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HIGH SPRINGS, FL–(Marketwire – Apr 27, 2011) – CTD Holdings, Inc. (OTCQB: CTDH) (OTCBB: CTDH) (the “Company”) announced today that Averett, Warmus, Durkee, Osburn, Henning, P.A. (“AWDOH”) of Orlando, FL has been engaged as the Company’s independent accounting firm for the fiscal year ending December 31, 2011 (full details can be found in the Form 8-K filed with the SEC). With more than 100 professionals on staff AWDOH is well positioned to support CTD Holdings, Inc. in its current audit and SEC filing activities. It is also large enough to expand services to support the Company as it expands its operations.
“We are grateful for the fine service that Baumann, Reynaldo Co., P.A. has provided to the Company in past years,” commented company Chairman CEO, C.E. “Rick” Strattan. “Engaging Averett, Warmus, Durkee is a move to position us strategically with access to the services we will need to support our growth going forward.”
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.