CTD Holdings, Inc. Reports CEO Bonus & Consulting Agreements in 2005 8-K Filing

$CYTHW
Form 8-K
Filed on: 2005-09-06
Source
CTD Holdings, Inc. Reports CEO Bonus & Consulting Agreements in 2005 8-K Filing

Here's a summary of key information extracted from the provided financial report (Form 8-K) dated August 25, 2005, for CTD Holdings, Inc.:

Company Information:

  • Name: CTD Holdings, Inc.
  • Incorporation State: Florida
  • Commission File Number: 000-30451
  • IRS Employer Identification Number: 59-3029743
  • Principal Executive Office Address: 27317 N.W. 78th Avenue, High Springs, FL 32643
  • Telephone Number: 386-454-0887

Key Events Reported:

  1. Bonus Compensation to CEO:
  • Date of Approval: August 25, 2005
  • Recipient: Rick Strattan (CEO)
  • Bonus Amount: 500,000 shares of common stock
  • Period Covered: January 1 to June 30, 2005
  1. Consulting Agreements:
  • Consultants: Steven T. Dorrough and Amy Peterson
  • Purpose of Agreements: Support in searching for acquisition candidates
  • Compensation: Each consultant will receive 500,000 shares of common stock
  • Duration: Six months

Additional Notes:

  • The filing serves to satisfy requirements under Section 13 or 15(d) of the Securities Exchange Act of 1934.
  • The document indicates ongoing strategic efforts by CTD Holdings, including executive compensation and engagement of consultants for potential acquisitions.

Conclusion:

The Form 8-K highlights significant movements in compensation within CTD Holdings, particularly regarding executive incentives and the hiring of consultants to explore acquisition opportunities, which may impact the company's strategic direction and shareholder value.