InPlay Technologies Receives Nasdaq Letter Regarding Form 10-K Filing
April 14 2009 - 12:52PM
Business Wire
InPlay Technologies, Inc. (NASDAQ: NPLA) (the �Company�) today
announced that it received notice from the Nasdaq Stock Market on
April 2, 2009, indicating that it is not in compliance with the
filing requirements for continued listing under Nasdaq Marketplace
Rule 4310(c)(14) because it did not timely file its Form 10-K for
the fiscal year ended December 31, 2008. Under Nasdaq rules, the
Company has 60 days from the date of the notice, or until June 1,
2009, to file a plan to regain compliance, and if the plan is
accepted, Nasdaq can grant up to 180 calendar days from the
filing�s due date, or until September 28, 2009, to regain
compliance.
About InPlay Technologies
InPlay Technologies is a developer of innovative human interface
devices for computing and communication products. Visit
www.inplaytechnologies.com
for more information.
This news release contains certain �forward-looking statements�
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements include statements regarding our
continued listing on the Nasdaq Capital Market. Risks and
uncertainties that could cause results to differ materially from
those projected include our ability to regain and maintain
compliance with Nasdaq�s requirements for continued listing and
other uncertainties described from time to time in our documents
filed with the Securities and Exchange Commission, including our
Annual Report on Form 10-KSB for the year ended December 31, 2007
as filed with the Securities and Exchange Commission on March 24,
2008. These forward-looking statements represent our beliefs as of
the date of this press release and we disclaim any intent or
obligation to update these forward-looking statements.
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