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Re: chillout post# 10803

Thursday, 07/24/2014 5:11:12 PM

Thursday, July 24, 2014 5:11:12 PM

Post# of 140464
Good post. We cannot put all of our faith in the product alone, regardless of how great it is. Your concern of them needing to build this start up and execute a game plan is just as important. IMO, it is time to lay the ground work and have a game plan in place for a successful product launch. If Titan management is 100% confident in their product and CE/FDA approvals then this should be happening now. If Titan is to be bought out and that is their goal then WHY was Bertner's firm hired? What experience and track record do they have with M&A ? Why are they better than the main stream brokerage firms? From what we know about the contract there is no commission to Bertner's firm if Titan gets bought out. Just 60k or 120k (3 or 6 months contract price). There is no incentive on Bertner's firm to get the highest bidder for Titan. I am still trying to figure this out and would like to know why Bertner was hired and what Titan was expecting out of the partnership.