Business Services Industry
Toledo, Ohio, Bio-Organic Waste Processor Fights to Keep Listing on Nasdaq.
Knight Ridder/Tribune Business News, April, 2002
By Gary T. Pakulski, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News
Apr. 19--Toledo's N-Viro International Corp. yesterday morning continued its fight to stay listed on the Nasdaq SmallCap market.
Representatives of the waste-treatment technology company spent an hour making their case before a Nasdaq qualifications panel.
Patrick Nicholson, the firm's chief executive, declined to provide details of the meeting, saying he didn't expect a decision for three to four weeks. Nasdaq spokesman Mike DeMeo said any information about the panel's eventual decision would have to come from the company.
N-Viro is appealing a decision by the exchange to delist the firm because it has insufficient net worth.
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