One Of My Investments Acquired an 'E' at the end of their stock symbol,ITEK.OB is now ITEKE.OB What's the deal

http://finance.yahoo.com/q?s=ITEKE.OB

Anybody know what this means when an OTC investment does this... I've e-mailed IMMEDIATEK and no response as of yet.


10-points for whomever correctly explains what this means for this penny stock investment I own.

Disclosure 12,000 shares

Thanks,

Raidehz

Usually what that means for companies that are on regular exchanges is that they failed to file all the paperwork with SEC.
ITEK is also late so it filed NT K10 which is getting an extension to file the paperwork. To let the traders know that the company is late with paperwork letter E was added to the end of the tick.
In case with ITEK read this
http://www.pinksheets.com/quote/news.jsp...

Aleks

I hate to be the bearer of bad news, but when a ticker symbol changes it's usually not a good sign. Tickers of publicly traded companies generally only change for one of four reasons:
1. The company has merged with another company.
2. The company had a name change.
3. The company has been de-listed (indicated by symbols such as .PK, .OB or .OTCBB).
4. The company has filed financial statements late or even gone bankrupt.


Below is a complete list of fifth symbols on the Nasdaq and what they mean:

A - Class A
B - Class B
C - Issuer qualifications exceptions
D - New
E - Delinquent in required filings with the SEC
F - Foreign
G - First convertible bond
H - Second convertible bond
I - Third convertible bond
J - Voting
K - Nonvoting
L - Miscellaneous situations, such as depositary receipts, stubs, additional warrants and units
M - Fourth class of preferred shares
N - Third class preferred of preferred shares
O - Second class preferred of preferred shares
P - First class preferred of preferred shares
Q - Bankruptcy proceedings
R - Rights
S - Shares of beneficial interest
T - With warrants or with rights
U - Units
V 鈥?When issued and when distributed
W - Warrants
X - Mutual Fund
Y - ADR (American Depositary Receipt)
Z - Miscellaneous situations, such as depositary receipts, stubs, additional warrants and units