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NYSE AMEX LLC CONTINUES TRADING HALT IN SECURITIES OF ASIA TIME CORP.
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NEW YORK , April 8, 2009 -- NYSE Regulation, Inc. announced today that it is reviewing the continued listing status of the common stock of Asia Time Corp. (the “Company”) -- ticker symbol TYM -- listed and traded on NYSE Amex.
NYSE Amex halted trading on Monday, April 6, 2009, due to the lack of information regarding the Company's liquidity and financial position following the Company's failure to timely file with the Securities and Exchange Commission its Form 10K for the year ended December 31, 2008. NYSE Amex will continue the trading halt of the Company’s securities until such time as NYSE Regulation has been able to complete its related evaluation. Upon completion of its evaluation, NYSE Amex will either suspend the security from trading or resume trading. If NYSE Amex decides to suspend the security, it would then apply to the SEC to delist the issue.
See the link to the NYSE Amex Listing Standards below.
http://www.nyse.com/regulation/nysealternextus/1231977631662.html
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