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Home Industry Bullshit updates

Majesco may get booted off the stock market
9:40 AM on 08.29.2008, Jim Sterling 10 comments

Majesco may get booted off the stock market photo
     Industry Bullshit

Majesco is doing it wrong and the NASDAQ Stock Exchange knows all about it. The Cooking Mama publisher was today served an official warning for trading shares under $1.00. As per the rules, a company's shares can only be traded for under $1.00 for thirty days.

Majesco's thirty days are done, and if it doesn't get its prices up by February 2009, the company could get itself delisted from the stock market. If that occurs, Majesco will find trading shares a far more difficult process, and if it's in this deep, one would assume that extra difficulty is not welcome. 

Business is serious business.


Next page: More Majesco stories




B-Radicate's Avatar
B-Radicate at 08/29/2008 10:49
You're telling me Cooking Mama games can't support a company?
CypherVR's Avatar
CypherVR at 08/29/2008 11:12


^_^;;
CypherVR's Avatar
CypherVR at 08/29/2008 11:14
Gryzor's Avatar
Gryzor at 08/29/2008 12:55
People need to buy themselves more Blast Works to help rectify this situation..

Nanostray as well.
catsithx's Avatar
catsithx at 08/29/2008 13:31
Cypher VR: that is a funny as hell pic oh yeah I would buy that game with PS3 geroge Forman Gill add on for fun. Good times
MotoRobo's Avatar
MotoRobo at 08/29/2008 13:31
Didn't Majesco waste a million on a sweepstakes for Advent Rising instead of fixing the game and have a CEO who paid himself w/dummy-companies? Who owns the stock market?
TrailerParkJesus's Avatar
TrailerParkJesus at 08/29/2008 13:54
lolwtf cypher
Audio Video's Avatar
Audio Video at 08/29/2008 14:46
I don't know the exact terms, but I know that there is something in the stock market where they can split or join shares, where the new share(s) would have the same total value as the old share(s).

They're probably just being warned to join their shares to make them worth more than $1.00.
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