StockGuru Alert: ZAP (NYSE arca: ZP) – ZAP Shares to Remain Listed on NYSE Arca Exchange
ZAP (NYSE arca: ZP) ZAP Shares to Remain Listed on NYSE Arca Exchange SANTA ROSA, Calif.–(BUSINESS WIRE)–Aug. 29, 2006–ZAP (NYSE Arca: ZP) today reported that it has received a notice from NYSE staff advising the Company that it is not in compliance with NYSE Arca Equities, Inc. quantitative continued listing requirements set forth in Rule 5.5(h). Specifically, the Company is not in compliance with the $500,000 minimum total net tangible assets, or $2,000,000 minimum net worth, requirements. Pursuant to NYSE’s notice, to maintain its listing, ZAP must submit a plan outlining the steps the Company proposes to take to regain…