UNVC Now they tell Dalton was on the Nasdaq with U
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Posted On: 01/12/2023 3:41:13 AM
UNVC Now they tell Dalton was on the Nasdaq with Univec NOT TRUE. They paint the picture of Dalton as a saint they should be truthful with there selves first. Dr. David Dalton has served as President and Chief Executive Officer of Univec, Inc. since January 1, 2002,
On July 2, 1999, the Registrant announced that it was delisted from the Nasdaq Small Cap Market in a press release, which is attached as Exhibit 99.1 and incorporated by reference herein.
FARMINGDALE, N.Y. -- (BUSINESS WIRE) -- July 2, 1999 -- UNIVEC, Inc. (OTC:
"UNVC"
announced that it was delisted from the Nasdaq SmallCap Market effective with the close of business June 30, 1999.
Although the Company believed it established its compliance with the continued listing requirements, a Nasdaq hearing panel was of the opinion that the Company failed to present a definitive plan which would enable it to sustain compliance over the long term. The Company intends to appeal the panel's decision to the Nasdaq Review Council. Trading in the Company's securities will now be conducted in the over-the-counter market in the so-called "pink sheets" or, on application by broker-dealers, in the NASD's Electronic Bulletin Board.
Joel Schoenfeld, UNIVEC's Chief Executive Officer, said, "This is obviously disappointing to us, coming at a time when we appear to be at a turning point with significant increases in orders and the Company having recently arranged for additional working capital."
Where in this was David Dalton mentioned he never became involved until...Dr. David Dalton has served as President and Chief Executive Officer of Univec, Inc. since January 1, 2002,
Quote:
Doc has never taken a salary paycheck, not even when Univec was on the Nasdaq, he always deferred his salary.
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Doc is not getting any younger either and he wants back on the Nasdaq
On July 2, 1999, the Registrant announced that it was delisted from the Nasdaq Small Cap Market in a press release, which is attached as Exhibit 99.1 and incorporated by reference herein.
FARMINGDALE, N.Y. -- (BUSINESS WIRE) -- July 2, 1999 -- UNIVEC, Inc. (OTC:
"UNVC"
announced that it was delisted from the Nasdaq SmallCap Market effective with the close of business June 30, 1999. Although the Company believed it established its compliance with the continued listing requirements, a Nasdaq hearing panel was of the opinion that the Company failed to present a definitive plan which would enable it to sustain compliance over the long term. The Company intends to appeal the panel's decision to the Nasdaq Review Council. Trading in the Company's securities will now be conducted in the over-the-counter market in the so-called "pink sheets" or, on application by broker-dealers, in the NASD's Electronic Bulletin Board.
Joel Schoenfeld, UNIVEC's Chief Executive Officer, said, "This is obviously disappointing to us, coming at a time when we appear to be at a turning point with significant increases in orders and the Company having recently arranged for additional working capital."
Where in this was David Dalton mentioned he never became involved until...Dr. David Dalton has served as President and Chief Executive Officer of Univec, Inc. since January 1, 2002,
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