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    UPDATE  146  0 Kommentare   Todos Medical Reports $2.0 Million in Revenue for the Third Quarter of 2020 - Seite 3

    “Provided that we continue to execute at the pace we currently are in the implementation of our lab solutions for our clients, we expect to be cash flow positive in the middle of the fourth quarter of 2020,” said Dan Hirsch, CFO of Todos Medical. “We do not intend to effect a reverse split of the Company’s common stock until we become cash flow positive in our COVID-19 testing business. Once profitable, we will consider buybacks if warranted. The COVID-19 PCR laboratory testing market is growing significantly month over month in the United States, and we expect this trend to continue as economies reopen and we head into the fall and winter seasons when seasonal illnesses, including influenza, become more prevalent. We believe our suite of testing solutions allow us to be a one stop shop for COVID-19 testing solutions in the United States. Further, we believe the mobile labs solution that we will be supplying have the potential to scale testing capacity in areas not typically served by COVID testing and will allow for potentially ultra-rapid turnaround times, a potentially significantly valuable addition to the US testing paradigm.”

    For information related to Todos Medical’s COVID-19 testing capabilities, please visit www.todoscovid19.com

    For testing and PPE inquiries, please email sales@todosmedical.com.

    About Todos Medical Ltd.

    Headquartered in Rehovot, Israel, Todos Medical Ltd. (OTCQB: TOMDF) engineers life-saving diagnostic solutions for the early detection of a variety of cancers. The Company's state-of-the-art and patented Todos Biochemical Infrared Analyses (TBIA) is a proprietary cancer-screening technology using peripheral blood analysis that deploys deep examination into cancer's influence on the immune system, looking for biochemical changes in blood mononuclear cells and plasma. Todos' two internally-developed cancer-screening tests, TMB-1 and TMB-2, have received a CE mark in Europe. Todos recently entered into an exclusive option agreement to acquire U.S.-based medical diagnostics company Provista Diagnostics, Inc. to gain rights to its Alpharetta, Georgia-based CLIA/CAP certified lab and Provista's proprietary commercial-stage Videssa breast cancer blood test. The transaction is expected to close in the third quarter of 2020.

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    UPDATE   Todos Medical Reports $2.0 Million in Revenue for the Third Quarter of 2020 - Seite 3 §  Received first payments from $47.5 million contract with Wisconsin client on October 9, 2020 §  Wisconsin client upped avg. kit purchases from 2,100+/day to 3,500+/day on October 12, 2020 §  Todos has completed equipment purchases for …