INX Announces NASDAQ Determination to Suspend Common Stock; Stock to Trade Over-the-Counter During the Suspension

INX INXI announced today that on April 12, 2011, the Company received written notice that the NASDAQ Listing Qualifications Panel (the “Panel”) has determined to suspend the Company's securities from The NASDAQ Stock Market, effective with the open of business on Thursday, April 14, 2011. As previously announced, the Company was required to become current in its Securities and Exchange Commission (the “SEC”) filing obligations by April 11, 2011, which date constituted the fullest extent of the Panel's discretion in this matter under the NASDAQ Listing Rules.
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