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You can post in your native language. I do not mind. I can cut and paste in Google translate. No problem. I appreciate your input.
ROLLGARD
Nonsense. When the withheld news of Medtronic lending Titan $1.5 million dollars, what was the volume? 9 million shares, I forgot. Stock went to $1.70. Now we are at 75 cents. EVERYBODY SOLD!!!
INCLUDING YOU!
You mentioned yourself you knew the stock would drop to within 20 percent of a $1 based on the agreement with the buyer of the $18 million in shares.
So now you are telling everyone here that you just watched you shares drop from $1.70 to under $1 when you knew damn well it would be heavily shorted and you knew it would drop to within 20 percent of a dollar?
Sell it somewhere else because we are not buying it.
Mharb46.
So Titan showed them the plan and gave them full disclosure. Back door discussions and full disclosure. And yet the remainder of us are being kept in the dark? Perhaps if there was a little more disclosure, we wouldn't have ran out of money. Perhaps we would have had multiple people knocking on the door to invest. Certainly not $18 million at a dollar a share. Heck, they could have had so many institutional investors Titan could produce the damn robot themselves without Medtronic's help.
Think about it. What did Titan tell them? Give us the $18 million and we are going to market in 2021. Don't worry. We are going to announce a reverse split but it is just a RUSE. Just ignore it when it comes out. You will own around 20 percent. BUT WE ARE GOING TO WITHHOLD THIS INFORMATION TO THE OTHER 80 PERCENT OF INVESTORS BECAUSE THEY DO NOT NEED TO KNOW.
Because you are more important than the 80 percent and our investors who have been in this stock for 10 years. And get this, people are going to sell once the news of the reverse split comes out. They will leave, the pps will drop and then we will hit them with the BIG NEWS! They will lose a ton and we will all get rich!! Isn't that a perfect plan!!
Yes. Late 2021.
MX77
Jasminder is a very talented man. No arguing there. Randall is even sticking around as part of the board to reap the rewards BUT when? I totally agree there are talented people in and around Titan.
I did not say they were falling apart. We do not know what they are telling us because they are not informing shareholders. We have zero timelines. We have zero indication of when we are going to FDA. We know they are continuing to go to investor conferences. We know the pps is 74 cents. We do know we ran out of money and had to stop development. We do not know what the milestones are. We do know there is a reverse split on the table now or will be. We do know it was voted for a few years ago. We do know the pps dropped to nothing after the reverse split.
Oh. But the past is the past. It is ALL a ruse. And anyone who contradicts a theory has anger control issues.
One other point. They now have a reverse split on the table. So when they announce the October milestone is announced, people say the pps is going to skyrocket. It won't anymore because if the reverse split vote passes, investors are going to be very cautious about jumping into a stock with a possible reverse split coming.
Agreed. Those human trials starting late 2021 are going to be great.
FRANKENSTIN
I intially thought Titan was worth significantly more. Now, I am having my doubts. The weirdest thing I read was Titan says they are a surgical robot technologies company. Struck me as odd. When did this change?
My latest theory with ABSOLUTELY NO PROOF is this:
Titan was running out of money. Medtronic threw them a bone for IP which stopped the bleeding. They are not even close to having SPORT ready. If they say it was not Medtronic who bought the raise, the share price tanks. They include reverse split in the AGM. They will then announce reverse split and then tell everyone they are no longer producing SPORT but are changing the direction of the company again. They are going to be a technology company for robotic technologies. Or they reverse split and then tell everyone they are at least 18 months out from FDA approval with SPORT. The stock tanks.
I hope I am wrong.
ROLL
You pop on the scene June 11th, 2020
PPS $1.14
How long have you been in the stock?
Are you up or down?
I suspect ROLL disappears once he has sold his entire position for maximum profit.
Geo2014.
Why even include the reverse split if you know you will hit the October milestone and the news in October will be good? Makes zero sense unless the news is not good.
People keep saying they are just going through the motions with a reverse split. People keep saying they are just keeping a lid on things. Well, lift the lid, throw us a bone and take the reverse split off the table then.
ROLL.
Now Thursday. One more day and yet another prediction of huge volume this week with an increase in share price is wrong.
This was the week right? After Labor Day, right?
ShortsRClowns
But if you disagree with Rollgard you have anger issues. Just be clear on that.
Love the theories with zero factual information to back it up.
A proposal for a reverse split is on the table. Written on paper. (But they are just going through the motions. It will never happen. Then why a 5 to 1 or 10 to 1. Why not 3?)
Where is the BO documentation? Whoops. There is none.
Sorry, I must have anger issues.
ROLL
Spin it how you want to,make excuses,scream,holler,live in the past etc...
Spin it? I looked the agenda for the AGM. I see reverse split on there.I don't see a vote for the board member from Medtronic? I don't see where we are voting on Medtronic buying us out? Live in the past??? We are at 75 cents????
PAST BEHAVIOR IS THE BEST PREDICTOR OF FUTURE BEHAVIOR.
MUSTANG
Maybe Titan needs to sell 50 or 200 Enos systems to prove viability in the marketplace.
How does Titan sell 50 to 200 robots with no money left? They have just enough money to get to FDA states McNally. Let me fathom a guess. Who manufactures these robots? Who sells these robots? How do we get the money to manufacture these robots? I know. Reverse split, dilution, another year before FDA approval and production of these robots. PPS goes from $7.40(post split) to what, $3 if we are lucky?
ROLL
As far as the r/s being up for vote.-Let's call it standard operating procedure being under 1.00 for Nasdaq options for us to have a choice to remain listed should we be forced to do one.
Why would we be forced to do one if the great news you mention is coming?
Once they send you a notice you have within a 6 month period to get the share price over 1.00 at the close for 10 straight 4pm closing daily.We have failed to do so yet.
Why have we failed to do so?
Enough already.
If they cannot do a reverse split, they ACTUALLY have to disclose to its shareholders what the hell is really going on.
Or they do the reverse split and then they drop the bomb that FDA is another year away. When it takes a poster on this board to sneak into North Carolina to take photos and we learn more with those photos then we have been told by management, there is a huge problem!!!
Wow. Titan is asking for a reverse split as a ruse? Really? And if you are asking for a reverse split, why 5 or 10 to 1? Why not say 3 to 1 as we are close to huge milestones and do not need 5 or 10 to 1? At 10 to 1, we are at $7.40. Why do we want to be at $7.40? So we have room to drop to $3 once we learn Medtronic never bought the raise, Titan is going it alone and more dilution is coming.
I would rather have everyone vote no on the reverse split and force management's hand for full disclosure. They have zero incentive to come clean on what is truly happening. You vote yes to a reverse split and we will never know. The silence will continue.
And if you believe Medtronic is buying us out WITH ABSOLUTELY NO PROOF, then voting NO on the reverse split will determine that, won't it. Medtronic will come to the rescue and voting NO will force Titan's hand.
Have you bought any? Sold any? What is your position? Any other real advice or commentary besides scoop em? Being serious.
Roll, welcome to Titanville !! I just may vote No across the board.... now since they are good for a year and don’t need cash, comes the Fundraise (Dilution City). HC Wainwright are their pals ya know !!
P.S. - last r/s my neighbor’s 30,000 shares became 1,000 Shares and were worth 13 cents not too long ago ($130 bucks worth on a $28,500 outlay). Heck, Helens- why not allow it to happen again ? I’ll be sure to tell him not to live in the past though, right Roll ?
...and the purpose of this conf on the 14th is ??? (sigh)
#keeponbendingover - I will hold your clutch for ya
This post is worth repeating.
ROLL. You pop on this board in June of this year. How long have you been in this stock? What is you position?
The stock is not going under a dollar.
The stock has support in the 90's.
It will hit $1.50 before it hits 50 cents.
SPY is up so pps will climb.
After Labor Day we start to climb.
But we are not supposed to dwell on the past, right? This is your recent past.
Premarket volume is 0. Where are the buyers?
Over my anger. Reviewed some of the posts and thought about it some more and tried to be objective.
People are saying they just threw the reverse split language as a precautionary measure just in case share price is not over $1. Nothing has changed.
Titan needs to put out PRs to get his thing back over $1.
Wait until October to see what happens with milestones before selling. The share price will get over a $1 by then.
My thoughts. You haven't made your mortgage payment in 7 months and you sit down with your family and start talking about a contingency plan to walk away from your home and rent a more affordable place to survive. You don't sit down with your family and make contingency plans if you know something good is coming in October.
If Titan has information they are hiding they should have gotten this news out a long time ago. Why hide the news and be silent while the pps drops below a dollar? Seriously? So if Medtronic is partnering with us and buying us out, you mean to tell me they are watching Titan's pps drop and saying "Oh well, sucks for them." Or if they are waiting for price to drop more so Titan's buddies can buy on the cheap before the big announcement, how are you going to feel then?
Titan had to have been in a horrible situation financially to sit with Medtronic and agree to a $41 million dollar deal but, as people say on this board, Medtronic is now controlling them and not allowing them to do press releases? Come on. So Medtronic controls press releases, the pps tanks, we are forced to reverse split and the buyout price goes lower. Three independent analysts have to come in and determine value for BO. Correct? That is what is being said here. What are the analysts going to think as the pps continues to drop? That is okay, value is still $5 billion.
Sorry. The logic makes zero sense.
If you are on the naughty list for NASDAQ, you do the things you need to do to get off the list. Period. How did you get on the naughty list to begin with? It did not happen over night.
My guess. They knew the news on the reverse split would drop the share price. Medtronic did not buy the raise. They are not close to FDA submission. Once the dust settles and they know what the final share price will be, that will determine the reverse split ratio. 1 for 5 or 1 for 10. The split will happen. They stay on NASDAQ. The pps dwindles with no updates.
Can always count on Adrock for great advice. Scoop em or sell it. Thanks.
Adrock. I still have a large position. I may not be weak, I may be smart.
Roll. You have no idea what my total position was or how much we have lost in 10 years. There was zero reason to include the reverse split in the AGM. We should not be at this point with pps with this company at this point. You inform shareholders you are good with finances for one year and then you hit them with reverse split? If you do not wish to do a reverse split, don't include it in the AGM.
Bet on it!
I think sellers were everywhere!!!
To be perfectly honest, I have zero idea why I am holding. My wife and I have been screwed so bad by this company. I guess I am hopeful that perhaps once in 10 years, McNally will pull something out of his ass and redeem himself. I am pretty doubtful. I think McNally thought the Medtronic news would keep the share price over a $1. Should have sold everything then. I do believe he has no more rabbits to pull out of his hat. I believe he kept the $18 million raise buyer deliberately withheld because he knew the news would ALSO tank the stock. It is not Medtronic and he knew it. My guess is no buyout now and they were in desperate financial shape. They had to sell the IP to stay afloat. I also now feel that hey will be going it alone.
To you as well. 10 years. I wish I had never bought one share.
The reverse split is if "ONLY DEEMED ADVISABLE". How is it going to be deemed advisable? Well, if the price per shares sucks!! It is pretty hard to pump up share price if YOU KEEP YOUR MOUTH SHUT and don't do any good press releases!!! So what is going to happen???? They are not going to do any press releases, the pps is going got drop more and they are going to do a reverse split. The only question is how bad is the reverse split going to get???
Interesting timing on the photos from CRNA as well. Right before news of the reverse split.
I had a huge position. It was not kit and caboodle.
In response to your email below I can respond to some of your questions.
The $18 million investor was not Medtronic. As indicated in our press release of June 8, 2020 it was a single investor who committed to the $18.0 million common shares or common share equivalents. It is up to the investor to disclose his shareholdings.
The AGM has been deferred until September 30 as a result of the Covid-19 Pandemic and our inability to hold an “in-person” AGM. We were able to defer the date beyond June 30 in anticipation of the conditions improving but since that did not happen and shows no sign of letting up, we chose to hold a virtual AGM on September 30, 2020.
I hope this helps.
FROM STEPHEN RANDALL
IT WAS NOT MEDTRONIC!!!!!
Sold 80,000 shares today.
I was not in favor of a reverse split the last time but it was voted on and it happened.
Titan could have promoted the patents or demanded the buyer of the $18 million shares be disclosed. They did not! THEY COULD HAVE DONE A LOT OF THINGS TO IMPROVE SHARE PRICE!!!!! We ALL know it.
The mere mentioning of the reverse split to be voted on dropped the stock and told me to sell. The vote is for a reverse split between 5 and 10 times. By mentioning the reverse split in the first place is going to tank this stock and force them to do a 10 to 1 split. Bet on it! If you think there is not going to be a stock split, you are a fool!!! It will be voted on again.
Randall told me Medtronic did not buy they raise because they probably didn't.
The same thing is going to happen. It will reverse split and then it will drop right after it has split because McNally will not say a word and will let it happen.
10 year long. I am not a basher. I just know the truth when I see it.
jmgreeny
He remains Director of the board. Really? That's the best you got? Nice try though.
Interesting that Stephen Randall is staying on as a board member. Does he have any skin in the game? Does he own any shares?
Secondly, I cannot believe the low volume premarket. Was yesterday's information with the photos of the white boards just a dream?
Last post of the day CRNA.
Nobody stopped you. There was zero security. The information provided is incredible information. We are ALL very thankful for seeing this information. It is very positive information Titan has failed to inform their shareholders.
Who bought the $18 million shares. No disclosure.
Update to robot status. No disclosure.
Medtronic gave loan in April. Not disclosed until June.
Titan has failed to provide updates to its shareholders.
This is good information.
Strong work!!
livendi
Running out of posts for the day. Read what we have posted, study the photos and see what you can determine. Trying to decipher some of the information. One post left.
TMDI
An exclamation mark.
My wife said it could be a question mark.
Looks like an exclamation mark to me.
It says Dec 31st! IDE
The red circle is a part of the word Good that was written on the glass door where the picture was taken from. The writing is backwards because it is written on the glass door.
KABOOM!
Don't want to get excited but on the second photo in the middle there is a graph that says 2020 in green. I believe it says Q1 Q2 Q3 Q4. Next to Q4 in purple, does it say IDE??? I blew the image up. If it says IDE I am going to crap my pants. Can others look at that part of the photo please? I am running out of posts for the day.
It also says Good in red backwards but I think the red writing was actually on the glass door that the photo was taken through.
Agreed. Probably Eric Espenhahn. Principal Software Engineer for Titan Medical
Obviously Perry Genova further down the grease board.
Can anyone else decipher the acronyms on the grease board?
CPP
PM and SW candidates?
PLM plan round 1??
TRELLO???
CRNA
Attach photo please like the last one.