Coal Investing News » New Oriental Energy & Chemical Corp. Responds to NASDAQ Request for Plan to Achieve Minimum Shareholder Equity Requirement

New Oriental Energy & Chemical Corp. Responds to NASDAQ Request for Plan to Achieve Minimum Shareholder Equity Requirement

September 2, 2010 @ 4:45 pm In Coal Company News

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a China-based specialty chemical and emerging coal-based alternative fuel manufacturer, reported that on Friday, August 27, 2010, the Company outlined in a letter to the NASDAQ Stock Market the steps it is undertaking to achieve compliance with NASDAQ's minimum shareholder equity requirement of $2,500,000.

The press release is quoted as saying:

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC) is an emerging coal-based alternative fuels and specialty chemical manufacturer based in Henan Province, in the PRC. The Company's core products are urea and other coal-based chemicals primarily utilized as fertilizers.

Click here to access the entire press release ^[1]
Click here to access New Oriental Energy & Chemical Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/New-Oriental-Energy-Chemical-Corp-Responds-NASDAQ-Request-Plan-Achieve-Minimum-Shareholder-NASDAQ-NOEC-1313084.htm

[2] Click here to access New Oriental Energy & Chemical Corporate Site: http://www.neworientalenergy.com