Form 8-K March 2007
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
------------------------------------------------------------------------------------
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) of the
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report: March 21, 2007
(Date
of earliest event reported)
SYNERGX
SYSTEMS INC.
(Name
of
small business issuer in its charter)
Delaware
11-2941299
(State
or
other jurisdiction of incorporation
(I.R.S.
Employer Identification No.)
or organization)
209
Lafayette Drive, Syosset, New
York
11791
(Address
of principal executive offices)
(Zip
code)
Issuer's
telephone number: (516)
433-4700
Not
Applicable
(Former
Name or Former Address, If Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to
simultaneously
satisfy the filing obligation of the registrant under any of the
following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange
Act
(17
CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange
Act
(17
CFR 240.13e-4(c))
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing
Synergx
Systems Inc. received a Nasdaq Staff Deficiency Letter on March 28,
2007
indicating the Nasdaq Staff’s
belief
that SYNX had failed to comply with the director nominating
committee requirements for continued listing set forth in Marketplace Rule
4350(c)(4).
The
Synergx Board of Directors strongly disagrees with the Nasdaq Staff’s
finding
of deficiency. The
Rule
requires that “Director nominees must either be selected, or recommended for the
Board's
selection, either by: (i) a majority of the independent directors, or (ii)
a
nominations committee
comprised solely of independent directors”. The Synergx Board of Directors,
including
all of the independent directors, unanimously approved the nominations presented
in the
most
recent proxy.
On
March
21, 2007, the Synergx Board of Directors unanimously approved a resolution
to
adopt the
Nasdaq nominating committee requirements. Accordingly, in the opinion of
the
Nasdaq Staff, Synergx
has regained compliance.
Item
9.01. Financial Statements and Exhibits.
(a)
Not
applicable
(b)
Not
applicable
(c)
Not
applicable
(d)
Exhibits
99.1
Press Release dated March 30, 2007
SIGNATURES
Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934, the Company has duly caused this Report to be signed on its behalf by
the
undersigned, thereunto duly authorized.
SYNERGX
SYSTEMS
INC.
(Registrant)
By:
/s/ JOHN A.
POSERINA
---------------------------------
John
A.
Poserina,
Chief
Financial
Officer, Secretary
And
Director(Principal Accounting
and
Financial
Officer)
Dated:
March 30, 2007