Houston energy company struggles to maintain listing compliance

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Houston American Energy Corp. is struggling to maintain compliance with NYSE MKT LLC listing standards and has included a “going concern qualification” in its latest annual report. The company (NYSE MKT: HUSA) recently received another deficiency letter from the stock exchange that indicated shareholders’ equity was below sufficient levels, according to a release. On Dec. 31, the company reported about $2.86 million in shareholder equity. Houston American Energy noted in the release it has previously…


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