Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
By a letter dated August 27, 2014
, the Listing Qualifications Department
NASDAQ Stock Market LLC
("NASDAQ") advised Corporate Resource Services, Inc.
(the "Company") stating that it was non-compliant with Listing Rule 5250(b)
because the Company had not filed its Quarterly Report on Form 10-Q for the
period ending July 4, 2014
. As previously stated and conforming to the extension
granted the Company by NASDAQ for continued listing, the Company expects to file
the Form 10-Q for the quarterly period ended July 4, 2014
, on or before
September 29, 2014
. This filing, when made will remedy the outstanding NASDAQ
The Company had previously received a letter from NASDAQ notifying it that
because of its August 20, 2014
, filing of the Company's Form 10-Q for the period
ending April 4, 2014
, the Company was compliant with Listing Rule 5810(b) and
Item 7.01. Regulation FD Disclosure.
The Company issued a press release on August 29, 2014
, disclosing its receipt of
NASDAQ's notifications letters dated August 27, 2014
and August , 2014, as
disclosed under Item 3.01 above. A copy of the press release is attached as
Exhibit 99.1.The information set forth in this Item 7.01 of Form 8-K is
furnished pursuant to Item 7.01 and shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise subject to the liabilities of that section, nor shall such
information be deemed incorporated by reference in any filing.
Item 9.01. Financial Statements and Exhibits
99.1 Press release dated August 29, 2014