Submitted by Bob Burton on
Medialink Worldwide, the largest producer of fake news products such as video news releases (VNRs) and audio news releases (ANRs), reported that on April 20 it was notified by the Nasdaq Stock Market that shareholder equity in the company at the end of December 2008 was only $2,181,000 when the minimum requirement for listing on the exchange was $2,500,000. Nasdaq warned Medialink that it has until May 5, 2009 "to submit a plan to regain compliance." Medialink states that "upon review of Medialink's plan to regain compliance, the Nasdaq Stock Market may either grant an extension of time of no longer than 105 days to regain compliance or issue a notice of delisting."
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