In California, Pacific Ethanol has received a 180-day reprieve from delisting on NASDAQ thanks to reaching a $1 for 10 consecutive trading days since it received the notice regarding being out of compliance back in June. The delisting notice was the third the company has received since September 2009 and the second it received in a year. The stock is currently trading around 30 cents.
More background on the story from the Digest
Category: Producer News