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That has been a question I have had for some time now. Where are the other 2 prototypes?
I believe Every big who wants in the robotic space is closely watching Titan and will soon have to make a decision regarding what their plans for single incision robotics will be.
Are we expecting any news at the close today?
Day drink at Rojo beach lounge is a blast and very close to Waters edge and my favorite spot on the Island.
Other great spots:
Truck Stop for sure
Secret beach for lounging in the water or Kite boarding
Palapa Bar (Over the water bar with great music)
Finn & Martini for dinner (in the heart of San Pedro)
Elvi's for Dinner (in the heart of San Pedro)
Rain for sunsets and dinner or just drinks
Activities:
Shark ray alley for swimming with nurse sharks and Rays
The blue hole for diving or snorkeling.
Enjoy
ABSOLUTELY ENCOURAGING!!!
I believe coming in BIG with TITXF is very wise. This devise is a game changer compared to anything out there. Share price will appreciate here and I believe 2018 will be very telling.
Feedback from all three centers of excellence and now this white paper all prove that SPORT is the real deal. Nothing out there from JnJ, Verb, Medtronic, Stryker, intuitive, Hanson, mako and TRXC to say otherwise. Everyone of the companies mentioned have nothing other than maybe Intuitive which I am not impressed with the design.
I find it very interesting that Verb has said all along that they were building a robotic devise and SRI was doing the heavy lifting and as of late they no longer are building but rather focusing on software/data. WTF??? Smoke and mirrors without a doubt.
Long and stronger than ever. GLTA
I am under the impression that the investor approved RS deadline is March. Does anyone for sure? If I remember correctly it was only approved for one year. Thanks.
Happy New Year, Team Titan. I just pulled a 40 year Macallan out of the Sherrywood box waiting to open it in 2018.
Question for the board- Does anyone know exactly how many working prototypes we currently have. We all know of the three placed in the COE's but I was under the impression we had 6 or 8 working prototypes. Thanks
Thanks again BigT and Flendy for taking the time to meet for lunch. You guys are really great guys and I appreciate your input and DD. It was really great meeting you both and I am really looking forward to 2018.
Sounds good. See you guys tomorrow. Thx
Yes, I can make it work. See you guys this Thursday at Javier’s. Looking forward to it.
Thank you Flandy. I hope you had a Merry Christmas as well. If you and BigT meet for a beer or lunch again I would be happy to join you two. I live in Hermosa Beach and making a trip south to the OC is no big deal. Anyhow, I believe 2018 will be an amazing year for us all.
Happy New Year,
Longmoney
Epic? This is getting really hard to watch.
I hope you all have a much better 2018. Merry Christmas!
lol! Im in as well.
Merry Christmas to my Titan family. Cheers to 2018!
Appears these analyst want out and trying to pump it.
Nothing pisses me off more than naked shorting. It should not be allowed whatsoever. However, naked shorting is not the elephant in the room. TRXC spent tons of capital building Surgibot which failed and had to be shelved. Then Pope purchased a failing system (Alf) for pennis on the dollar, gave it a name change to try and fool people but that did not work.
Here we are today and he’s at the point of having to sell assets (Surgibot) again for pennies on the dollar which only gives them an extra month maybe two months to cover their massive cash burn. Let’s not forget the 5 million bucks in stock Pope and the CFO sold at probably the highest price this stock will ever see again. Folks, I am sorry but TRXC will be in some serious trouble come Q2 2018. If not I will be the first one here congratulating you all for seeing something in TRXC which the market did not, including myself.
Pope needs to be removed But I don’t think anyone could come in the turn things around. Pope has two failing products and he knows it. The name change to Senhance was a real slap in the face thinking you might be able to fool some people. Isn’t rebranding a very popular way to go when you have a failing brand?
Anyhow, I’m sorry for the longs here and the naked shorts can pound sand. Happy Holidays.
lol... Agree. I was very happy about the feedback.
The market is generally short here due to the fact that Senhance can't sell and now we are talking about Surgibot again. Best of luck to the Chinese distributor getting that thing cleared and actually selling units.
I won't be surprised one bit if Surgibot gets a name change soon. I think its time for Investors to kick and scream to remove Pope because at 2.2 milly a year in compensation, he isn't cutting it.
Anyhow, best of luck and Happy Holidays.
I think it’s due to how the last raise was handled. Have a great Confrence call, let everyone know we have plenty of money to get through Q1 2018 and then blindside us while the momentum is hot. It really pissed me off. However, I’m very happy that SPORT is performing well and 2018 should be great for us. I really would like to see organic graduation off the OTC backed by warrants in the money.
Long and strong.
Happy Holidays
Already read that one which totally makes sense. Right now I am looking for info regarding the "Large" Chinese firm who picked up Surgibot for pennies on the dollar that some here claim there is plenty of information on.
Who is GBIL??? A Chinese firm based in the British Virgin Islands is all there is out there.
Lol. Please show the board your expert hound dog like DD skills with some info relating the “large” Chinese firm, Great Belief International Limited (GBIL).
All I found is this article
https://finance.yahoo.com/news/news-caused-transenterix-apos-stock-161800908.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZAM2dHRuNjlwZDNpY3IwBGcDZFhWcFpEeHVjejQ1Wm1FeFltWmpOQzAzTURWaExUTXhNV0l0WVdKbE5TMDFZVFU1WTJRME9UVTJZemgxZFdsa1BHNXpQbFJTV0VNPQ0KBGxhbmcDZW4tVVMEb3JpZ19sYW5nA2VuBG9yaWdfcmVnaW9uA1VTBHBvcwMwBHJlZ2lvbgNVUwRzeW1ib2wDVFJYQw--?.tsrc=applewf
Let’s us know when you find some real information regarding the “large” Chinese distributor.
they will hold out forever... Have to give Pope credit for dumping the unapproved Surgibot to a no name chineese company for pennies on the dollar rather than diluting shares before then end of the year. TRXC just bought themselves another month at the current monthly burn rate. Well done.
Are you still expecting a buyout PR tomorrow? Thx
Like!
I hear ya. Im no expert by any means but I would sell and take the loss for tax purposes this year and if things turn around in 12-18 months get back in. Insider stock sells in this situation is sending very strong signals to the market which is why the stock is being punished. Best of luck.
I hope you are correct but, I really think the most recent puff PR is signaling everyone that sales will be very slim at its current state so more money will be needed to enhance Alf.
I have to give Pope credit for his latest puff PR. Woking towards more indications in early 2018. Why not Put all your efforts and capital towards selling couple units before you go back to tinkering with Alf? Most likely going to see a raise in early 2018 is what I got out the the last PR.
Trxc is beginning to look like a personal ATM machine for Pope and company.
Not again!!!!! Didn’t this already happen once this year?
Don’t you think the share price would be headed in a different direction if the buyout which you have claimed to happen everyday for the last month? Usually share price spikes due to someone having knowledge of a buyout...
I don’t think we should be worried about posts regarding a buyout at a certain price per or what is being deleted here. I have had posts deleted for asking the tough questions regarding trxc so it goes both ways here.
One thing we can be certain is a buyout will not happen anytime soon and I am pretty confident members from this board can understand that. Right now the hurdles for trxc will be sales, getting a handle the burn rate and restructuring the 17 mil in debt. Keep in mind Senhance has been given FDA approval and no longer considered an R&D company so all eyes will be on sales. Based on the very dismal sales over the last few years I don’t understand how things will change going forward.
Thanks for your response regarding sales. Your statement makes so much sense. Per Pope, very slow sales cycle 12-18 months.
Do you think this is sustainable for a company with a pretty large monthly cash burn and 17 million in debt? Let’s hope the sales cycle is not as slow as it has been in Europe for the past few years.
Would consider the sales numbers out of Europe over the past few years as slow? Thx
Why would Pope PR a heavily reduced sale just to get hammered by short sellers and bad press? I guess We will all see what the sale price was during the next quarterly call.
Lets talk about the $5 million in stock sale by Pope and the CFO. Why sell more than half of you stock if Alf is poised to be a competitor to ISRG? Also, did you read the Motley fool article? Seems to be right on the money.
What do you think is healthy in regards to sales? Trcx has a massive monthly cash burn and lets not forget the 17 million in debt... Best chance for TRXC is is a partnership going forward with someone other than a tray supplier.
read this:
The Senhance is a relatively old surgical bot. It has just been approved in the US, but got European approval back in 2011. Compare that to Intuitive Surgical’s (ISRG) Da Vinci X system just got approved earlier this year in the US and Europe. However, the Senhance hasn’t been very popular in Europe. As stated in this article, TransEnterix has been marketing the Senhance since late 2015 when it took ownership of the robot, and has only sold three Senhance robots over the entire continent. We wondered why this surgical robot has been so unpopular among European surgeons.
Seriously, when do you think we start seeing some real sales here? Not give aways. Actual sales in the USA. If the product is that good it would have orders coming in like crazy.
Don’t bother bobby, this guy is so out of tune and it clearly shows why he’s invested elsewhere. Putting down the surgeons from this board is absolutely ridiculous. The have one doctor on their board and he is a real winner. Check his posts out. (Dr_ Biotechguru). It’s pure comedy...
Come close of Q2 2018 every single one of them from down the hall will be here trying to recapture the massive losses incurred over there. The writing is on the wall.
Great read about the surgical robotics space.
https://health.economictimes.indiatimes.com/news/medical-devices/da-vinci-leads-the-way-in-global-robotic-surgical-market-says-globaldata/61987452
Okay, We shall see the fate of trxc no later than Q2 of 2018. If they continue to struggle selling devises I can’t see things all the sudden changing especially with disruptive products on the horizon.
The selling of stock by both CEO and CFO to the tune of almost $5 million combined is not a good sign going forward. Pretty much a slap in the face of investors. I would hope for one more pump and get out. If all the sudden trxc turns a corner with a partnership or starts building some momentum with sales to back it then get back in.
Lol... I would love to meet you two for lunch next time. I live about an hour north in Hermosa Beach.