VXGN On Monday

Discussion in 'Trading' started by nitro, Feb 23, 2003.

  1. Maverick74

    Maverick74

    This is a complete non event. VXGNE filed for an extension to Nasdaq and was granted one because they named a new CFO and a new auditor. They are going to go back the last 2 years and restate their numbers to the upside to recognize revenues as they come in instead of at completion on their contracts. I don't think the upside will be significant, just some minor adjustments. And for those of you that don't know, the stock was not delisted, they got an E added to their symbol because they missed their filing date. It's actually quite common. The E comes off as soon as they file their 10Q.
     
    #71     Jun 1, 2004