SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 19, 2005 (August 16, 2005)
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CNE Group, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-9224 56-2346563
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
255 West 36th Street, Suite 800
New York, New York 10018
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(Address of Principal Executive Offices) (Zip Code)
212-300-2112
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Registrant's telephone number, including area code
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
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Standard: Transfer of Listing
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On June 13, 2005, CNE Group, Inc. (the "Company" or "CNE") received notice from
the American Stock Exchange ("AMEX") Staff ("Staff") informing it that the Staff
had determined to recommend that CNE's common stock be delisted from trading on
the AMEX because CNE had ceased to satisfy certain maintenance listing
requirements.
In accordance with Sections 1203 and 1009(d) of the Company Guide, the Company
requested an oral hearing to appeal the Staff's determination. Such oral hearing
was held on August 8, 2005. On August 16, 2005, the Company received a letter
from AMEX informing it that the Hearing Panel had confirmed the Staff's
recommendation that the Company's common stock be delisted from the AMEX.
The Company common stock on AMEX will cease trading on the AMEX at the close of
business on or about August 22, 2005. The Company has commenced actions required
to permit trading of its common stock on the OTCBB.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CNE GROUP, INC.
Date: August 19, 2005 By: /S/Anthony S. Conigliaro
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Anthony S. Conigliaro,
Chief Financial Officer
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