Schick Technologies
This article was originally published in The Gray Sheet
Executive Summary
Nasdaq delisting notice is received by the maker of digital radiographic imaging systems for the dental and medical markets based on its inability to timely file its form 10-K annual report for the fiscal year ended March 31 and other factors. A review of the decision will be requested. PricewaterhouseCoopers resigned Aug. 25 as the firm's independent auditor and Schick subsequently retained Grant Thornton LLP as a replacement. At the time of PWC's resignation, the company accounting firm had not yet completed its year-end audit of the company's financial statements. Consulting firm Zolfo Cooper, LLC also has been retained to advise the firm on its profit and cost structure strategies