What Economic Recovery? Hoku pulls stocks from NASDAQ, deregisters with SEC.

Hawaii based Hoku Corporation is no longer selling stocks, through NASDAQ anyway.  At the beginning of September 2012, Hoku filed a Form 15 with the U.S. Securities and Exchange Commission (SEC), asking for their existing shares to be deregistered.

This means Hoku will not have to make any reports to the SEC for the next 90 days.

Back in July Hoku delisted from NASDAQ.  Hoku Corp. is blaming their fall on the crashing price of polysilicon.  Hoku Corp. shut down their Hoku Materials polysilicon operation in Idaho, back in May.

Hoku Corp. is looking for a buyer for its Hoku Solar division.

Hoku Corp. stocks are now being traded Over The Counter (OTC). As of  17 September 2012, they were selling for only .07 cents per share.

HOKU CONTINUES DOWNWARD SPIRAL. POCATELLO PLANT MOTHBALLED!