Communication Breakdown
Communications from the world of, er, communications. And other stuff.
Thursday 20 September 2007, 11:45 AM
SCO to appeal Nasdaq delisting
When some companies fall, they fall hard.
For some odd reason, the Nasdaq stock exchange has decided it may not be a good idea to let the public (who?) continue investing in The SCO Group, which has just admitted it may soon go down the plughole. So it's sent a letter to SCO telling it that its shares will be delisted in a week's time.
SCO will of course appeal but, as it acknowledges, "there can be no assurance that the panel will grant the Company's request for continued listing".
Typical. First you find out that you owe your intended victim legal sparring partner money, rather than the other way round, then this happens. No justice in this world, eh?
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If you are expecting any ROI, then don't put money in a sinking ship. The rats have already left.
