Item 3.01 Notice of Delisting or Failure to Satisfy
a Continued Listing Rule or Standard; Transfer of Listing
Champion Industries, Inc.'s (the Company's) common stock has been listed on The NASDAQ Capital Market since June 12, 2012. On July 5, 2012, the Company received a NASDAQ staff determination letter notifying the Company that it was not in compliance with the NASDAQ Capital Market $4,000,000 stockholders equity requirement for initial listing, based on the Company's Form 10-Q for the period ended April 30, 2012. The NASDAQ letter advised that unless the Company requests an appeal of this determination, the Company's common stock will be scheduled for delisting from the NASDAQ Capital Market and will be suspended at the opening of business July 16, 2012, and a Form 25-NSE will be filed with the Securities and Exchange Commission which will remove the Company's common stock from listing and registration on the NASDAQ Stock Market.

On July 10, 2012, the Company determined that it will not pursue a continued listing on the NASDAQ Capital markets. The Company expects that its common stock will begin trading under the "CHMP" symbol on the OTCQB Market effective upon the opening of business on July 16, 2012.

The transition to the OTCQB marketplace does not change the Company's obligations to file periodic and other reports with the U.S. Securities and Exchange Commission under applicable federal securities laws. Company shareholders will be able to trade the stock on the OTCQB Marketplace as of July 16, 2012.

Item 9.01 Financial Statements and Exhibits

(c) The exhibits listed on the Exhibit Index on page 3 of this Form 8-K are filed herewith.

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