Image Entertainment Inc. received notice that the value of its common stock had fallen below the $15 million limit required by the NASDAQ Global Listing. The Chatsworth-based company has until Dec. 14 to comply with that requirement and until March 2010 to regain the minimum bid price of $1 per share for 10 consecutive days. Failure to reach compliance puts the home entertainment programming distributor in risk of being delisted from the Global Market. If that were to happen, Image will seek to be listed on the NASDAQ Capital Market or appeal any delisting, said company president and CFO Jeff Framer. In August 2009, Image had been notified of a failure to meet the $15 million requirement and later reached that amount. Shares in Image closed down at $0.83. Mark R. Madler
