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THOMAS GROUP, INC. Receives NASDAQ Deficiency Notices.

Publication: Investment Weekly News
Publication Date: 10-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Thomas Group, Inc. (NasdaqGM: TGIS), a leading operations and process improvement firm (the "Company"), announced that it received two Nasdaq Staff Deficiency Letters on September 16, 2009 indicating that the Company no longer complies with (i) the minimum bid price requirements as set forth in Listing Rule 5450(a)(1) of the Nasdaq Stock Market, which requires that listed securities maintain a minimum bid price of $1.00 per share, and (ii) the minimum market value of publicly held shares as set forth in Listing Rule 5450(b)(1)(C), which requires that the market value of publicly held shares be at least...

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