Pink Sheets: RedEnvelope Inc (REDEQ) news stock charts
RedEnvelope Inc (REDEQ/REDEQ.PK) Penny Investment Summary:
RedEnvelope, Inc. completed the sale of assets of its San Francisco-based online gift retailer, RedEnvelope.com, to Provide Commerce Inc., following a bankruptcy auction on May 27, 2008. The company was formerly known as 911 Gifts, Inc. RedEnvelope, Inc. was founded in 1997 and is headquartered in San Francisco, California. On April 17, 2008, RedEnvelope Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California, San Francisco.REDENVELOPE INC (REDEQ:OTC)
Snapshot of REDENVELOPE INC (REDEQ)
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OPEN
$0.0030
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PREVIOUS CLOSE
$0.0030
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DAY HIGH
$0.0030
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DAY LOW
$0.0030
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52 WEEK HIGH
07/31/09 - $0.0070
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52 WEEK LOW
05/14/09 - $0.0001
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MARKET CAP
28.6K
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AVERAGE VOLUME 10 D
5.0K
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EPS TTM
$-2.35
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SHARES OUTSTANDING
9.5M
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REDEQ Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for REDENVELOPE INC (REDEQ)
VIRGILS TOURS, INC. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $.01 per share.
The NASDAQ Stock Market announced that it will delist the common stock of RedEnvelope, Inc. the companys stock was suspended on April 11, 2008 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.
RedEnvelope, Inc announced that on April 2, 2008, it received a Nasdaq Staff Deficiency Letter stating that Nasdaq had previously notified the Company that if it had not held an annual meeting of stockholders by April 1, 2008 the Companys common stock would be subject to delisting. The Letter notes that the Company is not in compliance with the requirements for continued listing on the Nasdaq Capital Market set forth in Marketplace Rules 4350(e) and 4350(g). The Company is considering whether to appeal this determination and possible delisting pursuant to the procedures set forth in the Nasdaq Market Place Rule 4800 Series. However, there can be no assurances that the Companys appeal, if made, will be acceptable to Nasdaq. If the Companys appeal is not successful, or if an appeal is not timely made, its common stock may be delisted from the Nasdaq Capital Market.
RedEnvelope Inc financial resources
REDEQ Competitors
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Industry Analysis
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REDEQ transactions
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Target | |
| No transactions in the last 6 months. | ||