Navigation Links
CryoCor Reports Going Concern Statement and Receives Notification From Nasdaq Relating to Minimum Stockholders' Equity
Date:3/27/2008

SAN DIEGO, March 27 /PRNewswire-FirstCall/ -- CryoCor, Inc. (Nasdaq: CRYO), reported today that its Annual Report on Form 10-K included an audit opinion with a "going concern" qualification. The going-concern qualification is a statement from CryoCor's independent registered public accounting firm expressing substantial doubt, based upon current financial resources, as to whether CryoCor can continue to meet its obligations beyond 2008 without access to additional working capital. In its Annual Report on Form 10-K, CryoCor indicated that its working capital balance at December 31, 2007 and the expected collection of $4.0 million from its collaboration with Boston Scientific Corporation, or BSC, would be sufficient to meet its anticipated cash requirements until the fourth quarter of 2008. The Company stated that additional capital would be needed to fund operations beyond that time period. CryoCor has previously announced that it is considering alternative financing options, including public or private equity offerings, debt financings or corporate collaboration and licensing arrangements.

CryoCor also announced today that it received a letter, dated March 26, 2008, from The Nasdaq Stock Market, notifying CryoCor that, based on its Form 10-K for the period ended December 31, 2007, Nasdaq staff determined that CryoCor's stockholders' equity was $6,346,000 as of December 31, 2007 and therefore does not comply with the minimum $10,000,000 stockholders' equity requirement for continued listing on The Nasdaq Global Market set forth in Nasdaq Marketplace Rule 4450(a)(3).

The Nasdaq letter dated March 26, 2008 has no immediate effect on the listing of the Company's common stock. The Nasdaq staff is reviewing CryoCor's eligibility for continued listing on The Nasdaq Global Market and has asked the Company to provide a specific plan to achieve and sustain compliance with all of the Nasdaq listing requirements by April 10, 2008. The Company intends to res
'/>"/>

SOURCE CryoCor, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. CryoCor Invited to Participate in FDA Advisory Panel Meeting on Atrial Fibrillation
2. CryoCor to Present at Maxim Group First Annual Growth Conference in New York
3. CryoCor Appoints New Vice President of Sales and Marketing
4. CryoCor Announces Web cast and Conference Call of Third Quarter 2007 Results
5. CryoCor Files Response to Patent Infringement Lawsuit
6. CryoCor Reports Publication in Circulation for Treatment of Atrial Fibrillation
7. CryoCath intends to contest patent infringement claim by CryoCor, Inc.
8. Dr. Warren Jackman Joins CryoCor Scientific Advisory Board
9. CryoCor to Present at Roth Capital Partners 20th Annual OC Growth Stock Conference
10. CryoCor Announces Web cast and Conference Call of 2007 Year End Results
11. CryoCor Reports 2007 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/26/2014)... New York (PRWEB) July 26, 2014 ... filed in state and federal litigations since the 2012 ... has surpassed 3,700 filings, Bernstein Liebhard LLP reports. According ... at least 2,064 cases have been filed in the ... Rejuvenate Hip Stem and the ABG II Modular Hip ...
(Date:7/26/2014)... 2014 (HealthDay News) -- Pools can provide much-needed relief ... sick if they swallow too much chlorinated water, experts ... for little ones to get water in their mouth. ... pool, despite warnings from their parents. Although swallowing ... important for parents to realize that ingesting too much ...
(Date:7/26/2014)... (PRWEB) July 26, 2014 “Today, we ... to the clients all over the world. All these ... is specially designed for the UK market,” says the ... most popular suppliers of women’s special occasion outfits. , ... prom season comes. DressesOnlineShops.co.uk is one of the best ...
(Date:7/26/2014)... 26, 2014 As reported by ... changing based on 3 factors: smaller spaces, multi-generational access, ... bathroom trend of 2014 lists, including this article ... Amerec , a leading manufacturer of steam bath ... largely due to smaller spaces and an effort to ...
(Date:7/26/2014)... 26, 2014 “BRIC Sinuscopes Market Outlook ... Sinuscopes market. The report provides value, in millions of ... US dollars) within market segments – Rigid Non-Video Sinuscopes. ... shares data for each of these market categories, and ... products, and news and deals related to the Sinuscopes ...
Breaking Medicine News(10 mins):Health News:Stryker Hip Lawsuit Filings in State and Federal Litigations Continue to Rise, Bernstein Liebhard LLP Reports 2Health News:Stryker Hip Lawsuit Filings in State and Federal Litigations Continue to Rise, Bernstein Liebhard LLP Reports 3Health News:Don't Let Kids Drink Pool Water 2Health News:Famous Supplier DressesOnlineShops.co.uk Announces Its New Selection of Prom Dresses for the UK Market 2Health News:Amerec Finds Bathroom Design Trends Change Based on Water Consumption and Other Factors 2Health News:Sinuscopes Market in BRIC (Brazil, Russia, India & China) Forecast to 2020 Report Available at MarketOptimizer.org 2Health News:Sinuscopes Market in BRIC (Brazil, Russia, India & China) Forecast to 2020 Report Available at MarketOptimizer.org 3Health News:Sinuscopes Market in BRIC (Brazil, Russia, India & China) Forecast to 2020 Report Available at MarketOptimizer.org 4
... in Healthcare with Launch Campaign for Bay Harbor Podiatry ... 19 Bob Gold & Associates, Inc ... marketing agency, announced today a new addition to its ... , a Torrance, Calif.-based practice that has provided cutting-edge ...
... Midbrook, Inc., a Jackson, MI based manufacturer of cleaning systems and ... kit for use in a variety of industries. The Midbrook ATP ... schools, and any other field where health regulations are present. , ... ...
... doctors and treatment packages. , ... Bangkok, Thailand (PRWEB) ... a new healthcare web portal to help consumers find ... of the world,s leading medical facilities like Bumrungrad International, Parkway and ...
... 19 Despite the current economic recession, physician and ... continues to accelerate at healthy rates. Sound Surgical ... its 1,000th system during the first quarter of 2009. ... to date. Each month more than 10,000 patients visit ...
... BJGP ) ("BMP Sunstone" or the "Company"), today announced,financial ... Financial Highlights from the First Quarter Ended March ... $39.3 million from $18.1 million in, ... increased to $20.7 million from $7.7 million in the prior, ...
... at the 5th Annual Games for Health Conference ... Project, organizers of the 5th Annual Games for Health ... by SharpBrains, a leading market research company focused on ... Cognitive Health track builds upon previous year,s sampling of ...
Cached Medicine News:Health News:Bob Gold & Associates Steps Up as Marketing & PR Agency for Bay Harbor Podiatry Group 2Health News:ATP Detection a Valuable Tool for All Industries 2Health News:ATP Detection a Valuable Tool for All Industries 3Health News:Top International Hospitals Join Medeguide 2Health News:Sound Surgical Technologies LLC Places 1,000th VASER Lipo System Amongst Strong Patient Demand 2Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 2Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 3Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 4Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 5Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 6Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 7Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 8Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 9Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 10Health News:BMP Sunstone Reports First Quarter 2009 Financial Results 11Health News:Games for Health Conference Announces First Cognitive Health Track Powered by SharpBrains 2Health News:Games for Health Conference Announces First Cognitive Health Track Powered by SharpBrains 3Health News:Games for Health Conference Announces First Cognitive Health Track Powered by SharpBrains 4
(Date:7/24/2014)... MARSEILLE , Frankreich, July ... , Weltweite Exklusivlizenz der Universität ... Entwicklung von Tests auf SF3B1-Mutationen, einschließlich von ... Neuer Test weist Mutationen des SF3B1-Gens nach, ... einen günstigen Krankheitsverlauf vermuten lassen  ...
(Date:7/24/2014)... -- Abaxis, Inc. (NasdaqGS: ABAX ), a medical ... financial results for the first fiscal quarter ended June ... Revenues of $47.5 million, up 10% over last year,s ... 50% over last year,s comparable quarter. Revenues ... up 20% over last year,s comparable quarter. , ...
(Date:7/24/2014)... July 24, 2014 Amgen (NASDAQ: AMGN ... financial results on Tuesday, July 29, 2014, after the close ... by a conference call with the investment community at 2 ... Robert A. Bradway , chairman and chief executive officer, ... Live audio of the conference call will be simultaneously broadcast ...
Breaking Medicine Technology:QIAGEN erweitert Pipeline für die personalisierte Medizin um vielversprechende genomische Biomarker zur Prognosebestimmung bei Blutkrebsbehandlungen 2QIAGEN erweitert Pipeline für die personalisierte Medizin um vielversprechende genomische Biomarker zur Prognosebestimmung bei Blutkrebsbehandlungen 3QIAGEN erweitert Pipeline für die personalisierte Medizin um vielversprechende genomische Biomarker zur Prognosebestimmung bei Blutkrebsbehandlungen 4QIAGEN erweitert Pipeline für die personalisierte Medizin um vielversprechende genomische Biomarker zur Prognosebestimmung bei Blutkrebsbehandlungen 5Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 2Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 3Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 4Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 5Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 6Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 7Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 8Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 9Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 10Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015 11Amgen Announces Webcast of 2014 Second Quarter Financial Results 2
... Dissectron ultrasonic aspirator, ... ultrasonic surgical aspirator for ... of tissue available only ... Gathers in a very ...
Extremely wide blade opening. Excellent bio and MRI compatibility. Lot number on each clip. Long reliable history. Deflected large type, opening width 8.0 mm and length 7.5 mm....
Extremely wide blade opening. Excellent bio and MRI compatibility. Lot number on each clip. Long reliable history. Deflected large type, opening width 10.0 mm and length 10 mm....
Extremely wide blade opening. Excellent bio and MRI compatibility. Lot number on each clip. Long reliable history. Temporary mini-type 1/1 (mm), opening width 5.0 mm and length 6 mm....
Medicine Products: