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Quepasa Corporation Submits Plan to NASDAQ to Retain Compliance With Listing Requirements
Wednesday, April 22, 2009 8:22 AM


(Source: PRNewswire)trackingWEST PALM BEACH, Fla., April 22 /PRNewswire-FirstCall/ -- Quepasa Corporation (Nasdaq: QPSA), one of the largest, trilingual Latino online social networking communities, today announced that it has provided Nasdaq staff with a specific plan to achieve and sustain compliance with all listing requirements, including the timeframe for completion of the plan.

"We are encouraged by the plan we have submitted to Nasdaq to regain compliance with the marketplace rules and look forward to Nasdaq's response to our proposal," said John C. Abbott, CEO of Quepasa.

About Quepasa Corporation

Quepasa Corporation (NASDAQ: QPSA), headquartered in West Palm Beach, FL with offices in Los Angeles, CA; Sao Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, owns Quepasa.com (www.Quepasa.com), one of the world's largest, trilingual, Latino social networks. Quepasa.com is an authentic Latino community that provides fun, interactive, and easy to use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities.

Contact:

Mike Matte, Chief Financial Officer

Quepasa Corporation

(561) 491-4181

SOURCE Quepasa Corporation

Originally published by Quepasa Corporation.

(c) 2009 PRNewswire. Provided by ProQuest LLC. All rights Reserved.

A service of YellowBrix, Inc.



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