Clearwater clean tech company fights delisting
Taronis Technologies Inc. (Nasdaq: TRNX) said it will request a hearing before Nasdaq to prevent the company's stock from being delisted. Nasdaq initially notified the Clearwater company, formerly MagneGas Corp., a year ago that it did not comply with the listing rules, because its stock had closed at less than $1 a share over the previous 30 business days. It still does not comply, according to a May 7 letter from Nasdaq. Taronis has until May 16 to appeal the decision and present a plan to regain compliance.