Article: Yak Communications Issues Restated Financial Statements.

MIAMI & TORONTO -- Company Believes it is in Full Compliance with NASDAQ Filing Requirements

Yak Communications Inc. (NASDAQ:YAKCE), a provider of telecommunication services to residential and business customers, has on May 31, 2005, filed its Forms 10-Q for its fiscal quarters ended December 31, 2004 and March 31, 2005. In addition, the Company filed various amended periodic reports restating its financial statements for the fiscal year ended June 30, 2003, and the first three fiscal quarters of and the fiscal year ended June 30, 2004, and the first fiscal quarter of 2005 (ended September 30, 2004).

As previously-announced, the Company was notified by ...






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