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IEAM Industrial Enterprises of America Inc (CE)

0.000001
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Industrial Enterprises of America Inc (CE) USOTC:IEAM OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Industrial Enterprises OF America, Inc. - Current report filing (8-K)

22/02/2008 11:02am

Edgar (US Regulatory)



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): February 15, 2008
 

Industrial Enterprises of America, Inc.
(Exact name of registrant as specified in its charter)
 

         
Nevada
 
001-32881
 
13-3963499
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
651 Holiday Drive, Suite 300, Pittsburgh, Pennsylvania 15220
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (412) 928-2056
 
711 Third Avenue, Suite 1505, New York, New York 10017
(Former name or former address, if changed since last report)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


Item 3.01.  Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On February 15, 2008, Industrial Enterprises of America, Inc. (the “Company”) received a notice from the Nasdaq Stock Market (“Nasdaq”) that it has determined to delist the Company’s securities from The Nasdaq Stock Market, and will suspend trading in the Company’s shares on the Nasdaq Capital Market effective at the open of business on Wednesday, February 20, 2008.  Nasdaq’s decision was rendered following a hearing held before the Nasdaq Hearings Panel (the “Panel”) on November 29, 2007.   Nasdaq stated in the notice that the reason for the determination was that Nasdaq had not received the Company’s Annual Report on Form 10-KSB for the year ended June 30, 2007, and its Form 10-QSB for the quarter ended September 30, 2007, as required by Marketplace Rule 4310(c)(14). 
 
As permitted by the Nasdaq notice, the Company may request that the Nasdaq Listing and Hearing Review Council review the decision.  The Company is considering whether to request a review of the decision.  The Company’s request for review must be made in writing and received by the Office of Appeals and Review within 15 days from the date of the decision.


              A copy of the press release with respect to this matter is attached as Exhibit 99.1 hereto and is incorporated herein by reference .

Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits.

Exhibit No.                        Description
 


 
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

Industrial Enterprises of America, Inc.
(Registrant)

February 21, 2008
By:    /s/ James Margulies
James Margulies
Chief Executive Officer

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