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Bernoltz was left off the leadership team.
Anyone on the board believe that Auris is working with Verb??
question for the board: How significant will an announcement of the IREP patent being granted be?
Was everyone aware that this patent is no longer pending but was granted in August.
Title of Invention: METHODS, SYSTEMS AND DEVICES FOR THREE DIMENSIONAL INPUT AND CONTROL METHODS AND SYSTEMS BASED THEREON
patent No: 9,421,068
Retired?? He is 100 percent focused on the entrepreneurial side of his career. At least that's what he told me.
I can see them getting an order on April 1st.
I just don't think it will be a real PO.
A few inaccuracies in this article.
Titan went for additional indications in 2014 not 2015.
Martin bernholtz wasn't cfo that would be Stephen Randall who continues to be the cfo.
Who is this author? Is he a contributor to the ihub board?
The market after six years and the FDA seem to suggest it is factual no??
If you look at the date in time in which SV life sciences acquired ximedica and match up Titans 2 year slide in pps you will find they match up perfectly. Couple that with the recent departures of fowler and JH and the recent statement by the ceo of ximedica and it makes for an intriguing story.
Ximedica has never issued a more supportive statement of Titan than they did last week. Not by coincidence imo.
Fowler had a huge disdain for VC. JH was totally aligned with fowler. Ximedica was acquired by VC and then Titan pps begins a 2 year slide. Interesting to say the least. Here's to righting the Titan(ic). pun intended. Brighter days ahead.
Look at fig 9b in this sri patent. Looks similar to Titan snake arms. The other wrist diagrams are very different.
http://images1.freshpatents.com/imageviewer/20150209965-p20150209965
Mat 2021
New article with a nice mention of Titan.
http://investingnews.com/daily/life-science-investing/medical-device-investing/5-future-facing-tsx-medical-device-stocks/
Also is Longtai back in now that JH has resigned. I was told plexus and Longtai voted JH out as chairman.
To get ximedica to resume development we needed additional funds more than what was raised. Plausible to think Longtai is coming through or another source of funds??
So how to hedge for a reverse split. Add at these levels? Are you thinking of adding?
Pre open bid and ask inching up.
Is there a PR?
No longer looking for a chairman? Just CEO?
"Titan Medical Inc. (TSX: TMD) (OTCQX: TITXF) today reported that the Company’s Board of Directors has initiated a leadership change strategy in order to expedite the development of the SPORT™ Surgical System. The initial steps of the strategy include the resignation of John Hargrove as Titan’s Chief Executive Officer, the appointment of Martin Bernholtz as Chairman of the Board of Directors, and a revised focus of the previously announced executive search plan"
Did you see a vesting schedule? In JH's case does he lose the newly awarded options?
So is it safe to assume that all of the options awarded a few weeks back were for something other than retaining employees?
Haptic feedback would be awesome for a blind surgeon ladies no??
Stopped counting at six figure loss. I feel the same way cowboy. Cant blame anyone that runs for the hills. It's always darkest before the dawn and it appears to be about pitch black right now.
"Verb is an independent company that was formed in August 2015; it’s financed via Alphabet’s Verily and consolidated onto the balance sheet of Google parent company Alphabet"
Leads me to think while the OS is verb's the robot is jnj's.
A recent robotic job posting referenced being part of a ground level new division at Johnson and Johnson.
Who is bringing the robot?
I would be writing off losses for the rest of my days. No thanks. All or nothing.
Nice find taco. At a minimum it shows serious similarities in terms of ergonomics, display, controls etc between what have seen from SPORT and this JNJ prototype. Hopefully it is a preview what the surgeon console of sport will eventually become.
I found a pr albeit dated re: a strategic alliance between SRI and Plexus http://www.businesswire.com/news/home/20040823005170/en/Plexus-SRI-International-Form-Strategic-Alliance-Optimize
At this point during these dark hours we can only hope the puppeteer is someone like JNJ. Connections are still there and are easy to forget when pps drops like lead balloons. What can one do anyway sell and lock in massive losses?
Three things
1. Options awards are subject to huge tax penalties re "golden parachute tax" laws if a control of a company is relinquished with three months of the award. 3 months till end of 2016.
2. Gary Pruden said at the annual investor meeting that they will reveal their works like looks like prototype end of the year (3months)
3. Titan raised just enough money to get them to end of the year (3 months)
It seems a long shot but I'm in too deep to take a massive loss so this is all I've got at the moment. Go ahead make fun and call me a dummy. I might just agree with you my accountant certainly does.
How much revenue have they generated? The revenue the have generated is akin to pissing on a wildfire compared to they $$ they are spending. Senhance will not keep them afloat without a complete and total redesign to shrink its size by at least 75%. Simply to giant to work in today's or. Talk about mainframe computers.
Thank you for your expert take on how Ximedica feels bout Titan. Did you speak with Mr Petrie?
I'm thinking the kids are going to community college bro. maybe a tech trade school?? Sucks.
But wow what a rack!
6 years of CE mark and 1 sale. Yes this is a winner. No doubt here.
Why mess with what works #titan investors matter it's got a good ring to it almost sounds familiar.
Reverend Honeycomb you can be our spokesperson.
T.I.M baby!
Up 7%. Titan investors matter!
From Ximedica correct?
Zing! Nice one TImes Yours!
The letters are working we are up 5 percent!
Titan investors matter!Titan investors matter!Titan investors matter!
Good point.
Titan investors Matter!!!!!!!!!
Subject line should include number of shares and name of the group how about "Titan Investors Matter".
I agree however this is more than a heat shrink tubing company. They have a major interest in MIS devices, robotic surgery, sensors etc. they are a large conglomerate and could be the mystery tool maker. When the new videos show that the label has been blacked out when it was clearly marked before it got my attention.
Investinthefuture take a look at the TE connectivity, Raychem, and Creganna websites. TE connectivity is the parent company. Raychem interestingly was a spinoff of SRI.
Look at this video https://vimeo.com/160775641 of sport. Versafit V2 is clearly visible on the snake arms. All subsequent videos have this blacked out on the snakes but if you look real close you can see that it's blacked out in the colorectal video WHY? Also at SAGES they show the snake arms uncovered yet during procedures they are always covered. Why?
If you google Versafit V2 it leads to TE Connectivity which is a huge conglomerate formerly Tyco Electronics. Look even more closely and you will see they are looking to grow their healthcare business in minimally invasive surgery and robotics hence their recent acquisition of Creganna for 900 million. They specialize in sensors i.e. Advanced instruments.
James Shore is connected to folks at these companies as is Aiden Petrie from ximedica.
This may be the tool maker for Titan. Huge conglomerate majority of folks haven't heard yet they are huge manufacturer for a number of leading med device companies.