Agreed. I hope they are very close to financing as well. Plus, I don't think he will speak about speculative financing with regard to any specific information. My opinion is we will hear about financing when it is secured.

Trust me when I say I would love to be "shocked". I agree, I want to know what the updated timelines are and am more than a little curious as to the funding.

Put two of us on the shocked list if he were to speak about these things.

I wonder if this is some of the results from McNally's short work so far? They've attended the JP Morgan event and we have to assume (especially after reading that interview) that he has been accessing his contacts and resources in the industry about SPORT and his plan for bringing it to market.

Certainly doesn't sound like someone who is planning on a fire sell at .78/share. I also gather (from the last paragraph) that he has either been briefed on the Shareholder Letters or read them himself. I also gather from the interview that he already knows how he wants to get Titan to market. It's just executing the plan. Very impressive interview.

He doesn't seem like a guy who would get involved in something of this magnitude if he felt like all he had was a hail mary's chance to succeed, risking his industry reputation with potential future endeavors.

Obviously you think my numbers are unrealistic unless they include a R/S. So let me ask you. What do you think the end game will look like?

In what capacity is McNally going to be speaking? Is he there to "push" SPORT and TITAN? Or generally speaking on the future of robotic surgery?

I think you're right, no matter how bad the doom and gloomers (those who blinked during the panic and sold) try to spin things otherwise. I ultimately believe McNally gets us to a point where we sell between $5-$10/share and everybody makes money.

I think his post and my response was rooted more in jest and humor than being literal.

I'll drink to that and buy you one so you can drink with me. HERE'S TO $12.83/share!!!!

Here's my question. I think many of us can agree with the hiring of McNally and the way the previous management drug their feet and wasted valuable time. That McNally isn't going to drag this out another 2+ years. So if we're looking at an 18 month window. What is the most reasonable top end buyout price one could expect? I don't think we're looking at $15+/share anymore. But as you said, at minimum speculation could get this to $1.25/share.

Oh, the buyout price has gotten down to .76/share, according to some. McNally's "plan" is to double the current price and have a fire sale at .76/share.

If that were the "plan" they didn't really need to hire McNally to accomplish that. Nor did McNally need to make all the personnel moves he's made to sell at .76/share. The doom and gloomers are unbearable.

I believe that is why someone like McNally was hired. His resume screams what the plans are for Titan. No way this is going to drag on another 2+ years. We don't have that kind of time anymore. But I also do not believe (as some have suggested) he's going to fire sale the thing right off the bat either. I'm not saying that might not be what he ultimately has to do. But I simply do not believe his first plan of action is to "Let's see how fast we can get to .76/share and dump this thing."

Do you really think that is primary plan of action? To have a fire sale and hope we get .76/share on a buyout? Do you really believe that?

If that is his plan he could double the stock price without making all the personnel moves he has made. Let's put the black helicopters and tin foil hats back in the toy box for now.

As we add patents how much impact does that have on the value of the company? I would assume it continues to add value to the company. Granted getting FDA approval, CE Mark, Design Freeze etc. really infuses material value. But patents have to bring value as well.

That was my strategy. I initially bought in at over $2/share. After the crap storm and the stock price started tanking. My goal was to get my average cost per share under $1 in case of a fire sale. I figured I would come closer to getting my money back that way.

Agreed, I think we're going to stay in this range until financing news comes out. We've been hovering between the high .30's and mid .40's for a while now. No one else is coming off the sidelines to invest until financing is taken care of.

He's posting because he lost his butt and he's scorned. If he truly made $500K or whatever the claim is he wouldn't keep coming back to this board. He'd take his profits and be gone. He wouldn't keep coming back being the gloom and doom that he is.

I can almost guarantee you when news of funding comes out, if it is "bad" news he'll be posting all day about it. If the news is "good" he'll make minimal comments.

The notion that he made money when he got out of the investment is ludicrous. If I'm not mistaken shortly after the adjusted timelines in 2014 and the stock really started to drop. He disclosed he was in at either $1.30/share or $2.30/share. Can't remember which one it was but I distinctly it being one of the two.

Has everyone crawled into a hole? Seems the board activity on both boards has taken a dramatic "pumping of the breaks" here lately. I guess it's the lack of new news to discuss. Heck, even CUIN who is good for four or five condescending, backhanded compliment posts a day has been silent. Has the world come to an end? LOL!

I'm really hoping we get an update on funding and new timelines soon. Hopefully the letter will prompt a response of some form and in it funding and timelines addressed. With the posting of the new VP position some have alluded to Titan having more money than they put on to have OR they already have funding in the pipeline. Either way, I would like to get some news about these things as soon as possible.

Good question. I'm not sure his personality and how he's wired. It may pi$$ him off or it may get his juices going even more that shareholders are making this type of effort to ensure this investment comes through. Who knows? But either way it should get his attention.

It was an operator error on my part. Typo. Fixed and re-sent. Went through fine.

McNally's being kicked back. I just sent mine and DM's was kicked back. Anyone else have the same thing?

Would there be any advantage or disadvantage to posting the latest version of the share holder letter as a sticky on the board until next letter is sent?

Present!!!!

I've read the draft and I think it covers the most critical components we need to know. Will there be an updated email distribution list posted today or will that be in the morning?

Thought the same thing. You don't do this unless you pretty much have the resources in place to pay this type compensation package. The only question now is WHEN do we get an update or announcement on funding?

Can we infer any information from this posting? It says it is a nearly created position. Does the creation of this position indicate we are further along, on schedule or not as far as long in development as we thought?

I think your view is right. If one of his first moves right out of the gate (meaning within the first year) is to do a R/S. Then that tells us how far gone the previous idiots had taken this investment. I'm crossing my fingers (as many others I'm sure) that a R/S of any kind isn't in the plans. But going by CUIN and Honey on the other board. That's the only thing left to do to "save" the stock. I just don't believe that.

I'd really like to get a "feel" on the R/S. I know the primary issue is funding. But if they do a R/S, especially a 20:1 or 25:1 then end up selling out at $8/share. It will make my time and money in this investment a waste. I'd make money, but not worth the four+ year wait I will have to had endured.

Crossing my fingers they answer the letter and give some indication on the R/S potential.

If this turns out to be the case (this early in McNally's tenure) I will be HIGHLY disappointed as will a lot of other shareholders. I just don't see a R/S being done this early in his tenure. Granted, you maybe very well turn out to be right, and if that's the case I will be highly pissed. But I just don't believe he'll pull out a R/S this early.

If we're just guessing. I'm going with news of secure non-dilutive funding is on the horizon. How's that for a guess? LOL!

Yeah, no kidding. It wasn't that long ago that you couldn't find an article or ANY publication with Titan's name in it. It was like the Sixth Sense movie. The characters in the movie didn't exist to the real world. They were ghosts.

On another note. I really would like to get some news on financing. I wonder if the recent drop in PPS is lack of that news?

And just think what the PPS would do if news came out about secured non-dilutive financing.

That's been my strategy. I got my basis as far below $1 as I could with the money I was willing to invest. Granted, I wish my cost basis was in the .30-.40 range. But I've made my mind up I've invested all I'm comfortable with and my average cost is under $1. So I'm content with that and now I wait.

Yep, this is my belief as well. Which is why I also believe this process isn't going to drag out another three plus years. I don't think McNally's plans (when taking the job) was to make a long term project out of this. I believe if during his due diligence and interviewing Titan/SPORT, he would have come to the conclusion that this product was "years away" from turning a profit. He would have not taken the job.

Do you see a R/S happening? I know it's a dirty word that no one wants to talk about. I certainly don't. But how likely is one? Assuming McNally makes more right moves than bad ones.