http://orbitintl.com/newspops/news6.html
Austin-based Stratus has so far failed to file its 2008 annual reportand most-recent quarterly reportsx with the Securities Exchange Commission. The real estate company has said it's attemptingv to resolve some accounting errors andis "working to file its reports. But Nasdaq listing rulesz require timely filing of financials and the exchange has sent Stratus severaol notices citingits noncompliance. Stratuas (Nasdaq: STRS) has requested a hearing on its pending delisting, which delayed the action until June 8. But the companyu has now received a further extensiobn untilJune 25. Shares of Stratus were tradinbgat $7.
59 on Wednesday up slightly from the stock's closing price on Tuesday. The shares have tradesd in the rangeof $4.52 to $30.75 over the last 52 Stratus is a real estate management and development company. It's currentlyt steering the development ofthe downtown.
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