-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QuG+aMLPXBNqdt0HC2qq2cxrxgjVbIhOQN1y6q4vCD0dR94Cot4udQwADz4CbFnV LOyEUExj/a41uKUyUtblkw== 0001354457-08-000310.txt : 20081107 0001354457-08-000310.hdr.sgml : 20081107 20081107110736 ACCESSION NUMBER: 0001354457-08-000310 CONFORMED SUBMISSION TYPE: 25-NSE CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081107 DATE AS OF CHANGE: 20081107 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFICNET INC CENTRAL INDEX KEY: 0000815017 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 912118007 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE SEC ACT: 1934 Act SEC FILE NUMBER: 000-24985 BUSINESS ADDRESS: STREET 1: 860 BLUE GENTIAN ROAD STREET 2: SUITE 360 CITY: EAGAN STATE: MN ZIP: 55121-1575 BUSINESS PHONE: 6512093100 X101 MAIL ADDRESS: STREET 1: 860 BLUE GENTIAN ROAD STREET 2: SUITE 360 CITY: EAGAN STATE: MN ZIP: 55121-1575 FORMER COMPANY: FORMER CONFORMED NAME: PACIFICNET COM INC DATE OF NAME CHANGE: 20000822 FORMER COMPANY: FORMER CONFORMED NAME: CREATIVE MASTER INTERNATIONAL INC DATE OF NAME CHANGE: 19980508 FORMER COMPANY: FORMER CONFORMED NAME: DAVIN ENTERPRISES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NASDAQ Stock Market LLC CENTRAL INDEX KEY: 0001354457 IRS NUMBER: 521165937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE BUSINESS ADDRESS: STREET 1: 9600 BLACKWELL RD CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301-978-4144 MAIL ADDRESS: STREET 1: 9600 BLACKWELL RD CITY: ROCKVILLE STATE: MD ZIP: 20850 25-NSE 1 primary_doc.xml X0203 0001354457 NASDAQ Stock Market LLC 0000815017 PACIFICNET INC 000-24985

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86-10-59225000 Common stock 17 CFR 240.12d2-2(b) Amy Horton Associate General Counsel 2008-11-07 EX-99.25 2 pactdelistreason.txt Delisting Determination, The Nasdaq Stock Market, LLC, November 7, 2008, PacificNet, Inc.. The Nasdaq Stock Market, LLC (the Exchange) has determined to remove from listing the common stock of PacificNet, Inc. (the Company), effective at the open of business on November 17, 2008. Based on a review of information provided by the Company, Nasdaq Staff determined that the Company no longer qualified for listing on the Exchange as it failed to comply with Marketplace Rule 4310(c)(14). The Company was notified of the Staffs determination on April 16, 2008. On April 22, 2008, the Company excercised its right to appeal the Exchange Staffs determination to the Listing Qualifications Hearings Panel (Panel) pursuant to Marketplace Rule 4805. Upon review of the information provided by the Company, the Panel determined to suspend and delist the Companys securities. On June 30, 2008, the Panel issued a decision to suspend and delist the Companys securities, effective at the open of trading July 2, 2008. On July 1, 2008, the Panel issued a decision to suspend and delist the Companys securities effective July 3, 2008, which superceded the June 30, 2008 decision. Also on July 1, 2008, the Company exercised its right to request the Panel reconsider the July 1, 2008 decision pursuant to Rule 4808. The Companys securities were suspended from trading on the Exchange at the open of trading on July 3, 2008. On July 9, 2008, the Panel issued a decision that affirmed the July 1, 2008 Panel decision to delist the Companys securities. On July 15, 2008, the Company excercised its right to appeal the Panel decision to the Nasdaq Listing and Hearing Review Council (Council), pursuant to Marketplace Rule 4807(a). After considering the written record in this matter, the Council determined to affirm the Panels decision to delist the Companys securities. On October 2, 2008, the Council notified the Company of its decision. On October 28, 2008, the Nasdaq Board of Directors (the Board) declined to call for review the Council decision and the delisting determination became final. -----END PRIVACY-ENHANCED MESSAGE-----