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| ROYL > SEC Filings for ROYL > Form 8-K on 24-Jul-2009 | All Recent SEC Filings |
24-Jul-2009
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
On July 20, 2009, Nasdaq issued a determination that Royale Energy, Inc., had not yet completed a plan filed on April 16, 2009, to regain compliance with Nasdaq's minimum $10 million shareholders' equity requirement. Royale intends to appeal Nasdaq's determination pursuant to Nasdaq Rule 5800
Attached is a press release describing the Nasdaq notice and Royale's response.
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