HomeSeekers.com, Inc.
(OTCBB:HMSK) today announced that the Company's securities have been
delisted from the Nasdaq SmallCap Market, but will begin to trade on
the Over-the-Counter (OTC) Bulletin Board effective with the open of
business on July 17, 2001.
The decision by the Nasdaq Listing Qualifications Panel to delist
Homeseekers.com, Inc. securities was based on the Company's failure to
maintain a minimum bid price of $1.00 per share. Homeseekers.com, Inc.
exercised its right to appeal an earlier Staff determination to delist
the Company's stock and requested a hearing before a Nasdaq Listing
Qualifications Panel, which occurred on June 1, 2001. Homeseekers.com,
Inc. expects the move from Nasdaq to the OTC Bulletin Board to have no
impact on its day-to-day operations.
Published: July 17, 2001
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