Titan Pharmaceuticals Inc (TTNP)

[sanderburwil]

Already rectified.

[TRUISM]

12/3/20-04:24PM-Item 3.01. NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING.
Click For Info



On December 1, 2020, Titan Pharmaceuticals, Inc. (the “Company” or “Titan”) received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company had failed to regain compliance with the minimum $1.00 closing bid price required by Listing Rule 5550(a)(2) prior to November 30, 2020 as required by Nasdaq’s letter of April 17, 2020. As a result, Nasdaq has determined to initiate procedures to delist the Company’s securities from Nasdaq.

The Company has already taken steps to rectify its failure to comply with Listing Rule 5550(a)(2). On November 30, 2020, following receipt of stockholder approval, the Company amended its certificate of incorporation to effect a 1-for-30 reverse split of its common stock. The shares began trading on a post-split basis on December 1, 2020 and have closed above the $1.00 minimum bid price since such date.

The Notice provided the Company until December 8, 2020 to request an appeal of Nasdaq’s determination to delist. In the absence of such appeal, the Company’s securities would be suspended at the opening of business on December 10, 2020, and a Form 25-NSE would be filed with the Securities and Exchange Commission, resulting in Titan’s securities being removed from listing and registration on Nasdaq. The Company has requested a hearing to appeal the determination, which request will stay the suspension of Titan’s securities and the filing of the Form 25-NSE pending a decision by the hearing panel.





TRUTH

[StockFOXXX]

The chart supports an uptrend

[2H2]

Good volume today. MM's will let it go when they are ready.

[sanderburwil]

Yup- shook the weak and bled out the noobies while smarts loading positions for what’s ahead. Watch by the AGM on the 30th where this will be and what’s ahead

[Screech691]

nice man thanks, I'm locked and loaded - I've seen this post R/S split bio plays do some crazy things

[sanderburwil]

AGM on 30th- don’t be surprised to see $10+ on this float. Lots of catalyst ahead and this was trading that ore split and look at the share structure than. Imagine how high it can go now.

[Screech691]

6.6M OS

[2H2]

What's the new share structure?

[Screech691]

triple bottom test at $3.50, time to bounce this bitch

[sanderburwil]

People will be very VERY happy by the AGM set for the 30th this month. Lots going on and lots ahead. Won’t be surprised to see this in double digits

[TRUISM]

I doubt it would be based on outstanding news.




TRUTH

[sanderburwil]

I can see this $7-$10 ahead on this tiny float now

[rikshot]

" they claim to have cash to burn through Q3 2021"
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What happens after Q3 ??????----Doesn't that tell you that this is a paycheck generating operation ???????-----Or----What does it tell you ????


PS: Don't you need some "itchy meds" ?????

[TRUISM]

Can't knock the "hustle."




TRUTH

[Screech691]

Nice Clay, pump it up brother

[ClayTrader]

* * $TTNP Video Chart 12-01-2020 * *

Link to Video - click here to watch the technical chart video

[Screech691]

1/2 the new OS churned today, they claim to have cash to burn through Q3 2021, this one should pop hard with the new micro float. I'm locked and loaded

[rikshot]

I figgered it would drop like a high-flying bird's turd----but---- It seems like----at this time---- The fake news & Bhonsle's inability to F*^K things up, has a holding mentality for some knuckleheads. If P&D favorite status is lost---It may not hold above a buck for 10 days. It could make a noise like a toilet being flushed--LOL----Luvya Melody---Please stay tuned in !!!!!

[treedoc]

:)

[StockFOXXX]

It just hit $4....

[melody432]

So when will it hit $1?

[TRUISM]

11/30/2020-12:50 ET-TTNP Announces Reverse Stock Split
Click For PR





SOUTH SAN FRANCISCO, Calif., Nov. 30, 2020 /PRNewswire/ -- Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) ("Titan" or the "Company") today announced that its Board of Directors has approved a 1-for-30 reverse stock split of the Company's common stock, which will be effective at 5:00 p.m. Eastern Time on Monday, November 30, 2020.

The Company's stockholders approved the reverse stock split at a Special Meeting of Stockholders on November 30, 2020. The Company's shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market commencing upon market open on December 1, 2020.

As a result of the reverse split, each 30 shares of the Company's issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock, par value $0.001 per share.

The Company will not issue any fractional shares in connection with the reverse stock split. Instead, the number of shares will be rounded up to the next whole number. The reverse stock split will not modify the rights or preferences of the common stock.

Immediately after the reverse split becomes effective, there will be approximately 6.6 million shares of common stock issued and outstanding. The common shares will trade under a new CUSIP number, 888314606, effective December 1, 2020, and continue to trade under the symbol "TTNP." All stock options and warrants of the Company outstanding immediately prior to the reverse stock split have been proportionally adjusted.

The Company has appointed its transfer agent, Continental Stock Transfer & Trust Company ("Continental"), to act as exchange agent for the reverse stock split.

Stockholders owning shares via a bank, broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not be required to take further action in connection with the reverse stock split, subject to brokers' particular processes. Continental can be reached at [phone].




TRUTH

[ClayTrader]

* * $TTNP Video Chart 11-30-2020 * *

Link to Video - click here to watch the technical chart video

[CarlCarlMcB]

Lol

[rikshot]

This smells worse than the city dump now----(more like a pile of fresh, hot, steamin' dog $hit) and the daytrader's coalition will problee have to find a new "play toy". I'll bet the R/S vote count was fraudulent---& this is "SOOOOO BADD" that it still may not hold above a buck for 10 days, if a huge selloff happens this afternoon.

[CarlCarlMcB]

.000000000001 R/S

[eugenecj]

1:30 reverse tonite 5 pm

[GREGG THE GREEK]

[StockFOXXX]

Disagree. This has been getting walked down every trading day so far for weeks.

[IRON_CROSS]

<<<<<<< .20 Break coming up! >>>>>>>

[Taurus69]

$ttnp $0.1771 v -0.0128 (-6.74%)
Volume: 35,396,070 @11/27/20 4:54:20 PM EST

[ClayTrader]

* * $TTNP Video Chart 11-27-2020 * *

Link to Video - click here to watch the technical chart video

[Nt92]

If anybody has proof or links on when the deadline to reach a $1 before being delisted ends it’ll be greatly appreciated. Would hold this over the weekend if I know they received another extension from being delisted. Remember tomorrow the market closes at 1pm est.

[TRUISM]

Contact CLAYTRADER at the end of the trading day----He will problee leave a TTNP video chart for the day.

There you go...

Being right again...

How dare you.



Happy Thanksgiving



TRUTH

[ClayTrader]

* * $TTNP Video Chart 11-25-2020 * *

Link to Video - click here to watch the technical chart video

[TRUISM]

They were behind that much at halftime.

Have a Happy Thanksgiving.



TRUTH

[melody432]

Don't believe there are any 70 point touchdowns.

[rikshot]

Read the message board---OR---Can't you do that ??????? If you cant, you probably have an IQ of 75-80 range------which is borderline moron.


. Apparently has been 2 R/S votes----3rd one coming up at end of November

[Pt3]

is there rs 30-1 happen on monday

[rikshot]

This organized daytrader coalition can move 100 million shares & move this up & down at will. Has been happening quite regularly---Just look at the chart. As I'm speaking this morn, it went from 15 1/2 to 20 1/2 in half & hour, and now it's on its way back down. You should join in. Contact CLAYTRADER at the end of the trading day----He will problee leave a TTNP video chart for the day.

[IRON_CROSS]

+

[StockFOXXX]

If resistance breaks today this will free fall

[TRUISM]

Call Investor's Relations Stephen Kilmer 650 989-2215 & he will give you the details you want----except---It seems like their doors are closed, as he does not answer 0r return calls----What does that tell you ???????

Things could slowly be winding down for the company that is Titan Pharmaceuticals.


Sunhil "resigns" after the company is seemingly in "bare-bones" mode....

Guess now is as good a time as any, to make that long, awkward throw into the end zone.



Will the "ball" actually be caught for a touchdown or will TTNP lose the game?


Time will tell.





TRUTH

[rikshot]

N192----I just noticed today is your birthday on IHUB & this was your first post. Welcome aboard. Sometimes this occurs for reasons other than for the benefit of TTNP shareholders.

[rikshot]

On August 18, 2020, Titan Pharmaceuticals, Inc. (the "Company" or "Titan") received a letter from the Listing Qualifications staff of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market.The notification letter has no immediate effect on the Company's listing on the Nasdaq Capital Market. Nasdaq has provided the Company with 45 calendar days, or until October 2, 2020, to submit a plan to regain compliance with the minimum stockholders' equity standard. Apparently has been 2 R/s votes----3rd one coming up at end of November---If they "snivel" ro the SEC, they can get more extensions of the delisting---Must have 10 days above a buck & certain liquidity requirements----This could go on for a while-----Call Investor's Relations Stephen Kilmer 650 989-2215 & he will give you the details you want----except---It seems like their doors are closed, as he does not answer 0r return calls----What does that tell you ???????

[Nt92]

When is the deadline for it to be $1???

[rikshot]

Please excuse me for saying this---but---- You sound like you are one of the "BIG BUYERS" who is trying to sell your "BIG BUYS" back to these knuckleheads----Try a different approach---like---"GET LOST" & let TTNP go to the grave peacefully---pink sheets---here we come. I may be wrong---But----I think I'm right.

[IRON_CROSS]

Hang tight good people; if this was going to crash hard, it would have already. TTNP hanging tough for the moment... buys still coming in to keep her steady... it's coming. $$$

[darron427]

Not me.. I'm done with it until they vote or don't vote or whatever but it appears they have no choice according to their own P.R. releases. I don't buy in when they TELL me that an R.S. is eminent that's for sure.. lol