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It means it actually exists, and works enough...
I'm not sure, but definitely a VC / PE firm would want to get most of the profits, which would take place if they went private and then spun out an IPO in 1.5 years?
Hey what do you honestly think is going on? Major US investment? Uplisting? Longtai investment? Being taken private?
Lol glad he's the CFO...
Amazing!!
That's what a market maker is for. I don't suspect we will run to 0.01 during the selling, instead the maker will balance and spread it out.
Titan mentioned as a rebound play...
https://insiderfinancial.com/this-one-filing-means-titan-medical-inc-com-npv-otcmktstitxf-just-became-more-attractive
If it was an option of last resort it may not be?
My new theory. A PE debt funded reverse buyout is coming and will be recommended to shareholders when no other option including up listing will work. This way they finish the robot as a private company and IPO when ready to massive stock raise.
I am in. Let's do this!!!
Hey what the heck I see some positivity here why not jump on the bandwagon and build some momentum. I'm going to put in a buy for 50k shares for this am...
Wow - very nice find! Wanna bet it disappears soon?
LOL ... But the trailer showed a future run by sport?
Nope - just a bit of a break.. But went a bit overboard the last month for a ride up this year!
Preferred Shares?
James and Jasminder are not leadership (rather they are Senior Mgrs/Directors) so they could still be there. But Paige was global sales, it seems she's for sure gone? A quick phone call Monday can confirm this.
HAHA
Just a website update
He's a director of the company and its President. That's material news.
Been a while since I last posted, and I think the new CEO has potential. But I think this time around, we march a strong army of us to the AGM and raise some very tough questions.
Who is Gary?
They kind of did that just now.
Sending now.... Thanks!
Add me to the mix. Is there an email msg I'm not seeing. Send to me at jetuomi@gmail.com
Actually it tells me Fowler had no clue about bringing this to FDA approval and couldn't estimate the cost of a bottle of coke. I suspect he was shown the door for not doing his expected job..
That's a classic line - I've used it many times after showing someone the door ...
I got the sense fowler was about perfection and perfect is the enemy of good. A startup has to balance good, perfect and time to market...
Gonna go with the mistake option re: ownership.
Isn't this the annual options granting?
end of August
I'm with you too. CFO is an idiot and nobody else can lead this firm
Correct...
We've all been waiting for Plan B for sometime. I don't believe they have a plan B after the emails I received this week from two board members...
Welcome back!
They need to act more like a startup, get a product out, get feedback, add more features via cashflow from sales / funding vs. building to perfection and never getting it out.
Perfection is the enemy of good enough to sell.
The article has a few mistakes...
I'm sadly feeling that way. No company owes us a favour to buy us for more than what we're worth..
9 times out of 10 these companies dwindle for a bit before being picked up by a big player for pennies on the dollar
Guys we only have ourselves to blame here. Letting them off the hook without a financing plan at the agm.
Management....Absolute rookies in capital markets. We can all tell them "told you so" when it came to stock price...