Kent Financial Services Announces Voluntary Delisting From NASDAQ
December 19 2011 - 10:43AM
Marketwired
On December 19, 2011, Kent Financial Services, Inc. (the "Company")
(NASDAQ: KENT) announced that the Company's common stock will cease
trading on the Nasdaq Capital Market ("NASDAQ") effective with the
close of business on December 29, 2011. The Company expects its
common stock to begin trading under the "KENT" symbol on the Pink
OTC Market following the cessation of trading on NASDAQ.
The transition to the Pink OTC Market does not change the
Company's obligation to file periodic and other reports with the
Securities and Exchange Commission under applicable federal
securities laws. In addition, the transition of the Company's stock
to the Pink OTC Market will have no effect on the shares
themselves. The Company's shareholders remain owners of the common
stock and will be able to trade the stock on the Pink OTC Market as
of December 30, 2011.
This release contains forward-looking statements which may
involve known and unknown risks, uncertainties and other factors
that may cause the Company's actual results and performance in
future periods to be materially different from any future results
or performance suggested by these statements. Kent Financial
Services cautions investors not to place undue reliance on
forward-looking statements, which speak only to management's
expectations on this date.
Direct Inquiries To: Bryan P. Healey Chief Executive Officer
(682) 738-8011
Kent Financial Services (NASDAQ:KENT)
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