Axesstel, Inc. (AMEX: AFT) received notification from the American Stock Exchange (Amex) that it has approved the company's Listing Additional Shares application dated Nov. 13, 2007. Based upon the approval, Axesstel has resolved the continued listing deficiency referenced in Amex's Nov. 8, 2007 letter.
On Nov. 8, 2007, Axesstel received notification the company had failed to comply with AMEX procedures regarding the application for listing of additional securities as set forth in Section 301 of the AMEX Company Guide. The letter was issued pursuant to Section 1009(a)(i) of the Company Guide in connection with issuance of 325,000 shares of Axesstel's common stock to Centurion Credit Resources, LLC pursuant to the Securities Purchase Agreement between Axesstel and Centurion dated Oct. 30, 2007. Axesstel
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