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Genius Given Regulatory Warning

3 May, 2007 By: Erik Gruenwedel

The National Association of Securities Dealers (NASD) has warned Genius Products LLC it would be removed from stock trading unless it files its fiscal 2006 10-K annual report by May 18, according to a regulatory filing.

Until then, the securities ticker symbol for the Santa Monica, Calif.-based distributor 70% owned by The Weinstein Co. has been appended with a symbol by the NASD signifying the company's delinquent status.

In a statement, Genius CFO John Mueller said the filing delay was due to the complicated merger last year between Genius and TWC but that the company intended to file the 10-K form with the Securities and Exchange Commission in the next few days.

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