Florida-based Rica Foods has received a official notification from the American Stock Exchange (Amex) of its failure to file its quarterly report on Form 10-Q for the quarter to the end of December 2005.
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The Amex notification stated that the company has triggered an additional instance of non-compliance under Sections 134 and Sections 1101 of the Amex Company Guide.
Amex has already decided to proceed with the filing of an application with the Securities and Exchange Commission (SEC) to delist the company’s common stock as a result of its non-compliance with certain other Amex listing standards.
Rica said it has appealed this application and an appeal hearing is scheduled before an Amex Listing Qualifications Panel.
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