Want to Promote Your Product to Radio and the Music Industry? Hit
Lanham-based Radio One gets two weeks’ grace from Nasdaq, which extends its suspension of the rules requiring a $1 minimum closing bid price through the end of July. Radio One closed Thursday at 55-cents, and it hasn’t closed over a buck since late April. According to Tom Taylor at Radio-Info, Radio One’s got a couple of interesting dates coming up – like its annual shareholder meeting on September 17 in Greenbelt. Taylor says: “Last year’s confab was an uneasy stew of puzzled and unhappy longtime shareholders and people who questioned the money the board recently gave to founder Cathy Hughes and CEO Alfred Liggins. It was bad PR and bad timing and led to some awkward moments.” Locally, Radio One owns WKYS, WMMJ, WWIN, WOL, WOLB, WERQ, WPRS, and WYCB…..
Slumping Radio One Stock Gets Nasdaq Extension
– July 18, 2009Posted in: URBAN Radio
