Business briefs

Advertiser Staff

Cyanotech put on Nasdaq alert

Big Island aquaculture company Cyanotech said yesterday it has 90 days to comply with the financial standards of the Nasdaq stock exchange or face de-listing.

Cyanotech has failed to make a quarterly profit for years, and its stock has steadily dropped since 2001.

If de-listed by Nasdaq, Cyanotech would continue trading, but as an over-the-counter stock not listed on the Nasdaq stock exchange.

Cyanotech was de-listed from the Nasdaq National Market exchange last fall after trading under $1 per share for an extended period. Nasdaq continued to trade the stock on its SmallCap Market exchange.

Equity capital session moves

The Fifth Annual Investors Choice International Equity Capital Conference moves to the Turtle Bay Resort on the North Shore of O'ahu on Sept. 30 and Oct. 1. Formerly held on Maui, the event is a chance for entrepreneurs to connect with potential investors.

Companies looking for investors should apply by June 30. For application information go to www.venturecapital.org/ici.