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EX-99.1 - EXHIBIT - Inuvo, Inc.exhibit991.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 
FORM 8-K
 
 
CURRENT REPORT
 
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported)     April 16, 2014
 

INUVO, INC.
(Exact name of registrant as specified in its charter)


Nevada
001-32442
87-0450450
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)


1111 Main St., Suite 201, Conway AR
72032
(Address of principal executive offices)
(Zip Code)

Registrant's telephone number, including area code
855-440-8484

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¬
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 







ITEM 3.01 NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING

On April 16, 2014, the NYSE MKT notified the Company that it had been granted an extension until May 30, 2014 to regain compliance with NYSE MKT continued listings standards.  The Company had previously presented its plan of compliance to the NYSE MKT on December 31, 2012 in response to a notice, dated November 30, 2012, that the Company was below certain of the NYSE MKT continued listing standards, as set forth in Section 1003(a)(iii) of the NYSE MKT Company Guide, due to stockholders' equity of less than $6,000,000 and net losses in its five most recent fiscal years. On February 15, 2013, the NYSE MKT notified the Company that it accepted the Company’s plan of compliance and granted the Company an extension until December 2, 2013, which was subsequently extended to April 24, 2014, to regain compliance with the NYSE MKT continued listing standards.  The Company will be subject to periodic review by NYSE MKT staff during the extension period.  Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by the end of the extension period could result in the Company being delisted from the NYSE MKT.
 
ITEM 7.01 REGULATION FD DISCLOSURE.

On April 22, 2014 Inuvo, Inc. issued a press release announcing that the NYSE MKT had granted an extension until May 30, 2014 to regain compliance with NYSE MKT listing standards.  A copy of the Company’s press release is being furnished herewith as Exhibit 99.1.
 
Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 7.01 of Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of Inuvo, Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
 
(d)           Exhibits.

Exhibit No.
 
Description
 
 
 
99.1
 
Press release dated April 22, 2014, titled “INUVO, Inc. Announces Extension of Plan of Compliance Period by NYSE MKT”.
 
 
 















  






SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
INUVO, INC.
 
 
Date:  April 22, 2014
By:
/s/ John B. Pisaris
 
 
         John B. Pisaris, General Counsel
 
 


 
 
EXHIBIT INDEX
 

99.1
 
Press release dated April 22, 2014, titled “INUVO, Inc. Announces Extension of Plan of Compliance Period by NYSE MKT”.