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Bc they weren't needed anymore? Its been handed off...new people in town. Reiza literally did nothing. He has his shares intact and will make out big time with this.
Why would Hargrove and Reza have left if this were true?
Question is when to add more to my account
Yes'm. That would be damn nice! Come on McNally get the pr out so that we can get finances and Vegas back on track!!
Consider this,
If any type of Titan/Verb/JnJ/Google partnership was announced this stock will go to multiple dollars quickly. Verb wouldn't even need to fund the $75m needed to get to commercialization. Titan would get most of the money through the warrants. Verb would only need to make a minimal initial investment which would be ideal as that would limit dilution. Perhaps a multi tiered agreement similar to the Medtronic/Mazor deal. The risk that keeps this stock at the PPS it's at now is virtually eliminated. It's conceivable that an uplist could happen as well. It would have a cascade effect. Verb/JnJ/Google have as close to unlimited funds as you can get and for little more than a press release and some pocket change they could partner with a company that is relatively close to completing a novel robotic surgery solution that could be one of their competitors in a few years! I think that the autonomous features of the Verb platform will keep their platform from being commercialized for many years. As McNally stated in his Noble presentation they will need to clear a more rigorous regulatory process. Also seems almost certain they don't have a single port option.
Maybe I'm seeing this through rose colored glasses but I see huge upside for both companies in a partnership.
Thanks to all who contributed this VERY intriguing DD.
A valid question indeed. There were some small insider buys before McNally signed on. And I guess if I was sitting on a truckload of options I would be less inclined to feel the need to put my own money down further.
That said it would be nice to see them set up some employee incentive packages for buy ins to Company stock.
As I recall, RR & Marty Bernholtz had the largest personal stakes of anyone in management - past or present. I haven't seen any evidence that either has reduced their positions, which is good news.
I do agree that as a sign of good faith perhaps McNally who stands to gain big bucks with his options package with low end strike price should lead from the front in this regard with at least a token purchase of shares. Let's see what February and March will materialize. My hunch is we'll see more Insider buys as we get to those warrent expiryin April.
In aug 2016 they did issue themselves an obscene amount of options!
I thought that was extremely odd and unwarranted at the time.
I still do unless there is a deal out there and I'm still cautiously skeptical!
Snow day baby
Why is there no insider buying????
https://www.google.com/patents/US20140005661
Interchangeable end effector patent by ethicon.
I would guess there is a chance. Titan has to continue to operate on its own until the powers that be decide. Any ownership interest over 20 percent has to be approved by shareholders which would possibly mean full disclosure if they already own a piece of Titan. Who knows? I am comfortable knowing there is legitimacy in our Verb hypothesis supported by real facts, documents and ink.
Well is there any chance of dilution before an announcement? Why would there be at this point?
That's the million dollar question.
Should we buy some more?
That's ok I've been called worse.
I hope you guys are on to something as I still believe it's possible as well.
Sorry about the "Adcock" that was auto correct at its worst :)
Adcock the patents have been there since 12/2015. Only patents pertaining to sport are there. The old ones are still at the toronto firm. Verb was formally announced 12/2015. Sri announced licensing tech to verb 12/2015. These patents specifically reference snake like end effector supplier and their platform. See the compact robotic wrists patent diagrams. Andrea bajo 1st person hired at verb. No way titan or ximedica let's him go to competitor not to mention hariri. Verb team at ximedica. Verb position Posted for providence ri. I can go on and on. Now you can see a paper trail to go with the anecdotal connections of the past. Last document signed to the attorney was 2/1/17.
Once I click on the link what should I do to get to the pertinent info?
Can you post that link for me please
Knobbe is assigned to prosecute the Titan patents from Ximedica. That is not a review of the patents.
Sorry sent the last in error.
Since McNally stated at the Nobel conference that he was having sports ip reviewed isn't it possible that this is what is actually going on?
Don't get me wrong I hope for our sake we're all correct here regarding verb being involved.
McNally stated he was
I have never been more confident in the prospects for SPORT than I am today.
Titan signed over power of attorney to knobbe martens like right after bajo joined Verb. Since then they've been transitioning patents to this firm. No way they would use the same firm, simply bc if there were ever an IP issue, knobbe martens couldn't represent both clients in the same court. It's a conflict. They are ABSOLUTELY working together.
Make that manager of mechanical engineering at verb Surgical
I also found it very interesting that Andrea Bajo has recently become manager of surgical robotics engineering at verb in the past couple of weeks.
If I read this correctly his job description seems to be more in line with what Titan was originally vetting for. I may be wrong but I found it quite curious that Doctor Genova's title and job description was tweeked somewhat from the original posting on the Titan website.
Let's get some fiscal clarity quick.... this looks to be getting quite interesting again!
Looks like Rocko was spot on all along
Fantastic find - holy crap this could be very interesting!
Alright all we can do is wait and see.
Does anyone have a map of Providence?
Waiting on verb. Transition is happening right now or so it appears.
So what's the hold up? Why has there not been a buy out or merger yet? I don't get it. Are they waiting for FDA approval or will verb always remain separate? Are there too many companies involved such as microline,jnj, google, plexus, and possibly whom ever else to legally be able to own the machine so a independent company (titan) was built ? I'm so lost but it really does not matter, In until the end.
Oh wow is right. It was right before our eyes the entire time. Good work by flybabyfly
It was getting painful to watch
Oh wow... thank you
The same lawyer at the same firm
I'm not getting it. Clue me in please...
Sorry trying to catch up. These two are using the same form for patents?
I'm completely done with them. Enough is enough.
Most will continue to shoot air balls over there.
Whatever you find...please keep it on this thread...we don't want the idiots on the other thread knowing what we know.
Ill lower it to 4 feet...
Knobbe Martens
Titan Medical
SRI--Verb
As a friend of mine told me we have lowered the rim from 10 feet to 6. :)
Keep digging there is more there
And the author works at Knobbe.
Nice find, both of you.
Regards,
BK
If I were looking for an ip firm I would check out this group:
http://m.mddionline.com/node/14114
To help you along, here's another clue.
Knobbe martens
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