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Published on 2/17/2006 in the Prospect News Biotech Daily.

Cel-Sci says it's out of compliance with Amex listing rules after failing to file 10-Q

By Angela McDaniels

Seattle, Feb. 17 - Cel-Sci Corp. said it was unable to file its 10-Q report for the quarter ended Dec. 31 on time and is, therefore, not in compliance with the American Stock Exchange's listing requirements.

The company must submit a plan to the Amex by March 3 describing what actions it will take to file the 10-Q report no later than April 6, according to a company news release.

On Jan. 18, Cel-Sci announced that it would be unable to file its 10-K report for the year ended Sept. 30 by the Jan. 24 deadline.

The company submitted a plan to regain compliance to Amex on Feb. 7 and has until March 20 to file its 10-K report.

Cel-Sci is a pharmaceutical company with operations in Vienna, Va., and Baltimore that develops immune system-based treatments for cancer and infectious diseases.


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