Replies to post #20533 on Cytodyn Inc (CYDY)

[buckysherm]

What about the asterisk which mentions trading above $4 for 90 consecutive trading days ?

[BlackDoggie]

BL,

Just as a point of clarification, CYDY would actually qualify for the second tier (Global Market), not the third (Capital Market). While all standards for Capital Market require some level of positive shareholder equity, the third option for Global Market (Market Value Standard) has no requirement for shareholder equity. For everyone's reference, the only requirements under that particular standard are:

- Market Value of Listed Securities: $75mm (CYDY currently is ~$120mm)

- Publicly Held Shares: 1.1mm (CYDY is well above that...)

- Market Value of Publicly Held Shares: $20mm (Haven't checked numbers, but I doubt CYDY is ~85% closely held...)

- Bid Price: $4 (We've discussed this at length elsewhere)

- Shareholders (round lot holders): 400 (Can't confirm, but I'm sure they meet this one)

- Market Makers: 4 (Haven't confirmed myself, but you can check L2 data)

Anyone see anything I'm missing here?