UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934


 

April 16, 2009

Date of Report (Date of earliest event reported)


 

INPLAY TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in its Charter)


Nevada

 

001-15069

 

88-0308867

(State or Other
Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)


 

13845 North Northsight Boulevard

Scottsdale, Arizona 85260

(Address of principal executive offices) (Zip Code)


 

(480) 586-3300

(Registrant's telephone number, including area code)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrantunder any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 3.01.  Notice of Delisting or Failure to Satisfy Continued Listing Rule or Standard; Transfer of Listing.

On April 16, 2009, the Company received a Staff Determination letter from Nasdaq  indicating that the Company is subject to delisting proceedings due to non-payment of certain outstanding fees as required for continuing listing set forth in Nasdaq’s Listing Rule 5210(d). If the Company elects not to appeal the Delisting Notice, the trading of the Company’s common stock will be suspended at the opening of business on April 27, 2009, and a Form25-NSE will be filed with the SEC which will remove the Company’s common stock from listing and registration on The Nasdaq Stock Market. If the Company does request a hearing before a Nasdaq Listing Qualifications Panel, there can be no assurance that the Panel with grant the Company’s request for continued listing.

The Delisting Notice also states that the Company’s securities will not be immediately eligible to trade on the OTC Bulletin Board or in the “Pink Sheets.” The securities may become eligible if a market maker makes application to register in and quote the security in accordance with SEC Rule 15c2-11, and such application (a “Form 211”) is cleared. Pursuant to FINRA Marketplace Rules 6530 and 6540, a Form 211 cannot be cleared if the Company is not current in its filing obligations with the SEC. Only a market maker, not the Company, may file a Form 211.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 

 

InPlay Technologies, Inc.

 

(Registrant)

 
 
Date:

April 22, 2009

By:

/s/ Mark R. Sokolowski

Mark R. Sokolowski

Chief Financial Officer

Inplay Technologies (MM) (NASDAQ:NPLA)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Inplay Technologies (MM) Charts.
Inplay Technologies (MM) (NASDAQ:NPLA)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Inplay Technologies (MM) Charts.