Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing
On October 16, 2009, SMF Energy Corporation (the "Company") disclosed that it
had received a letter from The Nasdaq Stock Market ("Nasdaq") confirming that
the Company reestablished compliance with Nasdaq Marketplace Rule 5550(a)(2)
(the "Rule"), which requires a $1 minimum closing bid price for continued
listing on the Nasdaq Capital Market. The Company was required to demonstrate
compliance with the Rule by October 15, 2009, which it accomplished after
completing a 1 for 4.5 reverse stock split. The reverse stock split became
effective for trading purposes on October 1, 2009.
As a result of the reverse stock split, the Company's trading symbol was
temporarily changed from "FUEL" to "FUELD" for a period of twenty (20) days
beginning October 1, 2009. The Company's trading symbol is expected to revert
back to "FUEL" on October 29, 2009.
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