] LINDON, Utah, March 22 /PRNewswire-FirstCall/ -- The SCO ] Group, Inc. (Nasdaq: SCOXE - News) today issued the ] following information. The Company participated in a ] previously announced hearing with the Nasdaq Listing ] Qualifications Panel on March 17, 2005 regarding its ] possible delisting for its failure to file its Form 10-K ] for the fiscal year ended October 31, 2004 in a timely ] fashion as required under Marketplace Rule 4310(c)(14). ] The Company outlined for the Panel its plan for filing ] its delinquent Form 10-K. The Company also discussed its ] plan for filing the delinquent first quarter Form 10-Q ] with the Panel during the hearing. On March 18, 2005, the ] Company received a notice from the staff of The Nasdaq ] Stock Market regarding the Company's failure to comply ] with Nasdaq's requirement to file its Form 10-Q for the ] quarterly period ended January 31, 2005 in a timely ] fashion, as required under Marketplace Rule 4310(c)(14). The NASDAQ is now reviewing SCO (current ticker: SCOXE) and may decide to delist them. I find it very interesting that SCO is continuing to not release their financial statements. They may be very close to their demise. Their stock is currently down about 9% on the announcement. SCO possibly very close to delisting |