Eastern European wine producer Asconi Corp. could be delisted from the American Stock Exchange. The company said yesterday that it will not be able to file its annual report for last year within the 15-day extension it had previously secured.

Asconi said it has not yet finished analysing comments made by the Securities and Exchange Commission regarding public disclosures the company made both in 2003 and earlier.

If the company's securities are delisted, they may be quoted in the Pink Sheets.