Historical Archive
This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
EarthCare Symbol Changed From 'ECCOE' to 'ECCO'
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
EarthCare Symbol Changed From 'ECCOE' to 'ECCO'
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Conservation & Wildlife
Corporate Responsibility
Science & Technology
Syndication Partners
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EarthCare Symbol Changed From 'ECCOE' to 'ECCO'
DALLAS, TEXAS, Apr. 24 -/E-Wire/-- EarthCare Company (Nasdaq: ECCO) announced today that The Nasdaq Stock Market has changed the Company's trading symbol from "ECCOE" back to "ECCO". The Company's symbol had been changed to "ECCOE" because the Company was late filing its Annual Report on Form 10-K with the Securities and Exchange Commission. The Form 10K was filed on April 19, 2001.
EarthCare was notified on March 20, 2001 that its common stock may be delisted from The Nasdaq National Market. Nasdaq notified EarthCare that the minimum bid price for the Company's common stock during the 30-day period prior to such notice did not exceed the minimum required share price. The Company has scheduled an oral hearing with Nasdaq to discuss whether the Company's common stock can continue to be listed on Nasdaq's National Market. Nasdaq has notified the Company that in order for the Company to continue trading on the National Market it must address the bid price of its common stock, the market value of the public float and the minimum market maker requirements. The Company has applied for listing with Nasdaq's Small Cap Market and with the American Stock Exchange (Amex); however, its common stock does not currently satisfy the Nasdaq Small Cap or Amex listing requirements. As a result, there can be no assurance that the Company's common stock listing applications will be accepted by the Amex or the Nasdaq Small Cap or that the Company will be listed on any exchange or be able to develop or maintain any market for its shares.
EarthCare Company is a nonhazardous waste services company with business units serving the solid and liquid waste needs of a variety of residential, commercial, municipal and industrial customers.
Statements made in this press release that express EarthCare's or management's intentions, plans, beliefs, expectations or predictions of future events are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements. It is important to note that the company's actual results or performance could differ materially from those anticipated or projected in such forward-looking statements. The forward-looking statements contained herein represent the judgment of EarthCare as of the date of this press release, and EarthCare expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in EarthCare's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
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