Titan Medical Inc (TMDIF)

[Mharb46]

I think you're on the right track of my question. I understand the split has to be in line with regulatory benchmarks for being on the nasdaq. so let's throw a number at the wall and say share price is 21 pps. a 1-3 split would then be 3 shares at 7 per share.

so the question is why would a company choose the dilution as titan has done previously versus a split. i ask because in the past, we've seen this thing run and then they announce the raise and it causes the run up to skid to a hault and then falter. realistically, if the run gets to 6 (which is where most recommendations are as the value as of a month ago) if they did a 1-2 or a 1-3 the pps would still be above the nasdaq benchmark value.

does that make sense? it just seems to me that the split wouldn't hurt value like the dilution would/will/has done in the past.