Cybertek Leaves WSE, Listing with ISE
On the heels of Countless Galaxies and Atlas Venture Capital Delisting from WSE, Cybertek has made a similar announcement. From the post:
After careful consideration about staying with the WSE, or leaving it to move to either AVIX or ISE, I have decided that I will be delisting Cybertek Enterpeises with the WSE and moving Cybertek Enterprises to the International Stock Exchange.
I have discussed this issue with the board members, and some of the larger stock holders since the hack, and again with the current situation of things not working at WSE.
I have recorded everyone's shares as of 9:30PM EST on 7/29/07. When you create an account with ISE your shres will be there for you.
I want to thank Luke and the WSE for the opportunity of listing my company. But must look to what is benificial to my investors.
While SLReports.net calls it an avalanche, I will not call 4 companies (including MDS, which was frozen as part of the 3.2 million Linden misappropriation of funds) moving from WSE to the International Stock Exchange an 'avalanche'. There are approximately 75 companies listed with WSE at this time (including those delisting), and 15 companies in IPO.
It will take a bit more for this to be an avalanche - but it is a strong signal to not only WSE but also AVIX: It's time to go to the mattresses.
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Actually, it was 12
Actually, it was 12 companies in one day that de-listed at WSE. Still not an "avalanche", but give it a few more days. Three more days at that rate, and almost half of the companies that were listed at the WSE are gone.
12?
I counted 90 including IPOs. I just counted 83.
If 83+12=90, that would explain much that has gone wrong in my life.