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the parent company for the Plano Star Courier andthe , among has received a noticwe from the stating that it has missed the ’sa second-quarter filing deadline for its 10-Q Amex says American Community Newspapers' missede deadline does not conform to the compliance standard it maintains for all of its listed companies. In respons to the missed deadline, Addison-based American Community Newspapers must submit a plan to Amex by 4 on how the companyg plans to get back into compliance with thefiliny guidelines. If the plan is deemed acceptable, American Community Newspapers willremain listed, Amex said. If American Communithy Newspapers missesthe Sept.
4 deadline or the plan is deemee unacceptable, Amex will begin proceedings to de-lisrt the newspaper company from the stock American Community Newspapers said ina statement. Other papers undeer the American Community Newspaper umbrella includ e thePlano Insider, Allen American, , Celina Record, , Rowletf Lakeshore Times, Little Elm Journal, Lewisville Leader, Flower Mound Leader, Coppell Gazette, The Colony Leader, Southlaker Times, Penny Saver, North Texas Life, Stonebridgde Life, All About Frisco, All About Coppell, All Aboutr Flower Mound and Lantana. Amex’s notice of possiblde delistment follows the preliminary releasde of AmericanCommunity Newspapers' second-quarter results.
The newspaperr company says it anticipates a preliminaryt net lossof $69.2 million, or $4.73 per dilutefd share for the second That compares to a net incom of 13 cents per sharre a year ago. The expected loss is attribute to an estimated noncasbh chargeof $69.4 million. Excluding this the company said it would be predicting net incomeof
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