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I just can't wait to see the effect the ITA and for the hope for success for those first 3 patients after treatment.
Regards,
BK
Over 2 years for both of them for me. I'm so curious how they both will develop. I have a pretty good idea about TITXF, but this one is still TBD IMO.
Regards,
BK
Didn't know that you were aware of this company. Nice to see a familiar board member.
Regards,
BK
The Dark Side is working hard again this morning on the pps. Can't figure out why "they" work so hard for pennies. Or for that matter, why anyone would sell at this low pps. Seems counter intuitive as an investment. Anyone invested in this tech knows the IP, and how well it's been accepted by the surgical community based on "0" criticism or ID of flaws in the design. Guess we just buy more while we can. I would like to hear of any decisions as to where the cadaver procedures will be performed. That would be welcome news. IMO.
Regards,
BK
That's way over the top. (uncalled for). I've signed NDA's before and they are governed by the state laws that which you reside. So while they may be valid, possibly not where you live. And.... sometimes manufacturers have taken each other to court and because of those issues - there may be other side agreements that affect employment between competitors. I experienced both.
Regards,
BK
I agree with you. I can't believe the rep doesn't understand the multiple market segments that SPORT will reach as compared to da Vinci. IMO
Regards,
BK
Yeh!!! HERE - WE - GO.
4x the average daily volume already in the first hour.
Products and licensing revenue.
Way over due, but very welcome.
Regards,
BK
$5.00 more. That's $30.00 total. Will you never learn. Seek wisdom.
Regards,
BK
PPS suppressed 4 good reason?
SPORT must have a lot of people very nervous to mess with the pps over a couple of pennies. To my point - no one is asking to sell above $.73. Just confirms in another way what we suspect. More for me.
Regards,
BK
I strongly agree.
I've said many times in the past that the pps should be much higher based on their IP alone. It's the moat and jet fuel that defends and propels us much, much higher. IMO. If we were +$2.50 with one indication, and we're now at +9(?). All things remaining equal, I still think the pps should be over $2 based on all of the current accomplishments and market potential. I can't wait to hear of the cadaver procedure sites and progress. IMO
Regards,
BK
After all that's been accomplished and confirmed, I would think the pps is headed over $1US very soon. Or the "news" is starting to leak out. It should be more.... IMO
Regards,
BK
What time frame are you referencing? This summer? Just curious where your point of reference is focused.
Regards,
BK
Boy....I hope you're both correct. If true, then I can see a $10 pps in the near future for both the device, system design and integration with Verbs business plan. But that makes the Verb $250M budget only a fraction of the cost. I guess it would depend on whether they feel the technology moves them that much closer in a fraction of the time because of the IP and exposure to the market share that's beyond ISRG. Or - if any other medical device company wants to take a swipe at this Verb business model too. Look what Windows did for DOS applications.
Regards,
BK
Here are the details from the article from which I posted a few minutes ago.
Huennekens: First of all, we think of us not as a robotics company but as a surgical platform company. If you think of open surgery as Surgery 1.0, minimally invasive surgery and laparoscopic surgery as Surgery 2.0, robotics surgery as 3.0, we really think that the next era is 4.0. We call it digital surgery and physicians call it digital surgery as well.
Instead of having robotics that is used in just 5% of procedures and it’s like a mainframe computer, we’re thinking of robotics like it’s a PC. It’s always there, it’s always on.
So, it’s lower cost, it’s more accessible to you. And then in combination with that, there is advanced visualization and next generation technologies that start to give you differentiation of tissue. It could be the anatomy of the tissue, the tissue state or tissue type and surgeons start having information to inform their decision-making.
They can also have that co-registered with current live imaging - whether its ultrasound, X-rays, or pre-operative imaging – and can start thinking about planning surgeries and executing them based upon this information.
Surgeons will also have advanced tools and instrumentation. So what you would have is all that information but not in its individual silos where Medtronic/ Covidien has these instruments and Karl Storze has this visualization and somebody else has a table and somebody else has robotics arms.
We want to eliminate silos and bring all these together in a seamless solution and then also have algorithms for decision-making.
I don’t want to get into too many of the details that we are working on for competitive reasons, but the integration of all those components together and the solutions around procedures, is what we are looking to do.
Regards,
BK
I agree. I think the Verb surgical model is more of a "surgical" software/interface/environment similar to a software application operating system (no pun intended). At the most elementary of descriptions - a command module environment with both digital and on-site sources of input. I don't think it's one demensional hardware device product. Software is way over 50% profit, and if Verb can establish an industry standard comprehensive interface for plug-and-play applications for specific indications across different manufacturer devices, then provide the patient data and follow-up business data. It's forward thinking and not yet available - to my knowledge. I could be wrong, but have looked closely at the verbiage and it's worded very carefully. SPORT is a very good first step in this direction with their surgical command module. Is my thinking way off? IMO
Regards,
BK
I do greatly appreciate your efforts, interest and contributions. I do know that if anyone on the site does a cut and paste of a URL, it may contain the Access User Token and "open" the site and that's bad. You may need to review the access and change the password to sanitize that portal. There's more but I'm not an expert either. Thank you.
Regards,
BK
Don't know. I don't do FB. I'm pretty sure that SurgTech has control - and I'm grateful for the effort to create the site. But the Titan site is connected to my wife's account. I'm not viewed as being very smart at the moment. Just wanted to share with her and our family what we're invested in and how well connected the "group" is that follows TITAN. Little did I know that husband/Dad/Grandpa would be caught up in this. No good deed goes unpunished.
Regards,
BK
More pic's of tatoos located around female private areas. Again. Not blaming anyone. Just really surprised that we're being targeted. Didn't think we were THAT successful yet. JMO
Regards,
BK
So how are the "new" contributors getting access? I thought that this was a closed site? All of my "other" sites are not getting compromised. Just FYI. Thanks for the OK to leave. Never received an invitation quite like that before.
Regards,
BK
URGENT. Edit the Titan Facebook page ASAP.
Must find ways that it's being compromised or I'll have to disengage from site.
Regards,
BK
End of the day. Someone's trying to walk the pps down again. Will this ever see the light of day? BS
Regards,
BK
All on course.
He seemed very confident with the balance of the process to finish the approval from HC. Clearly it won't take long to engage the initial trial. Once those results are made public, we should have an elevated pps as we all anticipate. Like what I hear with the known events being confirmed repeatedly.
It's all good.
Regards,
BK
Nothing is 100% until they get bought out or start to generate revenue. That said, I think it's very, very unlikely because of the IP. There's REAL value in the IP, and the multiple indication design. At this time I'd call it less than 10% chance only because they've shown the device and again - there has been 0 negative comments. I'm surprised but it shows me that the SAB has a BIG impact on the design and functionality. JMO. I think the pps moves up in the next 90 days based on cadaver site locations, shows, possible partnerships and surgeon word of mouth. JMO
Regards,
BK
I do understand the collective frustration, but don't know if JH is really focused right now on our frustrations. To that point, they (Titan Mgmt) did decide to work with Ximedica. Very good decision. Objectively - the redesign for additional indications is undetermined as a good decision and we'll never know because if they launched and sold units, there would be cash flow. But how much we'll never know and would they have needed to design SPORT as it is today anyway?
I think a better route is to take advantage of your board friends that we all respect and appreciate and ask that they speak directly to mgmt at the shows. I would appreciate a conversation from one professional to another, and really think the face-to-face and nuances during said conversations are telling. How else would we know about the letter regarding the request to consider an RS. And the big fat NO.
Giving mgmt another few months is not out of the question (for me) since it's been over a year and milestones for the SAB, product design, evaluation, introduction, training, cadaver procedures, partnership(s) have all been met.
JMO.
Regards,
BK
So.... what's your request going to accomplish? Just want to understand your specific point so I can make an informed decision. Thanks.
Regards,
BK
With published cadaver procedures, I do. With "other" distribution agreements, I do. With CE mark, I see at least that, but would estimate closer to $5.00. Part of my "WAG" includes many of those already invested in the medical device industry will consider a new growth stock, and understand the market for robotic surgery. The pps will benefit significantly when Titan is on a different stock exchange too. (My different stock exchange comment does not in ANY way consider an RS. Please no more of that.) JMO
Regards,
BK
This is a good date and time to illustrate pps manipulation. 500 shares for less than the previous 10K purchase. It's time to get a hold of this BS. JMO
Regards,
BK
NOTICE. Edit the Titan Facebook Splash Page ASAP.
Longmoney, your information is very helpful to better understand where Titan is in the process. Thank you very much for the updates. Hearing that you spoke with Reiza and JH personally is solid confirmation about many of the topics that get brought up here. I find that your latest message regarding why the robots weren't at AORN very helpful too. My point is that the time line appears to be intact, and the next milestone is being addressed and confirmed. I think the next piece of information that will help the board is where those cadaver studies will be performed - besides Mayo. JMAC??? Again thank you. JMO
Regards,
BK
Still playing with the PPS. Hope mgmt is REALLY making an effort to weed out the bad actors. JMO
Regards,
BK
Surgical instruments multi quadrant possible. That's the translation.
Regards,
BK
$5 more in the jar. That's $25 now.
Interesting correlation. Thank you for the information.
Regards,
BK
Longmoney. Thank you very much for your offer to provide pics, notes and direct conversations at AORN.
Regards,
BK
I've read the "amended" SEDAR docs. Interesting to see that CE mark is projected for 3Q '16, with approval - launch in 4Q '16. There was a statement that said that cadaver procedures were going to be used instead of live patient procedures for the requisite data collection in support of the pursuit of FDA approval. There's more so please read it. It's very clearly written and I think we can all appreciate that.
Regards,
BK
Would you please post your questions and answers with EVC? And what they said beyond your questions? Curious.
Thank you.
Regards,
BK
It's all perspective.
With all of the introductory shows that are being scheduled, there's bound to be feedback and news about SPORT. Then there may be further updates about the cadaver procedures. If Titan can perform multiple procedures on one donor, then the likelihood of an accelerated time line is possible. That would also maintain interest and volume. I really think the news and buzz from these shows will make a difference.
JMO
Regards,
BK
Great find. Good article because it provides specific subject matter about costs associated with robotic surgery. Of course the source is ISRG, and they would want a broader conversation regarding associated costs beyond the cost of robotic surgery to further cost justify the expense using the
da Vinci. Bonus: Titan is specifically mentioned at the end of the article.
Thank you for finding that article.
Regards,
BK
Happy Easter to all.
Regards,
BK
Thank you. Happy Easter to you and all too.
Regards,
BK