The high-tech NASDAQ stock market composite won't keep Metro Global Media off its trading board for very long - the missing information the composite wants from the adult filmmaker is nothing more drastic than its annual 10K filing with the Securities and Exchange Commission.
"We had not filed (Metro's 10K) timely," says Metro investment spokeswoman Jennifer St. Cyer. "It should be done by early next week."
St. Cyer also dismissed speculation that NASDAQ might consider discontinuing all trading of adult-oriented businesses. Metro and three others - LodgeNet, On Command, and New Frontier - trade on the NASDAQ composite, while Playboy Enterprises trades on the New York Stock Exchange.
"I don't see how NASDAQ could just pick companies and kick them off," she says. "Our halt on trading was purely for accounting reasons. I'm not quite sure how the rumors got started, but it would be really hard to just pick on one industry and say, that's it, no more trading for you."
