Todos Med Ltd (TOMDF)

[JoeForkeyBolo]

CEO 9/30/20 Post on Twitter regarding reverse split

Jay70272671 post:

is it really that complicated to have your team release some news in regards to the reverse split? It’s beyond toxic and a lose/lose situation until it’s a must at much higher valuations. This isn’t rocket science!!!

GC response:

We are looking at the best options to minimize or eliminate the need for a reverse split. We recognize market looking for an answer. We have raised with Lincoln because it is better than issuing convertible notes, but we are recognize it’s not a long term solution so we are focused on realizing the revenues. The AID deal has significantly reduced need for cash to buy equipment. We are turning the corner on the business as the model matures to standard reagent supply agreements to realize the revs. Now looking at best options to list on Nasdaq at higher valuation representative of comps. We are working and leaning on our advisors to give us best paths forward.

We are looking at the best options to minimize or eliminate the need for a reverse split. We recognize market looking for an answer. We have raised with Lincoln because it is better than issuing convertible notes, but we are recognize it’s not a long term solution so we are /1

— Gerald Commissiong (@G_Commish) September 30, 2020