Dalian: Andatee China Marine Fuel Service Corporation is facing difficult times, and has received delisting warnings from Nasdaq due to the company not meeting the requirements in terms of share stock price and market value. The company has 180 days until 10 June 2013 to meet Nasdaq requirements.
Headquartered in Dalian, Andatee China Marine Fuel Service provides ship fuel bunkering and trading services for over 10 years.
Andatee shares are currently trading at 57c, down from an all-time high of $7.90 in March 2010.[20/12/12]
