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Maybe why suppliers stopped working? Waiting till it all gets sorted out.
Maybe he is shorting?
Advincula was formerly the director at Nicholson center.
What else was discussed??
Not selling but getting frustrated with their pr strategy. Seems they are intent on holding share price down. They have PR worthy material that they sit on.
Holding crap-loads of shares. Funny how people think fowler is stepping into retirement. Guys like him never retire.
Also they have some serious explaining to do re the millions of worthless options they just awarded. If truly worthless why award them? BC They aren't worthless when you have intimate knowledge behind the scenes which we the retail investor are not privy too.
It would be nice to know who is making the tools. Also why hasn't plexus been PR'd. Do they have a policy to only PR bad news. Strange no??
Sounds like and old man wanting to spend time with the grand kids. Ya right!
When people say shit that doesn't make any sense it means they are hiding the truth. The options explanations make 0 sense. Half of the options went to non employees. The rest went to ones with major ??? The old man fowler comments make 0 sense. The confidence makes 0 sense. What's funny is that They didn't even think their replies through. The BS is so obvious. I guess what should we expect?? For them to come clean to a few disgruntled / concerned shareholders. Propaganda. I Still think it's over soon. Hope it is anyway. Wearing me down.
Don't get me wrong. I don't doubt this is what you were told. Hell I was told this too. I am just saying it is Crap/SPIN City.
There is more to it. I don't buy it.
Not being critical of you or anyone thanks for sharing. It corroborates what I was told but I don't believe it for a second.
Also fowler told me personally he was 100 percent focused on the entrepreneurial side of his career. I think He has completed his work at Titan and moved on to the next project. Now he is likely looking to license his tech from platform imaging to others. Totally untrue that he is looking to slow down.
Check out his site. It has been updated. The tool tracking will have application to more than robotics. I.E. Laparoscopy.
yes it Sounds verbatim what Mike @ EVC said. I'll say it again. It's total BS.
Barker not a employee, Wolff not a employee, Valvo a past employee (but who knows what he does now)
EVC doesn't know squat. BS!!
A form of payment in lieu of salaries? Im calling BS. Btw I didn't realize barker and Valvo were employees?
BS.
Also options have been scheduled in the past.
This was unscheduled, unprecedented, and unless there is a deal to follow UNWARRANTED!!
Also pretty dang sure the strike price is a Canadian dollar.
Thank you I know what options are. The fact remains they have awarded select individuals with unprecedented numbers of options
As long as they are worthless and useless Ill take a half million options in exchange for my continued patience.
Yes but you have to question the sheer number awarded to certain folks and not others. Also you have to question the falling strike price.
Also options awards have been voted on in the past. This came out of left field.
What about all the f'ing options that were just awarded? Everybody gets a giant raise because of a job well done?
Has fowler been listed on the SAB in the past or is this new?
http://www.titanmedicalinc.com/company/surgeon-advisory-board/
So suckitup did a little birdie tell you this was coming? It's a bit ironic that you alluded to this scenario on the 20th?
His last day is tomorrow. Maybe we hear an update of sorts. Hopefully.
Verb did not post the job but mullings group did on behalf of verb. Verb shows other jobs just not the regulatory job.
What did it say?
Also only insiders would be reported on SEDI. Other employees that are considered non insiders could have received options as well i.e. Shore, Brahr, siebert, etc. I think the have a fiduciary responsibility to disclose No??
It can be assumed that others may file suit with a late filing? Still a crapload of options given current state. Is Titan required by the agencies to publicly disclose these options? I remember in the past options were voted on by shareholders but could not find these in the recent AGM docs and circular?
That craigslist ad probably was the straw thAt broke Dennis's back
It appears they took the Verb regulatory job down. Reminds me of the providence job being taken down
He is walking toward mountain view ca. IMO.
I asked him directly in a private conversation if he had any concerns about former colleagues working at Verb and their intimate knowledge of IREP tech etc. he said absolutely not. How could he respond so matter of factly unless they were allies.
I know a guy
What is more pressing: Chairman? fowlers replacement? Financing?
What's the deal with all the options awarded in light of all this seemingly negative flow of events?
wth is going on? There is more to come and soon. Has to right??
So the thinking by some is Paul V would hold Titan hostage? Crazy thinking since Ximedica wants to work with other startups to create products for them.
This would ruin their reputation in the space as a trusted partner for new product development. Not very likely an extreme reach.
No idea. Feel like we are reaching a boiling point though. Those awards don't make sense otherwise given the current state of Titan. halted pps close to 52 week low, pushback on milestones, financing questions etc.
The sheer number of options awarded and to whom they are awarded is what makes me think something Major is up.
Ask TimesYours for the link to see for yourself.
The plan Reiza et al had from the beginning was to partner with a leading medical device company. They never planned to go it solo. It has always appeared that way as well.
Credit Times Yours
Synergist medical was reiza's and unsworths's company before it became Titan. Amadeus was the platform Synergist started.
Found this interesting - looks like their plan was laid out a long time ago
"Synergist's goal is to establish ARSP as a superior surgical platform, ultimately becoming the standard for complex surgical procedures and many other procedures currently performed using either open or MIS surgery. Upon completion of the first version of ARSP, Synergist plans to engage in a joint development and/or a co-marketing agreement with a leading medical device company; and obtain regulatory approval for the sales of ARSP, instruments, accessories, and service agreement"
Checkout the Titan history. Synergist medical to Titan. Patents paten rights remuneration etc for Rayman and unsworth.
SEDI shows that John unsworth as owning 10 percent of the company. What are your thoughts on that??
Ok then what about Valvo. He wasn't a current employee and he get 330k options? It doesn't add up.
Have a look a page 16. The number of options just awarded is unprecedented.
http://www.titanmedicalinc.com/wp-content/uploads/2016/06/Management-Information-Circular.pdf
I don't think these were awarded at the meeting. Half million options awarded for both Randall and JH would not have gone unnoticed. Also Valvo gets a ton but he is no longer on the SAB or otherwise employed by Titan???
Probably rewarding the folks who won't be part of the partnership. Fowler will likely stay on??
Even better would be LinkedIn! At least it would get some looks along with some laughs.