{"id":895,"date":"2007-08-14T13:44:52","date_gmt":"2007-08-14T19:44:52","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/08\/14\/how-usana-reports-its-nasdaq-delisting-letter\/"},"modified":"2013-01-10T11:43:50","modified_gmt":"2013-01-10T17:43:50","slug":"how-usana-reports-its-nasdaq-delisting-letter","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/how-usana-reports-its-nasdaq-delisting-letter\/","title":{"rendered":"How Usana Reports Its NASDAQ Delisting Letter"},"content":{"rendered":"<p>Reported to the public via a press release:<\/p>\n<blockquote><p>USANA Health Sciences Inc. (NASDAQ:<a href=\"http:\/\/finance.yahoo.com\/q?s=usna&amp;d=t\">USNA<\/a> &#8211; <a href=\"http:\/\/finance.yahoo.com\/q\/h?s=usna\">News<\/a>) today announced that the company has received an automated notice from the NASDAQ indicating that the Company&#8217;s recent quarterly report on form 10-Q is considered incomplete, because the financial information in the Form 10-Q was not reviewed by an independent auditor.<\/p><\/blockquote>\n<p>Reported to the SEC:<!--more--><\/p>\n<blockquote><p>On August 10, 2007, the Company received a Nasdaq Staff Determination letter indicating that the Company fails to comply with Marketplace Rule 4310(c)(14) for continued listing on The Nasdaq Stock Market. Rule 4310(c)(10) requires that a listed company file with Nasdaq all reports and other documents filed or required to be filed with the Securities and Exchange Commission.<\/p><\/blockquote>\n<p>Do you think saying they received an &#8220;automated notice&#8221; downplays the significance? Although it may be technically correct, do you think the press release deliberately attempts to downplay this event?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reported to the public via a press release: USANA Health Sciences Inc. (NASDAQ:USNA &#8211; News) today announced that the company has received an automated notice from the NASDAQ indicating that the Company&#8217;s recent quarterly report on form 10-Q is considered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[827,184],"tags":[],"class_list":["post-895","post","type-post","status-publish","format-standard","hentry","category-public-companies","category-pyramid-schemes-mlm"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-er","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=895"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}