Business Services Industry
Nasdaq Might Pull Toledo, Ohio-Based Waste Management Firm's SmallCap Listing.
Knight Ridder/Tribune Business News, March, 2002
The Blade, Toledo, Ohio Knight Ridder/Tribune Business News
Mar. 7--Toledo's N-Viro International Corp. faces getting knocked off the Nasdaq SmallCap Market for not having a high enough net worth, the waste-treatment technology company revealed yesterday.
N-Viro has appealed a Nasdaq decision to stop listing the stock as of tomorrow. It will remain on the index during that process, said J. Patrick Nicholson, N-Viro's chairman and chief executive. He declined to discuss N-Viro's net worth yesterday.
Company officials think they can meet Nasdaq criteria by June 30, although they do not know whether that will be quick enough, Mr. Nicholson said. Among the ways N-Viro can meet requirements are through some pending business developments or by...
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