UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (or Date of Earliest Event Reported): May 6, 2005
Trinsic, Inc.
| Delaware (State or Other Jurisdiction of Incorporation or Organization) |
000-28467 (Commission File Number) |
59-3501119 (I.R.S. Employer Identification Number) |
601 South Harbour Island Boulevard, Suite 220
Tampa, Florida 33602
(Address of Principal Executive Offices)
(813) 273-6261
(Telephone Number, Including Area Code)
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):
o 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 Failure to Satisfy a Continued Listing Rule | ||||||||
| SIGNATURE | ||||||||
Section 3 – Securities and Trading Markets
Item 3.01 Notice of Failure to Satisfy a Continued Listing Rule
By letter dated May 6, 2005, The Nasdaq Stock Market, Inc. has notified us that the market value of our common stock remains below the minimum of $35 million required by Marketplace Rule 4310(c)(2)(B)(ii) and accordingly our shares will be delisted from the Nasdaq SmallCap Market at the opening of business on May 17, 2005. We intend to appeal the decision. An appeal will stay the delisting pending a hearing before a hearing panel. At the hearing we will be required to provide a definitive plan for regaining compliance. We have no definitive plan at this time.
SIGNATURE
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, thereunto duly authorized.
Dated: May 6, 2005.
| TRINSIC, INC. |
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| BY: | /s/ Horace J. Davis, III | |||
| Name: | Horace J. Davis, III | |||
| Title: | Chief Executive Officer | |||
A signed original of this Form 8-K has been provided to Trinsic, Inc. and will be retained by Trinsic, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.