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  4. Todos Med Ltd. (TOMDF) Message Board

iBIO overvalued by almost x2 Todos undervalued

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Post# of 1418
(Total Views: 250)
Posted On: 06/13/2022 8:43:18 PM
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Posted By: redspeed
Re: Warp #1058
iBIO overvalued by almost x2

Todos undervalued x3

https://seekingalpha.com/comparison/95bf40302...s-The-Rest

1 for 25 reverse split coming up for the over valued iBIO

But get this, while the RS is 1 for 25, the AS isn't getting reduced by the same ratio. Only by 5, not 25. Investors in iBIO are going to be diluted out of their positions x5!

Oh and iBIO isn't doing a RS to uplist. They are doing a RS to stay listed.

The stock will start tanking after the RS is announced June 30th because shorts know the company has no catalyst on the near horizon to get the sp back up to $2.

What is Tom the CEO doing? Maybe they could hire the ex-CEO for MONI Alice. I heard she ran away and looking for a new jobbie.

Todos looks great compared to iBIO train wreck.

iBIO...

Proposal 1 – approval of an amendment to our Certificate of Incorporation, as amended, to effect a reverse stock split of our issued and outstanding shares of Common Stock, at a ratio of one (1) share of Common Stock for every twenty-five (25) shares of Common Stock (the “Reverse Stock Split”)

Proposal 2 – approval of an amendment to our Certificate of Incorporation, as amended, to decrease, concurrent with and conditioned upon the effectiveness of the Reverse Stock Split, the number of authorized shares of our Common Stock from 275,000,000 to 55,000,000 (the “Authorized Share Decrease Proposal”);

https://ir.ibioinc.com/shareholder-vote-faq

I noticed institutions starting to dump iBIO too.

'tutes' don't like companies that RS to stay listed. They usually get shorted to death.

us-ibio-so.png


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