Manhattan Scientifics Inc (MHTX)

[jim30jen]

The company would have to apply for a listing and jump the required hoops. One of those is pps. I know that once a Nasdaq listed stock dips below a dollar they get a year to recover and if they don't the stock get's "delisted".

Though we are a ways out from trading options on mhtx, who wouldn't write long dated 13 cent puts and buy 15 cent calls on a spread order if you could?

You would get paid to enter the position with a net credit up front and the worst that could happen is you might have to buy the stock @ .13. If the price rises significantly (good chance),
The puts expire while the calls appreciate.

Just a thought...