KIDSQ The Parent Company featured news, full reports, and detailed charts
The Parent Company (KIDSQ/KIDSQ.PK) Wrap Up:
As of October 12, 2007, BabyUniverse, Inc. was acquired by eToys Direct, Inc. in a reverse merger transaction. BabyUniverse, Inc. operates as an online retailer of baby, toddler, and maternity products in the United States. The company, through its Web sites, BabyUniverse.com, DreamtimeBaby.com, PoshTots.com, and PoshLiving.com, offers baby, toddler, and maternity accessories; apparel; bedding; furniture; toys; and gifts. It also delivers content and media resources to a national audience of expectant parents through PoshCravings.com, ePregnancy.com, and BabyTV.com. The company was founded in 1997. It was formerly known as Everything But The Baby, Inc. and changed its name to BabyUniverse, Inc. in 2001. BabyUniverse is headquartered in Jupiter, Florida.The Parent Company (KIDSQ:OTC)
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Key developments for The Parent Company (KIDSQ)
The NASDAQ Stock Market announced that it will delist the common stock of The Parent Company. The Parent Company's stock was suspended on January 8, 2009 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed.
Effective January 08, 2009, The Parent Company changed its OTCPK stock ticker symbol to KIDS.Q from KIDS.
The Parent Company announced that it and nine of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code before the United States Bankruptcy Court in Wilmington, Delaware. In addition, the company announced that, on December 24, 2008, the company received a NASDAQ Staff Deficiency Letter notifying the company that it is not in compliance with the requirements for continued listing set forth in NASDAQ Marketplace Rule 4310(c)(14) because of the company's failure to timely file its Quarterly Report on Form 10-Q for the period ended November 1, 2008. Pursuant to NASDAQ rules, the company has 60 days, until February 23, 2009, to submit a plan to NASDAQ to regain compliance. Following any such submission, NASDAQ may provide the company with up to 180 days, until June 22, 2009 to regain compliance.
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Industry Analysis
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KIDSQ transactions
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