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Majesco Receives NASDAQ Delisting Warning

New Jersey-based publisher Majesco Entertainment has received a delisting warning from NASDAQ, reports IndustryGamers, as the company's common stock dipped below the $1.00 mark, which is the threshold for being listed on the world's largest stock exchange. Majesco now has 180 days to comply with NASDAQ standards, saying: "Compliance will be achieved if the bid price per share of the Company's common stock closes at $1.00 per share or greater for a minimum of 10 consecutive trading days prior to August 30, 2010."

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