Corporate Resource Services, Inc. (NASDAQ:CRRS), (the "Company" or,
"CRS"), a diversified technology, staffing, recruiting, and consulting
services firm, today reported that it had received a letter from The
NASDAQ Stock Market LLC ("NASDAQ") notifying it that because of its
August 20, 2014, filing of Form 10-Q for the period ending April 4,
2014, the company was compliant with Listing Rule 5810(b) and Rule
On August 27, CRS also received a letter from NASDAQ stating that it was
non-compliant with Listing Rule 5250(b) because the company had not
filed Form 10-Q for the period ending July 4, 2014. As previously stated
and conforming to the extension granted the Company by NASDAQ for
continued listin, the Company expects to file the Form 10-Q for the
period ended July 4, 2014, on or before September 29, 2014. This filing
will remedy the outstanding NASDAQ delinquencies.
Forward Looking Statements:
Certain information contained in this press release, particularly
information regarding completion of this offering, constitutes
forward-looking statements. Forward-looking statements are subject to
known and unknown risks and uncertainties, many of which may be beyond
our control. We caution you that the forward-looking information
presented in this press release is not a guarantee of future events, and
that actual events may differ materially from those made in or suggested
by the forward-looking information contained in this press release. In
addition, forward-looking statements generally can be identified by the
use of forward-looking terminology such as "may," "plan," "seek,"
"comfortable with," "will," "expect," "intend," "estimate,"
"anticipate," "believe" or "continue" or the negative thereof or
variations thereon or similar terminology. Any forward-looking
information presented herein is made only as of the date of this press
release, and we do not undertake any obligation to update or revise any
forward-looking information to reflect changes in assumptions, the
occurrence of unanticipated events, or otherwise.
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