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If you knew how big of a shovel I had to use to scoop my position you would shit your pants. Perhaps you could come up with some new material.
Pharmmoney. She is a he. I am not fearful. Just get tired of the secrecy.
Got it Adrock.
Wouldn't it be nice if they announced the October milestone in September?? They had four months to get the funding and it took what two days???
I see. So investors can capitalize on the increase in share price once we are rebranded and hit the second milestone. I get it now. Makes sense now. Thanks for the clarification.
So Titan would not announce a buyout until after Labor Day to allow investors to get in???
Why Labor Day??
Did not understand Labor Day at first as Labor Day is May 1st, 2021. Then I realized we are in Mexico. Oops. September 7th. My bad.
Thanks timeteo. I think I knew the answer before I asked the question. The conference is a virtual investor conference and will probably cost Titan very little to no money. I registered for it and will listen in to see what McNally has to say. Like you say, it is probably business as usual. When I saw the word "investor" conference it just upset me a bit. Titan has to go through the motions, especially since Aspire can buy more shares if Medtronic does not step in. It was also weird that they put out a PR on a conference that doesn't mean much but they cannot say what the milestones are or who bought the $18 million dollar offering. Yes, I know they were probable not allowed to give this information to the public.
Thanks for the reply but it doesn’t answer my question. Why would Titan go to another investor conference if Medtronic is their partner and is going to buy them out? Does not make sense that Titan has to be whisper quiet about the milestones and who bought the recent raise yet it is okay for Titan to look for other investors if Medtronic is controlling them. Any ideas?
Stupid question. If the deal with Medtronic was already done and they could have enough money to get through FDA approval, why are they attending yet another investor conference? How many investor conferences have they attended and yet they still ran out of money. What’s the point of an investor conference? Help me understand.
Would be nice to see a little bump in share price. Just to see if anyone was paying attention. We will see.
Welcome to the party Facetrain. Thank you for your very informative posts. Very much appreciated.
Agreed SPORT19. Might even get down to 25 cents. LMFAO!!!!
Stupid question. So people who are new Titan start reading this message board and think "Wow, there is going to be a buyout." So why isn't this reflected in the share price? Are people oblivious? Is there just not enough attention given to Titan? You would think people would pay attention and buy a few shares, wouldn't you? And here we sit at 75 cents. Is there that much greed that people sold at $1.71 or $1.31?
I think TMDI is bought for a lesser amount. And that had better not been negotiated yet.
CRNA
A few things come to mind. What if the buyout price has already been determined and shareholders feel the buyout price does not substantiate the value of Titan? Shareholders are going to be angry.
What if the buyout price was determined a long time ago when the company said it was out of money or had no investors, meanwhile the stock was dropping to 17 cents. Who bought shares when the stock was 17 cents? Who were slowly accumulating shares? Shareholders are not going to be happy.
I think the secrecy happens with every company. It's the way business is done. Nothing you can do about it.
It will be an interesting AGM.
Totally agree. I think things are going to be totally different here in a few months. Especially when the second milestone is reached. What was the second milestone? Oh yeah, another secret. Too many secrets.
Your choice. Agree that things are going to pick up. Too many secrets.
There is an IGNORE feature on this site. I agree Titan will be bought out. Just waiting. Think it will get exciting during the AGM. Cannot keep the secrets forever.
BIGKAHUNA
Let's get this straight. Titan has to stop progress on their single port platform because they run out of money and are in deep financial trouble. They have countless investor conferences and nope, not one investor. Then Medtronic will give them milestone payments and BAM!!! out of nowhere an investor agrees to give them 18 million dollars. And then decides we better not tell anyone who we are.
If it looks like a duck.........
Medtronic gives you $1.5 million dollars in April but you do not announce it until June???
If is swims like a duck......
Guess what???
AFLAC!!!!!
SHORTS WE WILL THWART WITH SINGLE PORT!!!
DON'T BE A SHORT ON SINGLE PORT!!!
TITAN FRICKEN ROCKS!!!
TMDI BUYOUT MONDAY???
TMDI GOING TO SKYROCKET!!!!!
TITAN LONG AND STRONG!!!!
TITAN BABY!!!!
Looking forward to seeing the ballot at the end of August and the agenda for the September AGM. Exciting times are coming. Enjoy the week. will check in next Friday to review all the good posts. Stay long and strong people.
Another tough day to watch ROLL. Actually bought another 1000 shares at 81 cents and of course it dropped to 78 cents. This stock certainly is not for the faint of heart. Give my wife hugs regularly. Thanks for the support. Glad you came on board. Helps to reassure me of our decision to be involved with Titan. Sure wish McNally would throw us a bone but understand the secrecy.
Interesting that Titan has until Feb 1st, 2021 to get share price up to $1. Also interesting we may not know the buyer of the 18 million shares until possibly 45 days after the start of the new year. Puts it around Valentine's Day. I suspect we learn who bought the shares in January. Will jump the share price to what, $20?
Oh no, we are under $1. Better close down North Carolina, stop asking for the ENOS name, tell Cambridge we are closing our doors, stop advertising for employees for the new facility, etc.
Who bought the 18 million shares?
What are the milestones?
Who is the new board member?
Who from Medtronic is sitting on the board observing?
By the way, what is happening overseas with Titan?
Who is making our end effectors?
Have they started studies on the new and improved end effectors?
What are the improvements made to our smaller platform?
So many questions. So many secrets.
Hurry up and wait people.
Tic Toc. Right Roll?
When DaVinci came into our OR several years ago, I thought it was a joke. PRICE PER SHARE $685.
A monstrosity of a machine. Almost laughable. Thought this type of surgery will never last. Why would you significantly pay more to have the same surgery? Again, have you been in an operating room during arobotic procedure? I have trouble describing it. Those of you who have been in the room understand completely.
You talk about end effectors. DaVinci tracks the number of uses for their end pieces. I believe after 12 or 13 times, they get thrown away. The fact that Titan is discussing having end effectors strong enough for reuse is ground breaking.
Did you see the size of the complete robot? The smaller footprint itself is ground breaking.
Finally, bottom line, what is ground breaking to hospitals and surgery centers is COST. Surgery centers and hospitals want BUSINESS. These organizations have changed. PROFIT is the name of the game.
I experienced the effect of COVID on healthcare organizations. Thousands of nurses laid off because elective cases could not be done. No help getting unemployment. Saw videos of firemen and policemen driving to hospitals with their lights on in support of nurses. National news for nursing support. Thanks to our essential healthcare staff. Meanwhile, the truth is these healthcare organizations were laying their staff off to save money while getting billions of dollars in COVID relief funds.
Do some research on nursing layoffs during COVID and relief to healthcare facilities. And now that government has allowed elective surgeries to return even though COVID cases are spiking, do you think government are going to stop elective surgeries again? No way in hell. The money train is back chugging again.
So the design of the end effectors may not be groundbreaking. Agreed. But Titan has patented snake arms and other improvements that will allow them to play in the game. A game that only has one player. ISRG.
If a hospital or surgery center wants to make money, they need to recruit surgeons. If surgeons want a SPORT to do their surgeries, hospitals and surgery centers will buy them. And when surgery centers and hospitals learn they can buy them for less money and it will ACTUALLY fit in their ORs BAM! it is a win win. And when the ultimate piece of the puzzle learns about SPORT the patient or consumer(again, healthcare is a BUSINESS) look out!!! A patient learns that a surgery can be done through one incision, the umbilicus with no scars??? You can't be serious????? SIGN ME UP!!! WHERE DO I WRITE THE CHECK????
I can just hear the conversation at the beach.
"You had a hysterectomy? Where is your scar?
Ever heard of the SPORT? They go through your belly button.
No scar? You can't be serious!!!!"
Great post.
Gave your post some thought.
Overstock obviously sells hundreds of millions of dollars worth of goods yearly. Titan sells nothing right now. Than if you think about ALL the secrecy and the patents and the deal with Medtronic, you start to get excited. Cambridge was willing to be paid in shares I believe. Cambridge obviously sees the value of the company.Titan has been fighting to stay alive for a decade. They are not going anywhere!! Will they bring their robot to market. I feel they will. If not, they can license their IP if necessary as a backup business. Others believe they will fail or go bankrupt. Everyone is entitled to their opinion. But you hit the nail on the head. Titan is only worth 80 cents per share. Sounds ridiculous but it is true. Will it be 80 cents in the future? I doubt it. So when Adrock says SCOOP, he has a valid point in saying that one word. Could it go lower and will it? Possibly. Perhaps. Does it matter? I don't think so. Like Roll says, buy your position and sit back and ignore it if possible. I know it is difficult for me to ignore but ROLL has a valid point. In a year it will not matter as I believe the stock price will be much higher. Final question. Would you add another 10,000 shares to Overstock right now at $100 per share, or to TMDI at 80 cents per share?
Ending with my thoughts on a recent video on the Titan website. The video had one gentleman(forget who it is) who said the technology behind the SPORT robot was DISRUPTIVE. Pretty incredible word to use. McNally then says "We know the system works(in a passionate tone of voice) and he also says thank you to all the stakeholders for their patience. He seems genuinely excited about the revised and smaller platform that apparently has been worked on and improved that shareholders may not be aware of. Again, why is he not giving more press to these things? I do believe it is for a reason. More secrecy. Of course it could all be smoke and mirrors.
Holding long and strong.
Sorry. Yesterday's post should have said ISRG ACDF, not TLIF. Cervical, not lumbar.My bad.
Sent McNally an email wishing him well and saying I had confidence in his direction with Titan. Told him I have been with Titan 10 years as a shareholder and will continue to hold. No response. Nothing. Just like news on TMDI. Just a lot of secrecy. Could Monday be the day for news???
There will be a new surgery being done in the OR. It is called the ISRG TLIF. Caused from multiple years of chronic flexion of your neck from looking through a viewfinder in order to complete a surgery that could be done with a new robot that utilizes proper body positioning and better ergonomics.The guy on the left looks like he is playing peek a boo.
OH THANK YOU!! MY NECK FEELS MUCH BETTER!!!
Medtronic posted on twitter yesterday related to its robotic assisted surgery program. It was mentioned on stocktwits if you want to pop over and take a gander.
.The shift to #RoboticAssistedSurgery for health systems requires a shared commitment by clinicians, health systems and #medtech innovators to develop and adopt sustainable solutions that can deliver long-term benefits. Learn more. https://t.co/7XeIhZDzZ3 pic.twitter.com/0TVtLcDM6r
— Medtronic (@Medtronic) August 4, 2020
Take Medtronic, JNJ, ISRG or whomever out of the equation. Take the share price out of the question. Reverse split, going bankrupt, etc. Whatever. Somebody bought 18 million shares and this information has been hidden. Milestones have been formulated but again hidden. Why? Just look a this photo for about SOLID FIVE MINUTES. This robot is not a film prop. It is not made of plastic or paper mache. No smoke and mirrors. This is not a magic trick. This robot did 45 procedures on cadavers. Show me photos of the other 10 companies's single port robot please. We are all eager to see them.
We are getting delisted and sold privately.
A reverse split is coming.
This stock will never go below $1 again.
This stock will rebound to 90 cents.
Expect a no news attitude.
This stock is no longer a trading stock.
There will be a PR today at 8 am or 2 pm.
Titan will be bought out at $20 per share.
Will be a stock trade for MDT stock when bought out.
Stock needs to be over $1 soon as it has only been 30 days. PR coming.
TMDI has 180 days to correct a pps under $1 once getting a letter from Nasdaq.
Titan will become a licensing entity only.
Titan is still working on Amadeus.
JNJ is buying us.
ISRG is buying us.
McNally is a rockstar genius.
McNally needs to be fired.
$25 per share on August 25th.
TMDI needs to be $2.50 by Aug 3rd to exercise those warrants.
Selling 3 per cent of my position if it drops below....
Who bought the $18 million in shares?
Somebody bought $5 million shares today and is just holding now.
Where is the 13d?
We should know who bought the $18 million shares by this date.
We won't know who bought the $18 million in shares until next year.
Backing up the truck today!!!
HUGE NEWS COMING MONDAY!!!
Scoop em!!!
Go Titan!!!
See you tomorrow.
Don't want to be the shit here and I am long Titan. Been here for 10 years. Look at my posts. Bottom line is McNally stated he would give an update to the progress of Titan last week during this weekend's conference and he didn't. Then he comes out with a press release on end effectors Friday because he knew damned well he was not going to give an update. No matter how you try to spin it, that was pretty bad. Now I know people will say he only had 10 to 20 minutes during the conference. No excuse. Don't say it where it is clearly documented and then not come through with it. Others stated the conference was not meant for investors. Bullshit. ihub members over the weekend were asking "What happened during the conference? Give us an update? What happened?" Everybody is watching and listening.
McNally laid an egg! Wouldn't matter if SPY was up or down today if McNally had followed through on his word.
Nobody responded to my post yesterday. I heard the AGM is September 30th, true or false?
They will be voting on items at that AGM, true or false?
If BOD want to issue themselves "goodies" at 88 cents including McNally, would and could this have to happen on or before September 30th?
Wouldn't there have to be a vote on such matters?
Wouldn't issuance of "goodies" on or before September 30th be a clear indication of both the progress of SPORT as well as a HUGE RED FLAG that a buyout was imminent, big news or that a huge change in share price was about to occur?
Saw the AGM post on Stocktwits. Cannot locate any other information on it elsewhere.
If the AGM is on September 30th and there will will be issues to be voted on, I don't see a huge change in pps nor to I see big news coming out anytime soon.
TMDI AGM SEPTEMBER 30TH, 2020
Saw this on Stocktwits. Not sure if it is true. Also see there will be a record date for voting and beneficial ownership determination date of August 24th, 2020.
Interesting that their normal AGM is in June but now is in September. Wonder what shareholders will be voting on? Wonder whether this is when McNally will announce his goodies as well as others.
Will McNally announce significant things today before the AGM meeting being that the pps is below $1 BUT the AGM has not happened yet to get things voted on???
Any thoughts on the subject??? Can McNally get 2 million shares at 88 cents even if the stock price is at $2 before the voting for the AGM in September?
Doesn't beneficial ownership mean who really owns shares or am I totally confused???
Declaration of Beneficial Ownership (Individuals) - CO. ... A beneficial owner is a person who owns or controls shares in a company but who may not be the registered shareholder listed in the company's register of members.