NASDAQ Drops Firm’s Stock: American Health Services...
From staff and wire reports
NASDAQ Drops Firm’s Stock: American Health Services Corp. in Newport Beach said that its stock has been pulled from NASDAQ’s National Market System electronic trading program because the company’s capital and cash surpluses no longer meet minimum NASDAQ requirements.
Company officials said the decline in capital and cash was a result of a decision to write down certain assets and set aside additional reserves for the year ended Dec. 31, 1992. The stock continues to be listed on the OTC Bulletin Board.
