Cap Rock Energy Announces Submission and Acceptance of Compliance Plan
28 September 2005 - 3:07AM
PR Newswire (US)
MIDLAND, Texas, Sept. 27 /PRNewswire-FirstCall/ -- Cap Rock Energy
Corporation (AMEX:RKE) received notice from the Staff of the
American Stock Exchange indicating that the Company has failed to
meet the Exchange's continued listing standards because of a
failure to file its quarterly report on Form 10-Q for the quarter
ended June 30, 2005, in a timely manner. The Company was afforded
the opportunity to submit a plan of compliance to the Exchange and
on September 9, 2005, presented a plan to the Exchange. On
September 21, 2005, the Exchange notified the Company that it had
accepted the Company's plan of compliance and granted the Company
an extension until October 6, 2005, to regain compliance with the
continued listing standards. The Company will be subject to
periodic review by the Exchange Staff during the extension period.
Failure to make progress consistent with the plan or to regain
compliance with the continued listing standards by the end of the
extension period could result in the Company being delisted from
the American Stock Exchange. In the event delisting procedures are
instituted, the Company has the right to appeal. The Company plans
to file its quarterly report on Form 10-Q no later than October 6,
2005, and expects to be in full compliance with the listing
standards by that time. DATASOURCE: Cap Rock Energy Corporation
CONTACT: Ronnie Lyon of Cap Rock Energy Corporation,
+1-903-813-0377, or
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