According to the Nasdaq complies with THQ again to the terms and conditions, which the quoted share may remain at the technology fair. By merging, the share of ten working days in succession a course had more than a dollar.
With the approval of the Nasdaq gets publisher THQ some air. The technology fair gave the ailing publisher in January, a warning. The Nasdaq threatened the share to be deleted because it is already more than a month for less was recorded than a dollar, which is the lower limit that the stock exchange operates. THQ has received from Nasdaq a 180-day to the value of the share on the screws.
That period is now expired and THQ seems to be just on time to the terms and conditions of the Nasdaq met. The Nasdaq has announced that the quoted share may remain because the ten consecutive trading days a stock price has had more than a dollar. There was a reverse stock split as necessary. THQ made the beginning of this month announced that each ten shares would merge into one new, what are the total number reduced from 68.5 million to 6.9 million shares, which value more than higher than a dollar came out.
The publisher announces also the appointment of Ron Moravek. The co-founder of Relic Entertainment, is executive vice president, internal promotion, because THQ bought Relic in 2004. The appointment is part of a major reorganisation. In may departed director Danny Bilson, after the company’s 240 employees, had to dismiss. He was replaced by Jason Rubin, come from developer Naughty Dog. The publisher was also known to want going to focus on ‘hardcore games’. THQ remains so stick to series like Metro, Company of Heroes, Saints Row, Darksiders, inSANE and Homefront, while games based on Disney/Pixar movies deleted will be. The publisher also stops with the sales of the uDraw graphics tablet.