PainCare Holdings, Inc. (AMEX:PRZ) is the provider of pain-focused medical and surgical solutions in the United States and Canada. Although the business plan seems to be very serious, the company violated Securities and Exchange Commission rules by failing to file its required financial reports on time. For this reason, it is to be delisted from Amex and move to the Pink Sheets on or about May 29. At the same time, it will announce a new stock symbol.

This entry was posted on Thursday, May 15th, 2008 at 4:10 pm and is filed under Pending Demotions.