December 3, 2009 (FinancialWire) — Cardio Vascular Medical Device Corp. (OTCBB: CVSL), a developer of cardiovascular surgery technology, said its board has approved a one-for-three forward stock split, in the form of a stock dividend, payable to Cardio Vascular Medical Device shareholders.

When the forward stock split becomes effective, shareholders of common stock will receive an additional two shares for each share held at the record date.

Israel-based Cardio Vascular Medical Device holds a US patent for a “steerable guidewire” applicable for all angioplasty procedures.

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