Asconi Corporation has said that it has received notice from the American Stock Exchange (AMEX) that its securities have been delisted from the exchange because of non-compliance.

The US-based Eastern European drinks group said the de-listing had occurred because of its failure to file the quarterly report on Form 10-QSB for the fiscal quarter to 30 June.

According to the notification from AMEX, the company has until 4 October to appeal, which Asconi said it intends to do.