A le won't be delisted from the NASDAQ

There was a chance that A le would be delisted from the NASDAQ, which is never good for a company's stock. The i ue stemmed from the investigation of optio irregularities which forced A le to restate earnings. This, in turn, delayed the filing of some paperwork, a 10Q form to be exact, therefore leading to po ible delisting.

Luckily, the NASDAQ stated that they will not delist A le as long as the company files their 10Q within 2 months. Peter O enheimer, A le CFO, says that if A le is unable to meet that deadline they will file for an exte ion.

[via the Mac O erver]