Guided Therapeutics Inc (GTHP)

[usma1992]

Nasdaq requires a company to be at $5 a share to

get uplisted. GTHP may do a reverse split after they make a few announcements to help the share price get above that location. The split isn't mandatory or for sure but they want to be on a major exchange when they announce FDA approval and CFDA approval next year.

Makes sense. This is the only reverse split that is a positive one. 98% maybe 99% of reverse splits are negative. This one is done to improve their status and position on a major exchange.

Dave