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Delisting of Securities of SMF Energy Corporation, Qiao Xing Universal Resources, Inc., Pressure BioSciences, Inc., and Affirmative Insurance Holdings, Inc. From The NASDAQ Stock Market

Wednesday, June 13, 2012 4:05 PM


NEW YORK, June 13, 2012 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of SMF Energy Corporation. SMF Energy Corporation's stock was suspended on April 25, 2012 and has not traded on NASDAQ since that time.

NASDAQ also announced that it will delist the common stock of Qiao Xing Universal Resources, Inc. Qiao Xing Universal Resources, Inc.'s stock was suspended on May 10, 2012 and has not traded on NASDAQ since that time.

NASDAQ also announced that it will delist the common stock of Pressure BioSciences, Inc. Pressure BioSciences, Inc.'s stock was suspended on April 05, 2012 and has not traded on NASDAQ since that time.

Finally, NASDAQ announced that it will delist the common stock of Affirmative Insurance Holdings, Inc. Affirmative Insurance Holdings, Inc.'s stock was suspended on May 31, 2012 and has not traded on NASDAQ since that time.

NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies' securities are trading on another venue, please review the companies' public filings or contact the company directly.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site: http://www.cchwallstreet.com/NASDAQTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.

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(Source: PrimeZone )
(Source: Quotemedia)

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