Todos Med Ltd (TOMDF)

[Sloan89RH]

Red-one, the issue of executing a reverse split is not a new issue as you seem to imply. In fact, a reverse split has always been a consideration for TOMDF as they contemplated up-listing to the NASDAQ. Recall that one of the many requirements to be listed on NASDAQ is that a stock must have a bid price at the time of listing of at least $4.00/share. TOMDF has always been a penny stock. The company has much going for it but it has been unfortunate with market timing for up-listing. I'm going to speculate that based on all the PRs and developments going on early this year that GC expected the stock to run up to $0.30 to $0.40 per share. A 10 for 1 reverse split would have probably been very satisfactory with most investors/speculators.