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Firm May Be Delisted

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General Automation Inc. is in danger of having its shares delisted by the American Stock Exchange because the Irvine company did not file its quarterly earnings in March, according to documents filed Tuesday the Securities and Exchange Commission.

Auditors for the software support service withdrew their financial reports for the 1995, 1996 and 1997 fiscal years because of internal accounting errors, which could have caused an overstatement of the company’s income and results of operations. The exchange halted trading the company’s stock May 20.

On Tuesday, General Automation notified the SEC that it had received the letter from the exchange. Company officials said they are continuing to resolve the matter with their auditors and the exchange.

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