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Not in current format.
BelizeMe
At least with Mimic, the future for robotics is through the vaginal approach. Only 5mm for scope above and uterus or nodes removed the vagina.
Personally, would never have a SP used on family. Incision is too large and can have hernia complications down the road. I would have a good gyn with straight stick traditional 2 x 5mm instruments and 5mm camera with specimen removed vaginally.
Don’t even have to close the fascia of 5 mm ports and virtually no scar. Also less time under anesthesia. Robotics from above for GYN is a marketing gimmick… and that goes for any companies robot.
BelizeMe
Ummm, that would be illegal to purposely suppress PPS .
Keep your finger on the reset button of your counter for a buy out, your going to be hitting it in 141 days.
BelizeMe
Had 10 yrs … twice as long as CMR, Hugo and still can’t get it done. Seriously, this company has trashed a multi port robot, said they were two months away from IDE submission on SPORT (delayed a yr) and now delayed again Enos which is
SPORT ll. This isn’t their first rodeo or delay… it’s their MO.
BelizeMe
Sarcastic? When is ANOTHER delay in timeline of 2-3 months good news? Name one thing in the PR that people didn’t already know other than delay?
For the daily Titan cheerleading squad that was counting on BO by years end guess that’s not happening… and if the dems take House/Senate in 2022 those holding traditional shares outside of a retirement account could be looking at a hefty tax bill on capital gains with any decent BO. If BO first quarter and taxes increase by eoy blame it on McDilly for missing another milestone… Seems to be a track record… Whenever he says the robot is going to be finished or puts out a timeline for submission for FDA and has to show his cards all he has is two pairs (and not the same 2 pairs).
BelizeMe
Not saying today. Give it a little time for the news to get out and digested. Sad really that McNally can’t get this over the finish line without ANOTHER delay.
On the bright side people can probably load up and max out their Roth IRA‘s with still low price shares beginning of year.
Rocko’s predictions of 3 to 4 $ in September look about as doable as $1.18 by HC.
BelizeMe
Delays, Delays, Delays, Pump, Pump, Pump.
This may break $1.50 in short term with no volume with added months delay which they have known was coming for a while.
OR Nurse, you can reset your countdown clock to January, not sure of year.
BelizeMe
MDT is most likely validating that all facets of ENOS can get through FDA before POTENTIALLY either expanding a stake in Titan or acquiring. Remember, Titan does t have the best track record with software (which is the core of a robot) OR hardware.
But you can’t develop an Endoluminal device in a year that would need new micro arms that have different needs, completely different camera systems and sensors, and an entirely different set of software and hardware.
Their is also a possibility that MDT got what IP they wanted to include in their own robots. Sharing some IP such as a camera system or similar with another company is not a deal breaker in complex devices and is done all the time in surgical devices. If this is the case, and there is no enhanced agreement come October, no other players show interest then I think the PPS will suffer greatly as people will know this is a year plus out… Again, and Significant dilution will be coming without a buy out or agreement.
Rocko always overblows the premise that a company can’t compete in the future without the “bundling of robots”. I’ll give you an example. The highest $ makers in an OR is orthopedics. All the big companies have joint, trauma, spine offering yet very few companies have all the business in all three segments And that is without the requirement that robotics half of purchasing $1 to $2 million of robotic capital devices as all the ortho companies can sign the capital instrumentation for all of those devices. Most big hospitals still have multiple total joint companies and spine companies with their products in their hospitals. Having multiple companies actually provides more leverage than using all one company. When you put your basket in one large company, they raise the prices across-the-board and then discount off and inflated list price. With nothing to compare to or compete the hospitals and patients suffer. GPO’s or a perfect example of a lazy man’s poor negotiation platform.
Hoping for the best but there are absolutely no guarantees that this is a done deal. I wouldn’t start in a countdown for retirement in the next three months.
BelizeMe
Titan will deliver Endoluminal platform end of September LOL …
That’s one of your best one’s yet. It took Titan 10 Years to get any robotic platform to market out and it’s still not out. It’s a harder to shrink components for micro surgery then you may think. You don’t simply plug it in a 3-D printer.
BelizeMe
ABSOLUTE CRAP. He made exact same bs prediction in 2014… oh wait, only someone that’s been in this from 2014 would know that. Or, if someone who did the tiniest bit of dd and scrolled down to the first post.
And if this goes for $12 your happy?
BelizeMe
Jun. 30, 2014 9:07 AM ETTITXF7
Titan Medical (OTCQB:TITXF) will be acquired within months if not weeks, for more than $12 per share.
ORMedDevRep
24 Jul. 2014
Comments (3)
On April 3rd, 2014, you made the following prediction --
(I am increasing my buying sentiment on TITXF and taking price target to $15 within 6 months. I believe an full acquisition of the company or a substantial commitment on orders for 2015 will be announced. Stocks: TITXF)
**** You have 3 months left and it doesn't look good. TITXF is at 2.32 which is so far away from $15. ****
On June 30th, 2014, you also made the following prediction --
(Titan Medical (OTCQX:TITXF) will be acquired within months if not weeks, for more than $12 per share.)
Is that before or after multiple dilutive raises for money needed to get through FDA??
BelizeMe
What you don’t go into is ramifications of option #1 which would be complete decimation of longs due to massive dilution raising funds to go to market.
#5 It’s not even a feasible business option for discussing. Can’t happen, won’t happen.
BelizeMe
Simple, all Titan needs to do is pay off the $1.5 million MDT loan and forgo any $ associated with remaining milestone 4 achievement.
I thought 66 said they were having secret meetings without the MDT representative, meaning talks with other companies. What were they talking about the weather?
BelizeMe
ISRG is so concerned LOL. If they were so concerned they could take this thing out at any point and they haven’t.
BelizeMe
Dow continues to break record highs. Not bad after posting the best first 100 days in the stock market of any President in 40 years.
Titan Medical Inc … down 50% off 52 week highs… Summer doldrums… It’s milestone 4 or bust.
https://apple.news/AYZxtYC2VQT6XkhePEnTQHA
BelizeMe
Thanks for offer. I did average down but I’ll pass on your Vegas invite.
Prefer beach and ocean to cactus and concrete.
BelizeMe
Hilarious. Enos is not 2 to 3 times more valuable than any multi port. In the end, in
Total volume four a company if they had a nose and a high quality multi port the multiport volume overall will do 60+ percent of the cases easily. Any valuation will reflect that …
A good multi port can do ANY procedure. SP, including Enos CANNOT … even with the flexible arms. Add the fact that ENOS only has two arms and it further limits it’s capabilities.
I suggest talking to real surgeons before making these ridiculous claims. Your claims either come from blindly supporting this stock or complete lack of understanding of the needs of triangulation in more complex procedures.
But hey, 2 or 3 times ($6-9B) The $3 Billion CMR valuation seems reasonable LOL.
BelizeMe
TOO EASY????
A decade, switching robots, RS, lying about design freeze, on-track and months from FDA, almost shutting doors, no transparency, massive dilution, no questions at meetings, and dead money for 10 yrs in biggest bull market in history.
Those 10 yrs were a bust, if you didn’t average down your F’d.
Easy to me is sitting on a beach with a cocktail, relying on Dicknally to finally do something right is not easy, or guaranteed as many believe. 50/50 chance of worthwhile buy-out vs more massive dilution and this going to a buck.
BelizeMe
I think there is a better chance of a generic milestone achievement announcement and qtrly update meeting with NO questions followed by a raise the following day before it tanks after market confirms MDT has still not taken further position or bought out Titan and NO guarantee they will… means much, more cash to get through FDA and much more dilution for Longs.
You tell me which scenario is more likely to happen?
BelizeMe
The board meeting the excluded MDT was to give themselves millions of low priced options. That’s hard to figure that one out.
BelizeMe
Not yet .. only June with looong, quiet summer head with no news save a buyout.
BelizeMe
My average is much lower than five dollars but many longs average isn’t and still a bleeping joke if it goes for 10 bucks after 10 years. Could’ve made that amount and 10 times more in an equity fund with growth over a decade.
TMDI $1.56 Sept 2015 PPS is about the same 6 years later and still a year plus thru FDA if no buyout after milestone 4.
I can’t see any reason why MDT would invest further in this company after
milestone 4 as it would dramatically increase the PPS. After keeping Mac’s mouth shut to keep PPS down wouldn’t make sense. Has to either be a buy out at low price or Titan will be looking to FDA on their own and dilute this into oblivion.
BelizeMe
DRIP, DRIP, DRIP. and only June!! McNally has $2 million reasons not to care … a measly $10 buyout brings him over $15 million and Longs would lose big-time … but Dicknally will sleep just fine in his new mansion and any one of his new vacation homes. Longs will barely make a double for ten years of BS.
BelizeMe
Less than a half million shares traded and Wall Street is buying… Laughable.
Must a a broke, one person firm
BelizeMe
Except that 90 plus percent of hospitals in the US only have MP Intuitive robot … sooo NO. If you had ever been in a large
teaching hospital or level one center, or actually negotiated with the C-Suite of a health network you would understand how naive that concept is. But … obviously you haven’t.
BelizeMe
DRIP … DRIP … DRIP
Now you know how annoying seeing scoop every day!
BelizeMe
We can all take that as “there are NO catalysts to a PPS increase this summer” LOL.
BelizeMe
DRIP, DRIP
Does Mustang want to share the catalysts to PPS over summer months that McNally spoke of in their phone call?
What will keep this from consistently dropping over the next four months until milestone four? And if no agreement or buy out then money will need to be raised and for FDA and it will be done at lower and lower PPS, meaning more and more dilution for the Longs.
Feel free to tell me where I’m wrong?
BelizeMe
DRIP, DRIP
BelizeMe
Was this supposed to be a satyrical post?
McNally never lied or misrepresented? Please don’t make me post the long list.
BelizeMe
$1.80. It’s going to be a looong summer of bleeding PPS until 4th milestone in October
But hey, they way this board works the lower the PPS before the higher the buy out predictions lol
BelizeMe
All the IREP talk is just to distract from the fact that there’s no interest from the market or increased PPS going into moved up AGM. Also, to avoid talking about all the predictions six weeks ago about the AGM that were completely wrong … once again. Time to move the goal posts again and start pumping the next imaginary date of increase in PPS or buyout.
It’s going to be a LOOONG summer with no news.
BelizeMe
Market knows nothing happening during AGM except mgt. solidifying millions of options … barely any run-up to AGM. Look out below after as it’s a looong way until October.
BelizeMe
No way $4 Billion without fully cleared robot.
BelizeMe
OMG.... When will people learn ... If no announcement of MDT taking larger piece of TMDI at AGM in early June this will drop back down to $1.70 or lower over over summer. With no news, nothing to support PPS, this will drop right back down. May creep up ahead of 4th milestone but If no larger position taken by MDT by September or after 4th milestone then look out below, MDT may already have gotten what they want for the rock-bottom price of $40 million. Hope not but this could go either way.
Really disappointed that this won’t hit $10
by end of May predicted by a certain someone ... really thought it was going to happen LOL.
BelizeMe
They don’t just throw a number out and make it up in regards to options with no regards to how much that would add up to for a successful (median priced) buy out. They are negotiated between the management to fairly compensate them for a successful buy out.
BelizeMe
Ask yourself something. How much do you think a CEO would normally make in a typical buyout (multiples)?
McNally has 2 million options... with some of the crazy numbers for BO be predicted at $5-$6 billion how much money would that make McNally? If it’s way out of line with the industry then you should probably lower the expectations as the stock awards were based on negotiation for a fair profit at buy out (based on estimate $ BO).
BelizeMe
If a BO was already negotiated the last thing you do is bring on highly paid employees who will get stock options. You would be doing the opposite. To me, this means one of two things. Either they know MDT is not going to acquire them and need to find other suitors and have to plan like they are going it alone, or this could be setting up for up to two year process of MDT extending and enhancing the stake in Titan like they did with Mazor. The market also believes no imminent buyout as it’s the only red on my board. I
assume QQQ seem is also up while Titan down, who would figure?
BelizeMe
Don’t forget Design Freeze LOL
BelizeMe
Great to the chicken is back in Titan videos!
I’m confused, when a company announces a hardware design freeze doesn’t that mean they stop tweaking the design? Nothing like announcing a hardware design freeze then extending timelines two years saying there were software issues due to the vendor they outsourced with ... and then continuing to spend endless amounts of money diluting the stock continuing to tweak the design.
Can’t wait for excuses after upcoming meeting if no announcement of MDT expanding agreement is announced.
BelizeMe