Raser Technologies (RZ) Headed Back To Minor Leagues

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08:49:39 pm on October 27, 2010

Raser Technologies (RZ) is headed to the minor leagues after trading below a buck for far too long.  The company tried to submit a business plan to the NYSE to try to buy more time, but the NYSE said not a chance and will suspend trading in RZ after November 2nd.  That means it will will trade over the counter beginning November 3rd and it will likely be a long time before they ever see a listing on a major exchange.  A new ticker for the OTCBB will be announced on Nov 2nd at which time the company will issue another press release noting the new ticker. 

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