and that the Company expects to file its Form 10-QSB on November 29, 2006.

NEWS SOURCE: City Network, Inc.

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ADDITIONAL NEWS FROM
City Network, Inc.

» City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards

» City Network, Inc. - Amendment to Press Release dated November 28, 2006

» City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards

» City Network, Inc. Announces Financial Results for the Fiscal Year Ended December 31, 2005, Going Concern Qualification, and Resignation of Mr. Lai Tiao-Tsan

» City Network, Inc. Announces Revised Financial Results For The Fiscal Year Ended December 31, 2004

» More Public Companies News » Top of Page » Home

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REFERENCES: City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards, City Network, Inc., AMEX CSN, not in compliance with certain Amex continued listing standards, delay in filing Form 10-QSB, Sections 134 and 1101 of the Amex Company Guide, American Stock Exchange delisting, Nov 28, 2006.

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