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Dickie Walker Marine Receives Nasdaq Letter.

Publication: PR Newswire
Publication Date: 31-MAY-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
OCEANSIDE, Calif., May 31 /PRNewswire-FirstCall/ -- Dickie Walker Marine, Inc. today announced that it received a Staff Determination Letter from The Nasdaq Stock Market on May 26, 2005, which states that the company is not in compliance with Marketplace Rule 4310(c)(2)(B) and is subject to delisting from The Nasdaq SmallCap Market.

Dickie Walker Marine said it today filed its request for a hearing before the Nasdaq Listing Qualifications Panel to review the Staff Determination. Dickie Walker Marine's securities will continue to be listed on The Nasdaq SmallCap Market pending the Panel's decision after the requested hearing.

On May 10, 2005, Dickie Walker Marine filed a preliminary proxy/ prospectus on Form S-4 with the Securities and Exchange Commission (SEC), which describes the details of the proposed acquisition of Intelligent Energy Holdings by the company. The company believes it will meet all initial...

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