THQ Issued A Delisting Notice From NASDAQ

[Smacktalks]

Forbes is reporting that WWE’s video game partner THQ has been issued a delisting notice from NASDAQ due to their stock trading under the minimum of $1 for the past 30 days. They have 180 days to turn things around and start trading above a dollar for ten consecutive days or face being removed from the market.

There were rumors earlier this month that THQ was done for and they had canceled their 2014 lineup. The company issued a statement and said they had not canceled the lineup and had not made any decisions “regarding the planned MMO.”

Source: Forbes

[ALL STAR]

They have some releases that should bring in some money for the company like UFC 3 and Saints Row The Third sold, even with that it won't make much of a dent. I'm not sure what they can do but I can see THQ downscaling everything to be more efficient, possibly selling off some IP's or returning some lincenses.

I would say ditch Yukes as the WWE developer and replace them with the Allstars team.