Aqua Care Systems Inc

A Florida company said Monday it has agreed to purchase Di-Tech Inc.'s assets and operations. Based in Brea, Di-Tech manufactures water purification systems and has annual revenue of more than $1 million. It is a division of privately held Coast Filter Media Supply Co. The purchaser, Aqua Care Systems Inc. of Hollywood, Fla., said it will pay for its acquisition with shares of stock but did not disclose the sale price.

A Florida company said Monday it has agreed to purchase Di-Tech Inc.'s assets and operations. Based in Brea, Di-Tech manufactures water purification systems and has annual revenue of more than $1 million. It is a division of privately held Coast Filter Media Supply Co. The purchaser, Aqua Care Systems Inc. of Hollywood, Fla., said it will pay for its acquisition with shares of stock but did not disclose the sale price.

The Nasdaq Stock Market may have to rethink whether shares trading under $1 should automatically be pushed off its market, given the sheer number of companies whose stocks have been pummeled under that threshold, Nasdaq's chief said Thursday. Any such change in listing rules could throw a lifeline to many California companies whose stocks now are threatened with delisting from Nasdaq--a move that would effectively banish them from many or most investors' radar screens.