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Stock Market & Financial Investment News

News Breaks
September 6, 2012
06:06 EDTCJJDChina Jo-Jo Drugstore receives delisting notice from NASDAQ
China Jo-Jo Drugstores announced that on August 31, it was notified by The NASDAQ Stock Market, notifying it of its failure to maintain a minimum closing bid price of $1.00 over the then preceding 30 consecutive trading days for its common stock. The company has until February 27, 2013, to regain compliance. The company intends to actively monitor the bid price for its common stock between now and February 27, 2013, and will consider available options to resolve the deficiency and regain compliance with the minimum bid price requirement.
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