Ready Mix (AMEX:RMX)
Historical Stock Chart
3 Years : From May 2010 to May 2013
RMX HOLDINGS, INC. (NYSE Amex: RMX) announced today that
effective as of August 12, 2010, the Company’s common stock will be
traded on the over-the-counter securities market under the trading
symbol RDMX. Information regarding the listing of the Company’s common
stock on the over-the-counter securities market can be found at http://www.otcmarkets.com/stock/RDMX/quote.
As previously announced on April 30, 2010, the Company received a staff
determination letter (the “Staff Determination”) from NYSE Amex LLC (the
“Exchange”) indicating that the Company no longer complied with the
requirements for continued listing set forth in NYSE Amex LLC Company
Guide Section 1003(c)(i) as a result of the sale of substantially all of
the Company’s assets to Skanon Investments, Inc., as previously reported
by the Company on a Form 8-K filed on April 5, 2010, and that shares of
the Company’s common stock were, therefore, subject to being delisted
from the Exchange. The Company did not appeal the Staff Determination.
On August 11, 2010 the Exchange submitted an application to the
Securities and Exchange Commission to strike the Company’s common stock
from listing and registration on the Exchange in accordance with Section
12 of the Securities and Exchange Act of 1934 and the rules promulgated
thereunder.
About RMX Holdings, Inc.
The Company formerly provided ready-mix concrete products to the
construction industry since 1997, but has no active business operations
at this time. On April 1, 2010, the Company completed an asset sale for
substantially all of its assets.
Forward-Looking Statements
Statements regarding the evaluation of strategic options, any
transaction, including the timing or effects thereof, change in or
continuation of current business plan, increase in stockholder value, as
well as any other statements that are not historical facts in this press
release are forward-looking statements. Such forward-looking
statements are based on current expectations and actual results or
future events may differ materially. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results of the Company or future
events to differ materially from those expressed in or underlying such
forward-looking statements, including without limitation: results
of the Board's evaluation of strategic alternatives; the ability to
obtain Board and stockholder approvals of any proposed transaction;
customary conditions to the closing of any proposed transaction;
national and local economic, business, real estate and other market
conditions; the competitive environment in which the Company operates;
the execution of the Company's business plan; financing risks;
acquisition and location development risks; potential environmental and
other liabilities; and other factors affecting the construction industry
generally. For further discussion of certain factors that could
affect outcomes, please refer to the "Risk Factors" section of the
Company's annual report on Form 10-K for the year ended December 31,
2009, and other subsequent filings by the Company with the Securities
and Exchange Commission. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those indicated. Except
as otherwise stated in this press release, the Company does not
undertake any obligation to publicly update or revise any
forward-looking statements because of new information, future events or
otherwise.
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