Vineyard common stock delisted from NASDAQ

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   Corona-based Vineyard National Bancorp has announced that trading on the company's common stock has been suspended as of April 27, and the company has been delisted from the. According to a news release, Vineyard received a letter on April 16 notifying it that the failure to pay its annual listing fee "constituted a failure to satisfy the filing requirement for continued listing."  The letter indicated that the stock will not be immediately eligible to trade on the OTC Bulletin Board or in the "Pink Sheets."

   Also, according to the release, the company received a letter on April 17 from NYSE Amex LLC, advising it that trading in the company's preferred stock was suspended as of April 22 and automatically defaulted to the Pink Sheets under the new ticker, VNBC.PK.

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This page contains a single entry by Matt Wrye published on May 5, 2009 7:30 AM.

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