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GFLB -- potential bounce play in action

news out on the 12th

http://www.**************.com/quote.php -- input the ticker if need be

Great Florida Bank Receives NASDAQ Minimum Bid Price Noncompliance Notice
Jan 12, 2010 3:18:00 PM
2010 GlobeNewswire, Inc.
Email Story Discuss on ZenoBank

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MIAMI LAKES, Fla., Jan. 12, 2010 (GLOBE NEWSWIRE) -- Great Florida Bank (Nasdaq:GFLB), today announced it has received an advisory letter from the Nasdaq Stock Market ("NASDAQ"). The letter indicates that based upon the closing bid price for the Bank's common stock for the last 30 consecutive business days, Great Florida Bank no longer meets the $1.00 minimum bid price requirement of listing rule 5450(a)(1) for continued listing on the NASDAQ Global Market. However, as stipulated by rule 5810(c) (3) (A), the Bank has a 180 calendar day grace period (July 6, 2010 expiration date) in which to regain compliance. If at any time during the grace period the bid price of the Bank's common stock trades above the minimum bid price requirement for a minimum of ten consecutive business days, the Bank will regain compliance.

seen this many of time, loading and waiting at this point

yahoo link -- 1% today --

web site --

Corporate Headquarters

15050 NW 79th Court
Suite 200
Miami Lakes, FL 33016
tel: 305-514-6900
fax: 305-557- 4313

fLIP THEM all ~~ !!

Posts: 41 | From: dallas | Registered: Jan 2010  |  IP: Logged | Report this post to a Moderator

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