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Bell Micro reassures channel after NASDAQ delisting
Andrew Wooden Mar 20 2008, 10:35am
Distributor�s European boss insists its business as usual, following stock exchange turmoil
After being delisted from the NASDAQ stock exchange for not submitting accounts on time, Distributor Bell Micro claims operations will continue as usual in the UK and Europe.
Apparently, the firm has obtained wavers from major lenders for audited financial statements, and its common stock will be quoted on the Pink Sheet Electronic Quotation Service, reported CRN.
“Our suppliers have given us their full support and we have no constriction of credit with them and our customers should see no change whatsoever as a result of this,” said Graeme Watt, president of Bell Micro Europe. “From a UK and Europe perspective we are operating on a business as usual basis.”
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