Replies to post #2682 on Cyclo Therapeutics Inc (CYTH)

[octagramt]

before the CBOE will list options for CTDH, CTDH will need to be moved to an actual exchange.

There are four requirements a company must meet before its stock can become optionable:

1. The underlying security must be listed on the NYSE, AMEX or the Nasdaq.
2. The closing price must have a minimum per share price for a majority of trading days during the three prior calendar months. (This means it will take AT LEAST three months for IPOs to become optionable, though it's often much longer.)
3. The company must have a minimum of 7,000,000 publicly held shares.
4. The company must have a minimum of 2,000 shareholders.

[curber]

Why would they do that when they are investing $600K in an approved pulse dryer that will lead to millions in revenues and be the only one in the U.S. with that designation to complex CD's Pharma grade?