|
|
Article: Radio Unica Communications Corp. Comments on Recent Developments; Company Receives Delisting Notice from Nasdaq, Plans to Appeal.
- Article from:
- PR Newswire
- Article date:
- July 19, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Positive Second Quarter EBITDA Expected on 23% Revenue Increase
And Strict Cost Controls
Secures Senior Credit Facility from GE Capital
MIAMI, July 19 /PRNewswire-FirstCall/ -- Radio Unica Communications Corp. , the nation's only Spanish language radio network, today commented on recent developments.
The Company announced today that it has received a Nasdaq Staff Determination on July 15, 2002 indicating that Radio Unica fails to comply with the minimum net tangible assets requirement or the minimum stockholders equity requirements for continued listing set forth in Marketplace Rule 4450(a)(3) and that its ...