Titan Pharmaceuticals Inc (TTNP)

[Doctor Detroit]

Shareholders Meeting

From Titan's S-1 Registration Statement: "We have agreed to hold a stockholders’ meeting no later than March 31, 2015 to seek stockholder approval to effect a reverse stock split or for an increase in the authorized shares of our common stock."

Curious to me that they would put the split option before the increase in authorized shares option in that sentence. Could a reverse split be in the near future? If their intent is have a reverse split and then uplist to an exchange, perhaps that's why the two new outside directors recently came on board (to satisfy Nasdaq/Amex "independent director" requirements?).