Well, well, well, look what we have here. I haven’t mentioned SCO around these parts for a very long time bascially because all the news was the same. It was either SCO is screwed or SCO is really screwed. Well this news item is somewhat different because if this happens basically there are no more investors holding SCO above water.

The Lindon, Utah-based Unix company had already missed several deadlines. Its annual report was due 90 days after Oct. 31. SCO was granted an extension to Jan. 31, but it missed that deadline as well. As of Thursday morning, the company still has not filed.

SCO is expected to request a hearing on the delisting notice. If it does not, it will be delisted at the opening of business on Feb. 25. However, beginning Friday, Feb. 18, NASDAQ will add an “E” to the end of SCO’s trading symbol, making it SCOXE to warn investors that the stock is in danger of being taken off the market.

SCOXE.

We can definitely make that a verb. From now on any company that gets the dreaded ‘E’ will be considered SCOXE’ed. Patent pending.

Related posts:

NASDAQ Sends Dell, Novell Delisting Notices
Google Chooses Nasdaq
Adobe/Macromedia Deal Close to Complete
MS knew of disk-scratching danger on 360’s even before launch
Rob Zombie to Host Cult Movie Theater on TCM

Hope you like that post!

Forever Geek is a resource for all things geek. You can stay tuned by having the latest FG news delivered to you for free via RSS.