Longfin said it received a Nasdaq delisting notice because it didn’t file its quarterly report on time The company said Tuesday that it’s being suspended by Nasdaq on April 12 pursuant to a rule that gives the exchange operator the power to boot firms with histories of misconduct The agency had also been investigating the New York-based company’s acquisition of Ziddu.com As for Long Blockchain, Nasdaq had threatened to delist it in October — before the name change — because its market value was too low A visual representation of the digital cryptocurrency Bitcoin.JACK GUEZ/AFP/Getty ImagesLike many other obscure companies, Long Blockchain Corp and Longfin Corp changed their names last year to orient themselves toward the cryptocurrency or blockchain business, realizing nomenclature was a viable way to add shareholder value.That was the time when bitcoin prices skyrocketed by 1,700 percent. But fast forward to 2018, bitcoin prices are crashing and so are the dreams of these once-surging crypto stocks.Does that mean investors’ mania for cryptocurrencies and their underlying technology is fading?To answer that, lets take a look at the factors that could lead to potential delisting of Long Blockchain Corp and Longfin Corp shares:Long Blockchain was already facing potential delisting in December when it shifted its focus from iced tea to crypto, according to a Bloomberg report Longfin is already in trouble with the U.S. Securities and Exchange Commission after the regulator claimed that the company made gains from sales of Longfin Corp shares through illegal trades by insiders, Bloomberg reported With bitcoin prices on a decline, the party seems to be coming to an end for many of the stocks, which have lost value in recent months
boingA Boeing 737-800 aircraft was added to the fleet of Biman Bangladesh Airlines on Thursday.The aircraft, brought on lease from Kuwait’s Alfaco arrived at Dhaka airport around 3:25am, said Biman General Manager (Public Relations) Shakil Meraj.With the latest addition, the number of aircraft in Biman fleet reached 16.Next month, a sixth Boeing 737-800 aircraft is scheduled to be added to Biman fleet while two Boeing Dreamliner 787 will be added in July and September.Currently, Biman operates on 16 international and domestic routes. It carried 26 lakh passengers it the last fiscal year.
House approves projects across the state State Rep. Gary Glenn today announced a Midland park project will be funded as part of a bill recently approved by the House that recommends funding recreational improvements across the state.Glenn, of Midland, said the Michigan Natural Resources Trust Fund uses dedicated money to fund land acquisitions and development of parks, trails and other recreational facilities across the state. The projects are paid for by a combination of Trust Fund money from gas and oil leases and local matching funds.Glenn said the local project is development of the Emerson Park River Overlook and River Walk. It involves development of 325 feet of publicly owned waterfront on the Tittabawassee River within Emerson Park. The project repurposes an abandoned water intake pump station into a two-story river overlook area, and will include a fishing dock, floating water access dock, boardwalk along the river’s edge, gathering plaza, riverfront park areas and new parking lot. The project also includes removal of invasive exotic plant species from the riverbank, opening up vistas to the river. Emerson Park will serve as a rest stop along the 30-mile long Midland County Pere Marquette“I am very pleased to see this funding – which includes no state taxpayer money – being used to enhance our already outstanding natural resources in Midland County,” Glenn said. “Not only will this provide recreational opportunities for local families, it will also bring visitors to the area and help grow our local economies.”The funding is comprised of revenue from the lease of state land and is designated on an annual basis in partnership with local governments for the projects.The bill now goes to the Senate for consideration.#####The bill is Senate Bill 76. 20Jun Rep. Glenn votes for local recreation development Categories: Glenn News,News
Aleks HabdankUK service provider TalkTalk has renewed its deal with Sky to distribute premium content.The new multi-year agreement will give TalkTalk TV customers continued access to Sky entertainment channels including Sky 1 and Sky Living. In addition, TalkTalk will continue to offer live and on-demand content from Sky Sports, Sky Cinema, and pay-per-view service Sky Box Office.The deal with Sky follows a significant expansion of TalkTalk’s TV offering with the lakunch of new non-linear services and a deal to carry BT Sport channels.TalkTalk launched multiscreen pay-as-you-go movies and TV service TalkTalk Store following its acquisition of Blinkbox. The service offers the ability to stream, rent and buy-to-own series box-sets and movies.TalkTalk said it plans to upgrade its Youview set-top boxes later this year to offer a more personalized TV service.“This deal is an unequivocal demonstration of TalkTalk’s continued commitment to TV. Our service is going from strength to strength and our ambition to be the UK’s best value for money TV provider – offering customers flexible access to the widest range of free and paid for content – is firmly on track,” said Aleks Habdank, managing director, TalkTalk TV.“Our investment in YouView, our app-based service, and securing some to the best content available is incredibly valued by our customers. TV continues to be a driving force for growth and customer loyalty and remains a priority for our business.”Mark Winterbottom, Business Development Director at Sky, said: “We are delighted to be able to build on our partnership with TalkTalk. This deal enables its customers to enjoy the quality and breadth of Sky’s content for years to come, and demonstrates our ongoing commitment to broad distribution.”
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