Speedus Announces Nasdaq Notification
19 August 2009 - 6:05AM
PR Newswire (US)
FREEHOLD, N.J., Aug. 18 /PRNewswire-FirstCall/ -- Speedus Corp.
(the "Company") (NASDAQ:SPDE) today announced that on August 17,
2009, the Company received written notification from The Nasdaq
Stock Market advising the Company that it does not currently comply
with Nasdaq's Marketplace Rule 5250(c)(1) since it has not yet
filed its Form 10-Q for the period ended June 30, 2009. This
notification has no effect on the listing of the Company's common
stock at this time. The Company expects that it will file its Form
10-K for the year ended December 31, 2008, and its 10-Q for the
periods ending March 31, 2009 and June 30, 2009, on or before
October 13, 2009, at which time the Company will be in compliance
with the rule 5250(c)(1). About Speedus Corp. Additional
information on Speedus Corp. may be obtained at
http://www.speedus.com/ or by contacting Peter Hodge at
888-773-3669 (ext. 23) or . Statements contained herein that are
not historical facts, including but not limited to statements about
the Company's product, corporate identity and focus, may be
forward-looking statements that are subject to a variety of risks
and uncertainties. There are a number of important factors that
could cause actual results to differ materially from those
expressed in any forward-looking statements made by the Company,
including, but not limited to, the continuing development of the
Company's sales, marketing and support efforts. DATASOURCE: Speedus
Corp. CONTACT: Peter Hodge of Speedus Corp., +1-888-773-3669, ext.
23, Web Site: http://www.speedus.com/
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