Titan Pharmaceuticals Inc (TTNP)

[Rentier]

There won't be a reverse split...For one there is only 110 million shares outstanding which really isn't that many. I could see us having one if we had 300 million or more, but what we have isn't very many. Secondly, even if we had a reverse split and the stock went to $2-3 dollars institutional investors would still stay away. Most cannot invest in OTC stocks by their prospectus rules. Getting listed is much better choice and just leave the share count where it is. I still think at some point to Braubern is going to use Titan as 'vehicle' to get themselves listed.

Also a reverse split of say just 1 to 2 the stock would not go to no .65 try more like mid to low .40s on the news. Why should it be valued at 40-50% premium over the current price after the news being released? A 1 for 4 would be even worse. Reverse splits are very bad and instill a loss of confidence in potential investors too. This is why big companies in good shape never do them to shore up their stock price, they do stock buy backs instead.

"lack of institutional interests and OTCBB games stack the odds against it. " very true.