$100 Million New Jersey Deli Company Hometown International Delisted From an Over-The-Counter Market
Hometown International's stock has soared over the past year, giving it a market capitalization of a $100 million or more — despite sales at its Paulsboro, N.J., deli of only about $35,000 combined in the past two years. The stock, which had traded as low as $4.75 per share last year, closed Wednesday on the OTCQB market at $13.07 per share, up 2.51% from the prior day. Cromwell Coulson, the CEO of OTC Markets Group, tweeted late Wednesday: "$HWIN Delisted from OTCQB for not complying with the rules and marked CE for public interest concerns." $HWIN Delisted from OTCQB for not complying wit...