ChinaCast fails to file, delisting likely

Newly-appointed CFO to ChinaCast Education, Doug Woodrum, has had a torrid few months culminating in the delisting of the company shares on the Nasdaq.

By Dan Bland

May 14, 2012

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Troubled China education company Chinacast Education is likely to be delisted from the Nasdaq for being unable to file their annual reports for the year ending on December 31, 2011. The company has appealed the decision and a hearing will be made on June 28.

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