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agreed.
But I guess you are a pro on FDA approval.
The didnt want to risk so needed 8 months more. There is the number.
TRXC got smacked so Titan went another route
simple math.
Gamble yes
you are not a majority holder so your voice should not be heard.
The majority holders I am sure are heard as they have warrants and do direct deals not on the open market
It sounds moronic but if it works god bless.
harrassing and black balling the company to there friends on linkdld
literally grow up i say.
This is a risky investment. The email had nothing to add to how to help only negative please please pull money from your rearend and get this to market.
Ive invested in many company;s that are pennys they go down.
Dillution is the only way. then r/s
did trxc holders right an email?
seriously. Sounds like a couple pissed off doctors who have beer goggles and are slapping each other on the back because they sent an email.
if you have that much invested. fly to the conferences and confront them
keep in mind going public with it also deturs and negatively effects any negations they want to have with potentials.
Feel free to delete this
could someone please tell me the benefit.
Some small time stock holders dont move the needle
MANY companies do and R/s and do it all aver again to keep raising funds.
you are lucky if a company does not.
this was fully expected. not sure why anyone cries now or acts like they didnt know.
by the way, share price goes up when you/if you get closer to milestones. therefore causing less dilution.
hopefully this gets the ball rolling and they can dilute at a somewhat higher price.
which is smarted.
harder but smartere.
lots of cry babys on here. greedy too.. people could have sold at 2.50 when they bought at 1 dollar. they had the chance too.
i agree.
I dont know them personally but I assume they were way to cocky and dumb a year ago. They prob burned bridges with legit partners because they thought they could go it alone.
Nobody can sit here and say they didnt at least before plan to go it alone.
that is 100% what titan thought they could do and wanted to and may even still be stupid enough tot try to do.
yes things changed this year, but if you take it back to the beginning they THOUGHT they could go it alone and cblocked other companies who legit probably wanted to partner.
Greedy and foolish
how do you change management.
Arent they all on the board?
why do people keep saying WE need to change mangemtne. we are not majority holders
the 16 i assume is jut for there operations i assume.
I dont know for a fact though. might not be the ultimatum number that head of the board dip shit at ximdeica cblocked us with though
yeh of course that will move the price. But that is 6-8 months away.
they need to issue these short term so executes know they still can make some money with a little uptick.
same as when they issued they others.
if there were a byuout then yes its a hedge, but they full on want to raise a little capital to push towards the timelines where big money is 8-10 months.
they want out of this little ripple and will claw out
nah your wrong.
The options are simply to emplyees to hedge and make them feel better.
They full on want a better price long term, but people will jump ship if they look at the bag of options they are holding and they are viewed as worthless.
they have to issue the lower ones to reflect current price so intensive to stick it out.
thats my point right now they cant so they wont sell.
They will claw back little funding by little to try and get to that level.
which is prob not a bad idea. its jut longer term.
I think Management could sell right as of today, but dont want 3-4 dollars a shares because they all think thought this was a multi billion dollar business. They want this to be a big boy and huge pay day.
So theya re going to try and eek out of this down turn and try and claw away and salavage a way back up.
They could sell out but do not want to because THEY WANT MORE
HOW CAN WE FIX IT
Who do they offer these shares too?
i dont think that is the case.
If so they would have and then issued less stock at a higher price
What was there largest raise before?
I think this will be small unfortunately.
you can buy 20 times the amount of shares at the prices than you would a year ago.
buy at .44 cents.
25 cents then selling at a 1$ is the same as buying at a dollar selling at 4$
LOAD UP>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
LOAD UP>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.
or why dont you go to Canada and have a sit down with managment
load up then
sky in falling.
Armagedon
smart guy..
wrong
at 200 million shares 20-1 would never take place
pretty sure its easy to see that china was playing games.
They demanded robots of there own and that was prob to rip off titan.
We put stock in them and it backfires but whatever.
even if they dilute they can still get it pretty far. price is relative
unfortunately this is normal
who does the offering go to?
pretty sure an offereing as i 100% expected,
its no shock
halted
why is this important
yes options to exercise down the line for employees at time frames as to re assure employees of funds.
told people. these are to give important employees that are skidish about lack of financing.
currency
you dont think all these jobs are just because people know one another from the past?
I mean not many places for these guys to go work aside from competitors
is it me or is TRXC quietly diluting each month again.
https://ycharts.com/companies/TRXC/shares_outstanding
i think people see now that is not a threat.
they were worried the last few weeks.
but seeing that is pretty bad
Why is everyone on verbs nutz now?
And how can then jump ahead of Titan who started 2 years before them
So what are your thoughts.
I'm pretty sure people have said for a while now way verb can build a robot that quick and beat titan. and then also in half the time.
Guess that is falsy then right?
and is verb competing for the same market?
ok so we are behind verb
I dont think Verb needs to be in the mix. most ivested in this stock way way before verb talk.
I just bought because some "like" verb may want to get involved or parnter with Titan.
I do also thing before i dove so deep that they did plan to go it alone. I realized this after last year, but not before my initial investment.
The back up plan for me is that I assume someone will want to buy it. But not if they dragged so long as to the other competitors to build there own faster