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Quotes & Info
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| INUV > SEC Filings for INUV > Form 8-K on 4-Dec-2012 | All Recent SEC Filings |
4-Dec-2012
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Trans
On November 30, 2012 Inuvo, Inc. received notice from the NYSE MKT LLC (the
"Exchange") indicating that we are below certain of the Exchange's continued
listing standards due to stockholders' equity of less than $6,000,000 and net
losses in our five of our most recent fiscal years as set forth in Section
1003(a)(iii) of the Exchange's Company Guide. Inuvo has been afforded the
opportunity to submit a plan of compliance (the "Plan") to the Exchange by
December 31, 2012 that demonstrates our ability to regain compliance with
Section 1003(a)(iii) of the Company Guide by December 2, 2013 (the "Plan
Period"). If we do not submit a Plan, or if the Plan is not accepted by the
Exchange, we will be subject to delisting procedures as set forth in Section
1010 and Part 12 of the Company Guide. If the Plan is accepted, we may be able
to continue our listing during the Plan Period, during which time we will be
subject to periodic review to determine whether we are making progress
consistent with the Plan.
On December 4, 2012, Inuvo, Inc. issued a press release announcing it the receipt of the notice from the Exchange described in Item 3.01 of this report. A copy of this press release is included as Exhibit 99.1 to this report.
Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 7.01 of Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of Inuvo, Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
99.1 Press release dated December 4, 2012.
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