iGo to delist from Nasdaq, to trade on Pink Sheets

|By:, SA News Editor

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.