Emvelco Corp. Regains NASDAQ Compliance

Thu Feb 14, 2008 9:57pm EST
 
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LOS ANGELES--(Business Wire)--
On February 11, 2008, Emvelco Corp. (NASDAQ:EMVL) was notified by
the NASDAQ Staff that it has regained compliance with Marketplace Rule
5310(c)(4) since the closing bid price of the Company's common stock
has been at $1.00 per share or greater for at least 10 consecutive
business days. The matter is now closed.

   This press release contains forward-looking statements that
involve risks and uncertainties. The statements in this release are
forward-looking statements that are made pursuant to safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which
may cause Emvelco Corp.'s actual results in future periods to differ
materially from results expressed or implied by forward-looking
statements. These risks and uncertainties include, among other things,
product demand and market competition. You should independently
investigate and fully understand all risks before making investment
decisions.

for Emvelco Corp.
Robin Ann Gorelick, 310-860-5644

Copyright Business Wire 2008

 

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