sec document
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
January 28, 2003
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Date of Report
(Date of earliest event reported)
Tidel Technologies, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-17288 75-2193593
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
5847 San Felipe, Suite 900, Houston, TX 77057
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(Address of Principal Executive Offices) (Zip Code)
(713) 783-8200
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Registrant's telephone number, including area code
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report.)
Item 5. Other Events.
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On January 28, 2003, Tidel Technologies, Inc. ("Tidel") issued a
press release, set forth as Exhibit 99.1 to this Current Report, announcing that
it had received a Nasdaq Staff Determination (the "Staff Determination") on
January 21, 2003 indicating that, as a result of its Form 10-K filing
deficiency, Tidel fails to comply with the requirements for continued listing
set forth in Marketplace Rule 4310(c)(14), and that its securities are,
therefore, subject to delisting from the Nasdaq SmallCap Market. Tidel has
requested a hearing before a Nasdaq Listing Qualifications Panel (the "Panel")
to review the Staff Determination. There can be no assurance the Panel will
grant Tidel's request for continued listing.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
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Exhibit No. Exhibits
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99.1 Press Release of Tidel Technologies,
Inc. dated January 28, 2003.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TIDEL TECHNOLOGIES, INC.
Dated: January 28, 2003 By:/s/ Leonard Carr
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Name: Leonard Carr
Title: Vice President