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I agree. Lets give these clowns more money. $200 million wasn't enough.
SCOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOP
I initially got really exciting thinking it was DSW. But of course, as with everything else that has come with Pinocchio and his company, it was just another disappointment.
Maybe you should change your username to "toolongwindedjones"
He's been preaching to the wrong crowd for how long now? Nobody on this forum has any control over these decisions. He should have been sending his suggestions to Titan management and maybe they would have gotten a clue.
Stop running through your bozo scenarios. Nobody who matters is taking heed. You're making no difference in anything.
It looks like they will literally be shutting down operations by the end of the year. Probably going to auction off patents and assets.
Whatever money there is to be re-cooped will be eaten up by lawyers from the class-action lawsuit.
McNally, of course, walks away into retirement penalty-free.
This is the end of the road. Lets add a class-action lawsuit on top just for good measure.
DickNally was ONLY working for $300k/year. Some said that was cheap for a CEO...TMDI investors got what they paid for I guess.
I lost about 60K on this piece of trash. Many lost a LOT more.
Brutal.
I thought they'd at least get it done but with massive dilution.
Turns out they won't get it done...but there will still be massive dilution.
Absolutely brutal.
Hope is a mistake my friend.
These clowns screwed the pooch again and again and again and again.
I maintain they'll get it done but it won't be pretty.
Lawsuits are coming.
Agree 100%.
I'd only add that it's more than just a joke, it's probably within the territory of legal negligence. Law suits are coming.
It was a stupid post. Then again this entire investment has been one big stupid event. With the amount of money most of us are down/have lost, who really cares about something like that at this point? But I do agree it shouldn’t be allowed.
Are you validating my conjecture? Because that study does not bode well in favor of SP over laparoscopy. Results were not statistically significant, language supporting SP is weak.
Could honestly be that single port is just not effective at improving outcomes over laparoscopy/da-vinci.
Name one thing this POS can do that the da Vinci can't. The only thing better about it as far as I can tell is that the surgeon's console looks more comfortable.
Lawsuits are coming
Never ever have these clowns shown any indication whatsoever of strategic financial thinking. For you to believe that it has all been a build-up to pull out the ace up his sleeve at the most dire moment is beyond fantasy. Get real.
I think the class-action lawsuits are unavoidable at this point. Even if they pull through in the end there are going to be lots of unhappy investors.
Rory is a HUGE piece of shit
Although I think Titan will get the job done eventually, it will not be pretty. Most people will not make the money they envisioned.
I'm tempted to say that a big announcement HAS to be coming. You just gotta figure so considered the absolute beating that shareholders have been taking for the last ~7-8 years. Then again, there has NEVER been a point in this company's history where they showed any indication of concern for shareholders, EVER. But it does ring like some kind of Christmas miracle story where Santa shows up on Christmas day and makes all the kids smile. How could they be so incredibly and totally negligent of the share price? I can't find a single iota anywhere indicating they are acting in our best interest. There is a complete and total disregard for the investors. Not a shred of remorse for the totally lack of a financially prudent strategy. Is McNally going to come through in the end and make us happy? Do you believe in fairy tales?
The AGM's are really something else, too. At times you can sense displeasure and tension, but nobody really tears into this management team like they deserve. I guess decorum and restraint win out in those situations.
What it has finally come to is the brink. We now waver between a class-action lawsuit and giving them more time to finish. A lawsuit now, no matter how appropriate, would sink us all. Does McNally know this? Is this why he presses on doing whatever he wants? Because he knows that going after him would insure our own destruction? Is he playing chicken with us?
Whatever. Longs are relying on a Hail Mary at this point. You don't want to win like that. You want to win like the Patriots win...through an intelligent, steady, controlled, and systematic process.
Not him personally. We can sue the company but that will get us nowhere practically speaking. Whatever money comes of it will go to the lawyers involved in the case.
I'm sure he's sweating hard. Collecting his 200k/year salary and could walk away penalty free at any second. Yeah he's definitely getting nervous.
Well I'm down already.
Oh look, the sentiment is changing like the wind again.
Where did you learn to do what you do? Any books, training courses, or anything similar you can recommend to me? Or is it all just grit and determination fueled by your curiosity?
Ted,
Despite all the failures and roads to nowhere, what would be your sentiment if verb managed to become cash flow positive by the end of the year? Let’s say we see another 30-40% growth in their SAAS?
I personally would be very very relieved and at that point would probably begin investing again to bring my cost average down. As it sits I don’t care how low the price is I’m not willing to throw good money after bad.
The sentiment on here changes like the wind. As soon as they announce IDE submission you will all be cheerleaders again. We knew raises were coming, yet somehow when they arrive everyone acts like we got blindsided.
I'm still a believer in the end result. My buy in was going to be anything under 1.75. At 1.00 or under I cannot believe how sweet this deal is.
Titan will get it done. The pain is almost over.
We do not deserve you, ted.
Exceptional write-up.
Titan STILL hasn't unveiled in any way, shape, or form, the major redesign they finished this spring/summer.
Not a video, not a photo, not an artist rendering. Nothing.
I thought the days of attaching warrants were over....
I was so disgusted this summer when I reviewed all the PR's from last year and realized they were all essentially a bunch of garbage. Every single "parternship" that Pinocchio announced was just him joining another company's affiliate program. The one with Oracle was legitimate but never panned out...my guess is they got a better whiff of Rory and realized he was a clown and they walked away.
Sick to my stomach with this investment.
Never again will I put money into something run by a ridiculous dope. All the warning signs were there about Rory. I bought into the hype instead of trusting my gut.
Market Makers aren't even interested in this anymore.
This is a dead cat bounce people.
Jesus, suckers never learn.
I really wonder how McKinley Oswald feels about this.
The guy built his company from the ground up into something respectable. He hands it over to a psychopathic con artist and watches as his legacy gets destroyed. Not only that he got massively screwed over in the purchase losing out on millions of dollars.
On top of all that he is now an employee of this new laughing stock dumpster fire of a "company".
Oswald must be going through a late-life crisis right now.
It will
Last one here turn off the lights
When it gets to $0.75, Pinocchio will do a 10-1 R/S. After the R/S, the price will further tank ~50% almost immediately. It will probably end up somewhere around $3.00-$3.50/share post-split. If you're going to wait to buy when are under $1.00 pre-split, then you might as well wait until it crashes after the ensuing R/S. You'll end up getting twice as many shares.
Where can I hear the replay of the call?