PRNewswire-FirstCall -- Roberts Realty Investors, Inc. (
The staff of the Amex advised the company in the letter that the staff had determined not to apply at this time the continued listing evaluation and follow-up procedures specified in Section 1009 of the Amex Company Guide. The letter further noted, however, that because the company was not currently in compliance with the Amex continued listing standards, the letter constituted a "Warning Letter" pursuant to Section 1009(a)(i) of the Amex Company Guide and notice of failure to satisfy a continuing listed standard. The letter advised the company that failure to resolve the specified listing deficiency by November 17, 2008 would result in the staff assessing the company's continued listing eligibility, including the application of the continued listing evaluation and follow-up procedures specified in Section 1009 of the Amex Company Guide and/or initiation of delisting proceedings.
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