"We can now focus on our game plan and execution" affirmed its president
PacificNet regains compliance with NASDAQ
2007-12-21
Reading time 26 seg
The letter said that the company has demonstrated compliance with NASDAQ’s filing requirements under the Marketplace Rules. It also said that its securities will continue to be listed on the NASDAQ Global Market. As such, the matter is now closed.
"We are very happy to announce that we are now back in full compliance with NASDAQ," said Victor Tong, President of PacificNet.
"We can now focus on our game plan and execution. We believe we are well positioned for revenue and profit growth as a leading player in the gaming technology business going forward. PacificNet plans to announce new guidance on our 2008 revenue outlook in a few weeks," Tong added.
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