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Wednesday, February 14, 2007

EAG Set To Fight De-Listing

After receiving the bad news recently that the AMEX had rejected its plan to regain compliance and remain on the exchange, Eagle Broadband (AMEX: EAG)feels that the battle has just begun.

One stipulation of the AMEX rejection was that EAG would become de-listed if it did not request a hearing in front of the AMEX panel.

Eagle is indeed requesting a hearing and seems optimistic of its future results. Commenting on the situation CEO Dave Micek Stated "We look forward to meeting with the panel and presenting our updated plan".

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