In a further effort to demonstrate the Company's commitment to future complianceI'm all for tarring Bush with anything that sticks, but it's a shame that the guy's likely to lose the SEC post over this.
with applicable Nasdaq listing requirements, the Company's Board of Directors
has formed a special committee of its independent directors, called the Nasdaq
Compliance Committee. This Committee will review all future corporate
transactions to assure their compliance with Nasdaq listing requirements. For
assistance in this regard, the Committee has retained Harvey L. Pitt, former
General Counsel of the Securities and Exchange Commission, and now a partner at
the law firm of Fried, Frank, Harris, Shriver & Jacobson in Washington, D.C. In
addition, the Company has resolved to consult with the staff of the Nasdaq Stock
Market, Inc. in the event that the Company proposes to act contrary to the
advice of the Special Committee's legal counsel on any of these matters.
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posted by gimli at 2:54 PM on May 12, 2001