This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

26 Small-Cap Stocks in Danger of Delisting

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

China Electric Motor (CELM)

Company Profile: China Electric Motor sells micro motor products used in consumer electronics, cars, power tools, toys and household appliances.

Current Share Price: $2.91 (March 30)

Listing Violation: Delinquent. China Electric Motor failed to file its annual 10-K report with the SEC in a timely manner.

Received Nasdaq Notice: April 6

Management's Expected Action: On March 31, China Electric Motor delayed the filing of its annual report, citing "possible discrepancies concerning the company's banking statements that were very recently identified by the company's auditors."

The company's auditor, MaloneBailey, recently fired more than a third of its Chinese-company clients after allegedly discovering evidence of forged bank documents during the audits of most of those dismissed clients.

China Electric Motor said it had until April 21 to submit a plan to Nasdaq to secure an extension until Sept. 27 to regain compliance. The company said it is working with advisors to resolve issues discovered during the audit. At the same time, China Electric Motor also disclosed that the SEC has initiated a formal, nonpublic investigation into whether the company violated federal securities laws. China Electric Motor said it is committed to cooperating with the SEC.

Celsion (CLSN)

Company Profile: Celsion is an oncology drug-development company.

Current Share Price: $2.64 (April 26)

Listing Violation: Market value/equity/net income. Celsion does not comply with the minimum $35 million market value of listed securities requirement for continued listing on the Nasdaq.

Received Nasdaq Notice: April 6

Management's Expected Action: Celsion has until Oct. 3 to regain compliance with the listing requirement, which means the company's market value of listed securities must close at $35 million or more for a minimum of 10 consecutive trading days. Celsion said it is evaluating all possible means by which the company may regain sustained compliance with the rule.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
9 of 14

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
KEYP $0.01 -9.09%
STRZ $0.67 -2.90%
FFHL $0.92 7.02%
HPOL $2.03 0.00%
SOFO $6.48 -1.22%


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs