Seeking Alpha

iGo to delist from Nasdaq, to trade on Pink Sheets

  • iGo (IGOI) will delist its shares from the Nasdaq on or about Nov. 21. The company previously received a noncompliance letter from the exchange regarding its failure to meet the majority independent director and audit committee requirements.
  • iGo "no longer sees sufficient value in maintaining its listing on NASDAQ."
  • The company expects its stock to subsequently be quoted on the Pink Sheets.
  • Shares have plummeted 95% from highs reached at the beginning of 2011.
Comments (2)
  • Deja Vu
    , contributor
    Comments (1580) | Send Message
    wonder why when mapping seems to be the value driver for NOK, and even Goog. Apple seems dead in the water with its maps.


    I suppose iGo gets its mapping data from someone probably why it is not valuable.


    I like their maps, very nice product.
    13 Nov 2013, 09:32 AM Reply Like
  • hwyram
    , contributor
    Comments (4) | Send Message
    Igo has some very valuable products.. i see in stores that they do not get the exposure they need to sell thru. Igo execs need to visit these vendors and get the product refocused to the status it deserves. This company shd be flying off the roof with their line..
    29 Nov 2013, 02:46 PM Reply Like
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