House of Taylor Jewelry Inc. on Monday said it had received a notice from the Nasdaq Stock Market that trading of its shares will be suspended because the company had not paid its listing fees.

The Nasdaq notified the West Hollywood-based jewelry maker on April 16 that based on its failure to pay the listing fees, the trading of its common stock will be suspended at the opening of business April 24.

House of Taylor said in a filing with the Securities and Exchange Commission that it can offer no assurance that stock will be available on the Nasdaq Over the Counter Bulletin Board or on any other exchange after delisting.

This comes after the company said in a filing April 16 that it was delaying its fiscal 2007 earnings past the 15-day grace period. It gave no reason for the delay.

On April 10, the company’s chief executive, Jack Abramov, and his brother, Monty, who was serving as secretary and vice president, resigned from the company effective immediately. The company cited person reasons for the brothers’ departure.

Shares in House of Taylor were down 22 percent to 7 cents per share in early trading Tuesday.