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By TIFFANY MONTGOMERY
Orange 21 Inc.’s stock will now longer be traded on the NASDAQ Capital Market because of its continued below-$1 share price.
NASDAQ said it will delist the stock on March 25.
Orange 21, the parent company of Spy Optics, said it does not plan to appeal the ruling and expects it stock will now trade on the Pink Sheets and the OTC Bulletin Board.