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Glori Energy (OTC:GLRI) Stock, Option Chain

Glori Energy Inc is a development stage company.

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ASCENDANT RES INC ORD by Ascendant Resources Inc.

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ARTEMIS THERAPEUTICS INC by Artemis Therapeutics, Inc.

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Earnings Scheduled For March 23, 2016

Glori Energy Inc

On September 9, 2016, 2016, Glori Energy Inc. (the "Company") notified The Nasdaq Stock Market LLC ("Nasdaq") of its intent to file Form 25, Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended ("Exchange Act"), with the United States Securities and Exchange Commission ("SEC") to voluntarily delist its common stock from the Nasdaq Capital Market and deregister its common stock under Section 12(b) of the Exchange Act, which was approved by the Company's board of directors on September 8, 2016. The Company plans to file Form 25 with the SEC on or about September 19, 2016, as a result of which the Company expects its common stock will cease to be listed on Nasdaq on or about September 29, 2016. The Company intends to continue to file periodic reports on Forms 10-K, 10-Q and 8-K with the Securities and Exchange Commission pursuant to the requirements of Section 15(d) of the Exchange Act. The Company intends to apply to have its common stock traded on one of the OTC Market Group's trading systems.
As previously disclosed, on August 18, 2016, the Company received a deficiency letter (the "Notice") from Nasdaq indicating that the Company's stockholders' equity as of June 30, 2016 did not meet the minimum $2.5 million requirement of Listing Rule 5550(b)(1) that is necessary to maintain continued listing on the Nasdaq Capital Market. The Notice stated that the Company also did not, at that time, meet the market value of listed securities or net income from continuing operations standards that are alternatives to the stockholders' equity requirement. The Company was given 45 days from the date of the Notice to submit a plan to regain compliance. The Notice and the deficiencies identified therein are in addition to the Company's previously disclosed non-compliance with the minimum $1.00 bid price per share requirement under Listing Rule 5550(a)(2), which the Company initially reported on a Form 8-K filed with the Commission on October 23, 2015. The Company was given until October 17, 2016 to regain compliance with this requirement.
After considering a number of factors, including the likely expenses and uncertainty associated with seeking to regain compliance with or raise capital while subject to Nasdaq's Listing Rules and the ongoing costs of maintaining such compliance, the Company's Board of Directors unanimously determined to (i) voluntarily delist from the Nasdaq, (ii) deregister the Company's common stock under Section 12(b) of the Exchange Act, and (iii) take the actions necessary for the Company to be traded on one of the OTC Market Group trading systems.

Glori Energy to Voluntarily Delist from Nasdaq Capital Markets

Glori Energy Reports Q2 EPS $(0.10) vs $(0.15) in Same Qtr. Last Year, Adj. EPS $(0.07), Adj. EBITDA Loss $838K, Sales $1.2M

Management

Glori energy Names Kevin Guilbeau Interim CEO

Glori Energy Reports Q1 Adj. EPS $(0.07), Sale $1.2M

Glori Energy Q4 EPS ($0.14) vs ($0.11) est, Revenue $1.78B vs $2.90B est

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Concordia Healthcare Corp (NASDAQ: <a class="ticker" href="/stock/cxrx#NASDAQ">CXRX</a>) is projected to post its quarterly earnings at $1.32 per share on revenue of $166.60 million.
Eldorado Gold Corp (USA) (NYSE: <a class="ticker" href="/stock/ego#NYSE">EGO</a>) is estimated to post its quarterly earnings at $0.00 per share on revenue of $198.97 million.
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Glori Energy Inc (NASDAQ: <a class="ticker" href="/stock/glri#NASDAQ">GLRI</a>) is projected to post a quarterly loss at $0.11 per share on revenue of $2.90 million.
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Guidance

Glori Energy Says Reduced Personnel, Consolidated Office Space, Reducing Size of Board

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