Stock delisted, moved to bulletin board
Wednesday, Nov. 3, 1999 | 10:24 a.m.
On Stage Entertainment Inc. has been delisted from the NASDAQ SmallCap exchange, the Las Vegas company announced today.
NASDAQ requires all listed companies to maintain a share price above $1. On Stage's shares fell below the $1 level in June, and haven't returned to that price since. The company is now trading at 16 cents per share.
The company's shares have been listed on the OTC Bulletin Board, effective immediately, the company said.
On Stage is a theatrical production company. It operates live theaters and dinner theaters across the world and the Legends in Concert show at the Imperial Palace hotel-casino.
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