Elephant Talk Communications Corp. (NYSE MKT: ETAK) has received a determination of acceptance from NYSE MKT LLC for its plan of compliance, as amended, and granted the company a conditional plan period through December 31, 2016, the company said.
On September 7, 2016, the company received a notice from the exchange indicating that the company is not currently in compliance with the exchange´s continued listing standards as set forth in Section 1003(a)(ii) of the NYSE MKT company guide. The exchange also informed the Company that it had reviewed the Company´s August 19, 2016 plan of compliance, as amended, and determined to accept the plan and grant a conditional plan period through December 31, 2016.
Elephant Talk Communications Corp. and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities. Elephant Talk offers fully managed single sign on and application access Software as a Service (SaaS), Platform as a Service and Infrastructure as a Service (IaaS) applications designed for communications services providers and enterprises.