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Alseres Pharmaceuticals, Inc.
Alseres Shares Begin Trading on the Pink Sheets OTC Market
May 22nd, 2009
Alseres Pharmaceuticals, Inc. (Nasdaq: ALSE; Alseres) announced that effective on Friday, May 8, 2009 trading in its shares on the NASDAQ Capital Market will be suspended. Effective at the same time, Alseres common stock will be available for quotation on the Pink Sheets under the ticker ALSE. Alseres will also seek to have its common stock traded on the OTC bulletin board. "Given the ongoing financial crisis and limited access to capital for small cap companies, maintaining our listing on NASDAQ has required more and more of our resources, both financially and in terms of management focus," said Peter Savas, CEO of Alseres. "After careful consideration of the...
Source: Health Business Week (2009-05-22)
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