NASDAQ Issues Noncompliance Notice to Amerityre Corporation (AMTY)

Amerityre Corporation (Nasdaq: AMTY) received a deficiency letter from the Nasdaq Stock for not maintaining minimum stock value for 30 consecutive business days.

The closing bid price of its common stock was below $1.00 for 30 consecutive business days The company has a grace period of 180 calendar days, or until March 15, 2010, to regain compliance with this requirement.