North American Technologies Group Inc., Houston, has received notice from The NASDAQ Stock Market granting a 180-day extension of time to regain compliance with the Marketplace Rule requiring a minimum bid price of $1 for continued listing on the NASDAQ Small Cap Market.
If, at any time before Jan. 21, 2005, the bid price of the company's common stock closes at $1 or more per share for a minimum of 10 consecutive business days, NATK will comply with the rule.
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