Tiny Continental Information Systems Corp. has undergone huge changes recently and wants to explore strategic alternatives. New York-based Continental, a $2 million market cap software development company, saw five of its six board members resign, leaving Chief Executive Officer Michael Rosen as the sole director. Also, Continental announced it would voluntarily delist itself from NASDAQ last week, when the company’s stock traded at 25 cents. Continental offers Internet-enabled electronic securities processing software for use in the financial services industry, via its TIXpert Corp. subsidiary.
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