Navigation Links
VirtualScopics Receives NASDAQ Delisting Notice; Company Files Appeal to Stay Delisting
Date:8/11/2008

ROCHESTER, N.Y., Aug. 11 /PRNewswire-FirstCall/ -- VirtualScopics, Inc. (Nasdaq: VSCP), leading provider of quantitative imaging for clinical trials, today announced that on August 7, 2008, it received notification from The NASDAQ Stock Market that the Company remains out of compliance with the $1.00 minimum per share bid requirement for continued listing as set forth in NASDAQ Marketplace Rule 4310(c)(4). As a result, VirtualScopics' securities are subject to delisting from The NASDAQ Capital Market.

In response to the notification, the Company has filed an appeal of the Staff Determination to a NASDAQ Listings Qualification Panel. The appeal request will automatically stay the delisting until the Panel reaches a decision. NASDAQ will typically hold a hearing to consider an appeal within 45 days after the appeal is made, and it may take up to 30 days after the hearing to make a decision. At the hearing, VSCP intends to present a plan to regain compliance with the minimum bid price requirement in order to maintain its NASDAQ listing. There can be no assurance the Panel will grant the Company's request for continued listing.

VSCP anticipates that its plan will consist of a request for additional time, not to exceed 180 days from August 6, 2008, for the Company to regain compliance without effecting a reverse stock split, provided that if the Company does not achieve compliance by a certain date within this additional time, the Company will effect a reverse split. Under Delaware law, the Company can effect a reverse stock split by obtaining stockholder approval, which the Company received on May 8, 2008 at its Annual Meeting of Stockholders.

"Maintaining our NASDAQ Capital Market listing is important to the Company's vi
'/>"/>

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

Page: 1 2 3

Related medicine news :

1. VirtualScopics Announces $4.35 Million Private Placement
2. VirtualScopics Backlog Exceeds a Record $20 Million
3. Lake Elsinore Family Caregiver Receives Free Power Wheelchair From The SCOOTER Store
4. DaVita Receives Civil Complaint
5. Ranbaxy Receives Tentative Approval to Manufacture and Market Galantamine Tablets on an Exclusive Basis
6. Watson Receives First FDA Approval for Manufacturing Product at Its Goa, India Facility
7. Edwards Lifesciences Receives CE Mark for Edwards SAPIEN Transcatheter Heart Valve
8. PainCare Receives $14.4 Million in Cash From Completed Sale of South Florida Ambulatory Surgery Centers
9. UT Southwesterns obesity research receives $22 million NIH Roadmap grant
10. Temple Emergency Medicine receives $1.8M to find best MRSA treatment
11. Prime Therapeutics Receives TIPPS Certification

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/25/2009)... Vintners and guests, generos..., Hillsboro, OR (PRWEB) No...! The Oregon Pinot Noir Auction topped $607,700 ...November 13 and 14. Spurred by the Big Board aucti...raised close to $14,000 above 2008 totals, over 40...
(Date:11/25/2009)..., VANCOUVER,Nov.25/PRNewswire/-- AdamDreamHealer...lingintentionschangesthephysiologyofsomeoneatadist...atimeunknowntoavolunteerwhowasmonitoredbyaquantita...ndCanada. ,, OnNovember8inVancouver,B.C.Adamini...t.Tofocusintentions,Adamcreatedavideoclipofaspecif...
(Date:11/24/2009)...searchers at the University of Miami School of Med...who underwent liver transplants for nonalcoholic s...se (ETOH) and found no statistically significant d...en the NASH and ETOH groups. Study findings are pr...ation , a journal published by Wiley-Blackwell on ...
(Date:11/24/2009)..., CHICAGO,Nov.24/PRNewswire/--Theholidayseasonca....Butformanypeople,especiallythoserecoveringfromane...s,reflectiononpastfailuresandanxietyaboutanuncerta...omaneatingdisordercanbechallengingandsometimesawkw...innocentexposuretoovereatingwiththefamily and duri...
(Date:11/24/2009)..., FLINT,Mich.,Nov.24/PRNewswire/--HealthPlusofMi...anceplansdesignedspecificallyforindividuals18to64a...althcoveragedirectly. ,, Thenew HealthPlusSigna...,andthroughagentsandbrokersthroughouttheHealthPlus...asing,isalsoavailablebytoll-freephonecallto1-877-5...
Breaking Medicine News(10 mins):Health News:Salud! The Oregon Pinot Noir Auction Raises Over $607,000 2Health News:Salud! The Oregon Pinot Noir Auction Raises Over $607,000 3Health News:Intriguing Scientific Results from World's Largest Intention Healing Project: DreamHealer 2Health News:New data emerges on liver transplant survival rates 2Health News:New data emerges on liver transplant survival rates 3Health News:When Holiday Meals Aren't a Gift 2Health News:HealthPlus Offers New Insurance Plans for Consumers Seeking Health Coverage on Their Own 2
...PHIA, Oct. 10 The Mobile Massage Team, (http://ww...n-site seated massage,services for corporate welln...irs, announced today that it is expanding its serv...r on-site,seated, massage programs and services t...
...Melanoma Specialists Will Give Accredited Course f...nt of Melanoma, To be held November 1, 2008 at th...RD, Mass., Oct. 9 The Melanoma,Foundation of New ...ate non-dermatologists on the detection and manage...
... Healthy Rewards and Educational Opportunities for...Line, PHILADELPHIA, Oct. 9 In recognition of Nat...ss (IBC) honors its more than,590 customer service...ing more than 4 million inquiries a year, IBC,s CS...
...N, Va., Oct. 9 Dr. Gariane Gunter, a,psychiatrist...ed States and,will dedicate her reign to raising p...er education campaign, Gunter is working with the ...ttp://www.nami.org/blog ., Established by Congres...
...d older and younger patients, study says , ...h kidney cancer, regardless of age, seem to benefi... well, a new study says. , The finding, published ...apy and are more likely to suffer side effects tha...
...p Marketing Efforts and FDA Activity Drive Growth ...ites, RESTON, Va., Oct. 9 comScore, Inc. (Nasdaq...today released a study of,the top pharmaceutical b...raffic in Q2 2008 with more than 1 million unique,...
Other Medicine News:Health News:Mobile Massage Team Announces Expansion of On-Site Seated Massage Services Throughout Eastern Pennsylvania and the Greater Philadelphia Region 2Health News:Paul Sullivan's Legacy: An Early Warning Program for Detecting Melanoma Before It's Too Late 2Health News:Independence Blue Cross Celebrates Customer Service Week 2Health News:Mrs. United States 'Breaks the Silence' During Mental Illness Awareness Week 2Health News:AstraZeneca's Purplepill.com Tops the List of Most Visited Pharmaceutical Brand Web Sites in Q2 2008 2Health News:AstraZeneca's Purplepill.com Tops the List of Most Visited Pharmaceutical Brand Web Sites in Q2 2008 3
(Date:11/24/2009)...,, SANDIEGO,Nov.24/PRNewswire-FirstCall/--Neuro...thatKevinGorman,PresidentandChiefExecutiveOfficero...nualPiperJaffrayHealthCareConferenceinNewYork. ,...2009at4:30p.m.EasternTime(ET)/1:30p.m.PacificTime(...aybeaccessedontheCompany,swebsiteat http://www.neu...
(Date:11/24/2009)...,, WARSAW,Ind.,Nov.24/PRNewswire-FirstCall/--Zi...yitwillbeparticipatinginthe21stAnnualPiperJaffrayH...009,at8:00a.m.EasternTime. ,, Alivewebcastofthe...onswebsiteat http://investor.zimmer.com .Thewebcas..., AbouttheCompany ,, Foundedin1927andheadqu...
(Date:11/24/2009)...,, ,, ANDOVER,Mass.,Nov.24/PRNewswire/--V...oMedicusLtd.(ASX:PME),willbeintroducingVisage®...ution,attheAnnualConferenceoftheRadiologicSocietyo...icago,IL. ,, Visage®7deliversnewlevelsofve...s,sub-specialists,andreferringphysicians.TheVisage...
Breaking Medicine Technology:Visage Imaging Introduces Visage(R) 7 for Windows and Mac OS X 2AUDIO from Medialink and Qiagen 3A Cervical Cancer 26 HPV 3A What Women Need to Know 57239 1American Scientific Resources Inc Welcomes Jason Roth 57238 1American Scientific Resources Inc Welcomes Jason Roth 57238 2GENova Biotherapeutics and Prime BioResearch signs LOI on diabetes and cancer cure 57236 1GENova Biotherapeutics and Prime BioResearch signs LOI on diabetes and cancer cure 57236 2GENova Biotherapeutics and Prime BioResearch signs LOI on diabetes and cancer cure 57236 3
... Dermatologist Promoting Regular Skin Examinations...,California resident is diagnosed with a new case ...Cancer Society. A local dermatologist is working,t...he likelihood that local,residents diagnosed with ..."Avoiding excessive exposure to direct sunlight an...
...nel Development Targeting Chronic Pain Conditions;...ial for Acute Migraine -, LA JOLLA, Calif., Aug. ...) today announced that it has initiated a,Phase I ...y, tolerability,and pharmacokinetics of tezampanel... and female volunteers once-daily for four consecu...
Other Medicine Technology:Saving Lives of California Residents Who Develop Skin Cancer Each Year: The Key is Early Detection and Treatment 2TorreyPines Therapeutics Initiates a Phase I Multiple Dose Clinical Trial of Tezampanel 2TorreyPines Therapeutics Initiates a Phase I Multiple Dose Clinical Trial of Tezampanel 3TorreyPines Therapeutics Initiates a Phase I Multiple Dose Clinical Trial of Tezampanel 4
...is designed to play a key role in the discovery pr... genomics. It has a sophisticated on-board compute...are and an easy-to-use touch screen, Optima L-XP d...iciencies, far greater capabilities and faster tur...
...all-volume samples. With the ability to provide a ... particles in lipemic samples), the Airfuge CLS de... Lipemic samples can be cleaned in 10 minutes, eli...te tabletop centrifuge: Reaches top speed in as li...
Dimension RxL Max™ Integrated Chemistry System
...nical chemistry integrated systems combine the eas...of the Multiply and Quicklyte integrated multisens... to meet the challenges of your laboratory. Models...an meet over 97% of your chemistry testing needs o...
Medicine Products: