LOS ANGELES, Nov. 8 /PRNewswire-FirstCall/ -- Cash Technologies, Inc. (Amex: TQ) ("Cash Tech" or the "Company") announced today that the American Stock Exchange (the "Exchange" or "AMEX") notified Cash Tech on November 2, 2007 that Cash Tech does not meet certain of the Exchange's continued listing standards as set forth in part 10 of the AMEX Company Guide (the "Company Guide). Specifically, Cash Tech is not in compliance with Section 1003(a)(i) of the Company Guide with shareholders' equity of less than $2 million and losses from continuing operations and/or net losses in two out of its three most recent years; Section 1003(a)(ii) of the Company Guide with shareholders' equity of less than $4 million and losses from continuing operations and/or net losses in three out of its four most recent years; 1003(a)(iii) of the Company Guide for having shareholders' equity of less than $6 million and losses from continuing operations and/or net losses in its five most recent fiscal years; and Section 1003(a)(iv) of the Company Guide in that it has sustained such losses which are so substantial to its overall operations or its existing financial resources, or its financial condition has become so impaired that it appears questionable, in the opinion of the Exchange, as to whether such company will be able to continue operations and/or meet its obligations as they mature; and Section 301 of the Company Guide in that Cash Tech issued or authorized its transfer agent or registrar to issue or register, additional securities of a listed class prior to receiving notification from the Exchange that the securities have been approved for listing.
In addition, in accordance with Section 610(b) of the Company Guide, a
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