SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-KA
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 20, 2002
CHELL GROUP CORPORATION
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(Exact name of registrant as specified in its charter)
NEW YORK 005-524525 112805051
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(State or other jurisdiction (Commission (IRS Employer of
incorporation) File Number) Identification No.)
14 METEOR DRIVE, TORONTO, ONTARIO CANADA, M9W 1A4
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (416) 675-6666
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(Former name or former address, if changed since last report.)
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Item 5. Other Events and Regulation FD Disclosure.
On December 5, 2001, The Nasdaq Stock Market, Inc. ("Staff") notified
Chell Group Corporation (the "Company") that it did not comply with either the
minimum $2,000,000 net tangible assets or the minimum $2,500,000 stockholders'
equity requirements for continued listing set forth in Marketplace Rule
4310(c)(2)(B).
On February 20, 2002, Staff notified the Company that it had determined to
deny the Company's request for continued listing on the Nasdaq SmallCap Market
("the "Determination").
On February 26, 2002, the Company notified Nasdaq of its appeal of the
Determination and requested an oral hearing with respect to such appeal (the
"Hearing") and issued a press release with respect thereto. A copy of such press
release is annexed hereto as Exhibit "99.1". The Hearing has been scheduled for
Thursday, April 4, 2002.
Item 7. Financial Statements and Exhibits
Set forth below is a list of the Exhibits applicable to this Current Report on
Form 8-KA numbered in accordance with Item 601 of Regulation S-K.
99.1 Press Release dated February 26, 2002
SIGNATURES
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.
Chell Group Corporation
a New York Corporation
Date: March 8, 2002 By: /s/ Don Pagnutti
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Don Pagnutti, Chief Financial Officer
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