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SCO Receives Nasdaq Notice Letter

Apr 30, 2007, 15:30 (0 Talkback[s])

[ Thanks to Jerry Fass for this link. ]

"The SCO Group, Inc... today announced it has received a Nasdaq Staff Deficiency Letter on April 23, 2007 indicating that the Company fails to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4310(c)(4). The letter gives SCO notice that the Company's bid price of its common stock has closed under $1.00 for the last 30 business days.

"Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until October 22, 2007, to regain compliance..."

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