Linked by Thom Holwerda on Sat 29th Dec 2007 21:54 UTC
SCO, Caldera, Unixware The Nasdaq market has delisted The SCO Group, the Linux-seller-turned-Linux-litigant now in Chapter 11 bankruptcy protection. The company's shares were taken off the Nasdaq because of the bankruptcy proceedings, the company said Thursday in a statement. The company had appealed Nasdaq's decision to do so but lost its appeal on December 21, the company said in a regulatory filing with the Securities and Exchange Commission.
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They're Still Listed Until.....
by Ranger on Mon 31st Dec 2007 16:59 UTC
Ranger
Member since:
2006-05-03

Even though they're on the hook to be de-listed, they haven't been as yet.

The entire de-listing action is a process within NASDAQ. SCO received the letter from NASDAQ in September and have until late March to appeal the action. When a company is to be de-listed, it doesn't happen right away. The company is given a 180-day period to appeal and try to reverse the decision.

I find it interesting that they changed they're symbol from, 'SCOX,' to, 'SCOXQ.PK.' This was done pretty recent because I was checking their stock prices & watching it plummet.

They're still listed and I'm sure they'll be trying to pull something before the March deadline.

If they do get de-listed, we could be seeing;

"Hi, I'm Darl. Welcome to Wal-Mart. Here's a sticker for your child. I own the trademark for the design on this sticker and have lawsuits pending against Wal-Mart & many others for using it without paying me to do so."

We haven't seen the last of these folks, yet......

Unfortunate but true.

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