Replies to post #5269 on Titan Medical Inc (TMDIF)

[chickenlips]

Reverse splits are not necessary. companys can buy back stock to reduce the float. that's what real companies do. Reverse split is what penny stocks do to steal your shares. does not have to happen with legitimate companies

[Flenderson]

You bring up a fair point GEO. However, with 80-100 million oustanding shares a 100 pps is still attainable. If they did a 2/1 RS then we would be talking about a 200/250 pps. We would just all have half the amount of shares we have now.

Chicken is right. They don't have to and a company can buy back there own shares. However, it would be difficult for a company in Titans current position. If/when we start to really take off I would expect the company to buyback at some point along the way. It would reduce the float, express confidence to the public, and it's just a wise investment.

Wassup - my understanding is that we need to be at 4 pps (not 2)to uplist. This was just referenced a couple days ago. Can anyone confirm either way?

JMHO