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Article: Consulier Elects to Delist to Materially Cut Costs and Increase Shareholder Value.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Consulier Engineering, Inc. (the "Company") (NASDAQ:CSLR), announced that it has given formal notice to the Nasdaq Stock Market ("Nasdaq") of the Company's intention to voluntarily delist its common stock from the Nasdaq Capital Market. The Company also announced that it plans to deregister its common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company currently anticipates that it will file with the Securities and Exchange Commission ("SEC") and Nasdaq a Form 25 relating to the deregistration of its common stock on or about October 28, 2009, with the delisting of its common stock taking effect no earlier than ten ...