Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
But we know the guy is obviously not inept. He has a very good resume and did not get here by luck. So why would an intelligent person try so little to create a buzz with a company that needs investors and financial support to stay in business. The only reasonable explanation is he knows something you and I don't know, IMO.
Its almost as if he doesn't really care either way if they have any new investor interest moving forward....Hmmm wouldn't that be strange thing for a developmental company that would need more funding tog et to FDA.
Were you expect Mc to announce a buyout by Medtronic today?
ISRG to Titan to Medtronic....strange career path don't you think....Lol
So he bailed on Titan and just happened to end up at Medtronic Lol.
When the Medtronic agreement was reviewed by someone on this board they had mentioned that the agreement was forwarded on to specific attorneys at Medtronic. Can anyone remember what the significance of this was? Thanks.
This is what I have been saying regarding the 18 million dollar offering. The people who made that investment are way smarter than most on this board and I'm fairly certain they knew all of the bad history with Titan. IMO, they had to have been given some look into a crystal ball about what was ahead for Titan to make that kind of investment in this small company with a checkered past. That and the Medtronic partnership is what keeps me hopeful here.
Question for OR Nurse, Geo, Sport...Why do you think Jasminder Brar, a very talented person who could get a job probably anywhere, has stuck around with Titan since they are so close to falling apart again like you all say.
The things that don't make sense to me and keep me hopeful for a buyout are:
1. I can't imagine Medtronic just wants to use Titan's IP and then lets them possibly sell that IP to another company that would compete with them down the road with a similar robot. Titan still owns their original IP portfolio as per the agreement.
2. Why the milestones? If Medtronic only wanted to use Titan's IP why not just give them some money and use the IP? Why do they care what Titan is doing after that?
3. I can't imagine Titan would show such little interest in raising the share price and awareness of the potential of this company if they didn't know what the end game was. It just doesn't make sense that a company would be this laid back about share price being that the lights were basically shut off late last year and they almost went under.
I'm confused so didi Armistice Capital fill the 18 million dollar offering or is that still a mystery? If they did fill the raise could Medtronic have made this offering a milestone to allow them to get in since they may have a relationship? Just wondering.
It's def frustrating trying to figure out all of the puzzle pieces with this company. You would think that if someone was going to fill an 18 million dollar offering in one day they would have a pretty good idea as to the direction of the company. Soon after the offering the pps drops 20% and the Titan makes zero effort to boost the price. Now talk of a potential reverse split. None of it adds up. The group that bought 18 million shares is not stupid.
So then why would the buyer of the 18 million offering want to stay private?
Is this stock still going to crash this afternoon Magnus? Trying to plan out my next buy and was just wondering if it will get the the 40 cent range like you predicted. Thanks.
for which there is no marketed predicate device...ever hear of Intuitive's single port robot?
Keep living in the past.
Thank you for the reply but let me repeat my question as you didn't answer it. Who then bought it so quickly and would go through these lengths to keep their identity secret and more importantly why would they want to keep it a secret?
You keep stating that you don't think Medtronic bought the offering. Who then bought it so quickly and would go through these lengths to keep their identity secret and more importantly why would they want to keep it a secret?
You guys honestly think whoever bought up those 18 million shares would be ok with the 20% drop in share price and Titan making no effort to support the share price? Think about it.
Yea but why would Medtronic want other companies to come out with robots that have the same IP and features as their own? They would want to lock that up and have their robot be the best in class with this IP. If they could lock that up for a few billion dollars I'm sure that is what they would want to do.
There's only one company that would have bought the 18 million dollar offering at $1 and not care that it dropped to $0.85 since then with no help from Titan to increase their share price. Want to take a guess at what company that might be??
Was just wondering why we haven't heard from HC777 all day. Wasn't he supposed to sell 40% of his holdings today?
Please let us know when you sell the 40% share of your holdings HC777. Thanks.
Ok care to explain why he would leave an executive leveljob with the top med device company in the world where he was pulling in prob 300K a year to go to a small penny stock bankrupt company that was hanging on by a thread?
I really hope no news comes out by Tuesday so you can sell 40% of whatever shares you still have. Heck just do us a favor and sell 100% of them. I will gladly take some off your hands. I have never used the ignore feature on this site but am coming very close to using it on you with your constant whining.
So you're saying a VP of Robotics for a major med device company can be an integral player in the development and inner workings of a new robot coming out soon and then last minute they can jump ship to a competitor and give them all of that inside info just because its not on the market yet? Cmon man get a clue.
Zaring left one of the top robotics jobs at the top med device company in the world to suddenly take a job with the almost bankrupt and floundering penny stock company Titan. Do you not think he would have had a lock-tight non compete agreement with Medtronic that would not allow him to take a position with a competitor to their robot? His previous company Medtronic then partnered with little old Titan 6 months later. IMO look no further than these facts.
You never answered my question from the other day and since you seem to have all the answers I'm sure you can shed some light for all of us novices. Why did Zaring who was the VP of Robotics at the top medical device company in the world, Medtronic, leave that position to go to a tiny, struggling, penny stock company on the verge of bankruptcy? You said Zaring saw then that Titan was garbage but why then would Medtronic partner with them a few months later?? He must have reported something positive back to them no? Waiting for you to enlighten us.
If Medtronic currently holds a large share stake in Titan, which many believe has happened, then they would not want this diluted much further. They can easily continue to sign more licensing agreements for more millions as needed until a potential buyout IMO.
So Zaring went over to this tiny little bankrupt startup company from his VP of Robots position at Medtronic and concluded it was a piece of garbage and then 6 months later Medtronic decided to partner with that garbage company...yea makes perfect sense.
Sold all of his shares at .25
Keep up the selling!! you are helping us longs as every time you sell more the price jumps.
Did you sell your shares like HC777 and now hoping for a dip to get back in again? Sounds like it.
You really sound like someone who is still holding 95% of your shares like you claim LOL.
Is it safe to say that this shouldn't dip too far below 0.88 at this point after the news of the employee stock plan at that price?
Clearly you have no clue about the medical device world or robotics...move along.
So should everyone just throw in the towel and say Davinci is too powerful to overcome? Also, 5 years is ridiculous and only 800 million is even more ridiculous.
Can someone please shed some light on the employee stock options that are being issued and how this may relate to a future buyout? Does the timing add to the speculation of something brewing? Thanks.
Some on the board have been stating no timeline. Yes no public timeline but Medtronic surely knows the timeline as well as whoever bought the 18 million dollar raise in one day. Do you honestly think they are investing that kind of money without knowing what the plan was here??
Not sure if this has been answered yet but if the buyer of the last offering was anyone but Medtronic why would they not want it to be public that they just took a big stake in Titan?
Why should current share price matter with regard to final buy out cost. If the company is valued at 4 billion dollars that is the value and share price will reflect that with the buyout.