Replies to post #11924 on Todos Med Ltd (TOMDF)

[JoeForkeyBolo]

Serious question... do you bother to do any DD on this company, or just get all your DD from this message board. Not meant as an attack, just an observation. The reason for the 10B authorized shares has already been addressed and answered numerous times. Gerald has answered this in the Twitter posts I've copied here, as well as in several interviews and conference calls.

The 10B authorized shares is to provide Todos with the option of acquiring the remaining 48% of NLC Pharma after their spin-off. They need the ability to execute that transaction without the delay of another shareholder vote to increase AS to allow the transaction. That's the ONLY reason.

The 10B ceiling will be reduced by whatever RS ratio is executed. The company has stated their RS goal is 1:10 so the AS would be reduced from 10B to 1B shares.

[redspeed]

You already asked. I already explained it. You already thanked me for explaining it. Sorry you keep forgetting.

redspeed
RE: red-one post# 11856

Post# 11857 of 11926
Friday, 09/09/2022 10:14:04 PM
I already voted yes 5 times.

The increased in authorized is ensure ability to acquire 3CL unowned interest. That is something I'd like to see if Tollovid/r take off like we all hope. Q4 will be telling. Todos would go from owning 52% (or 60% with a royalty) to owning the rest.

The RS was approved before but the company didn't split. The plan is to only RS if all the ducks are in a row pre and post uplist. Target is 1 for 10. If the stock gets up to $0.40, then that would be $4.00.