DYADIC INTERNATIONAL INC — Director's Dealing 2007

Nov 14, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DYADIC INTERNATIONAL INC (DIL)
CIK: 0001213809
Period of Report: 2007-10-31

Reporting Person: Juda Tom (10% Owner)
Reporting Person: Juda Nancy (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.001 per share	395100	Indirect

Footnotes

F1: The Reporting Person is filing this Form 3 with respect to that certain Voting Agreement dated as of October 31, 2007 of which The Tom and Nancy Juda Living Trust is a party (which was filed as an exhibit to the Schedule 13D filed on November 13, 2007 (the "Schedule 13D")). The Reporting Person may be deemed to have shared power to vote or to direct the vote of the shares of common stock (including shares of common stock issuable upon exercise or conversion of derivative securities exercisable or convertible within 60 days) which are the subject of such Voting Agreement (collectively, the "Subject Shares"). The Subject Shares are described in the Schedule 13D.

F2: As trustees and beneficiaries of the Tom and Nancy Juda Living Trust, the Reporting Persons may be deemed to be the beneficial owner of the shares of common stock beneficially owned by those entities.