Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just remember that a short term gain will be taxed heavily. In six months even if we double and you borrowed the max 50k, and put it all in to Titan (115Kshares) you would end up with $100K but would have to pay tax (40%?), so now you are down to $70K....Only 20K for the kitchen after paying your loan. If the market with your 401K investment goes up 10% you would have $55K (Of course the market could crash or go up 20%). If you had the gumption to wait a year.... and the 115K shares went to 2 (I think more is in the cards), you would have 230K and now only taxed at long term gain rates of 20%... You would have $194K! 50 pays back your loan and 144K for a kitchen AND a Porsche! (Or your car of choice!). I think the short term play is too much risk/gain if you want something by summer. I have borrowed from mine for consolidation debt and I pay myself 3.5% through my Shcwab PCRA. But I can buy Titan in that account, so no touching it now, I need to maximize retirement!! What about a credit card 50K limit 0% interest loan? 3% up front cost for one year gamble.... If you can pay either way off even if you lost most of it, then why the heck not! BUT... that is putting some nads out there for your belief in this... I wonder how many would
Happy Thanksgiving to you as well! Can you just imagine all the possible ways this could look Thanksgiving 2018! Let alone 2019! Cheers to everyone. First time I have felt so positive even after a couple red days!
I am in agreement. I can't help but think any price of anything will be based on POTENTIAL. The only real measure is ISRG, who is killing it! AND, as these warrants are in place, they will buy a company that not only has the goods, but they will have an infusion of cash that will pay for the pavement to commercialization and more! It would take the cash BO and retweaking their own sales/distribution teams/connections and poooof, a multiBILLION dollar product in their control! Multibillion justification IMO. It will be so interesting to see what the street thinks when we get on NASDAQ.
I have a question for you all... 3 years ago, chatter of buyouts would typically be in the 1.5-2.5 billion range. That was when our Shares Outstanding were much lower and people were generally talking PPS at BO of anywhere between 8-30!. Now we have twice as many shares with the warrants factored in... AT that time ISRG had a MC of 16-18 Billion.
NOW, ISRG has a MC of 44 Billion! Almost triple what it was then. Does the potential BO of Titan now reasonably take a double or triple to what we considered market indicating then?? Is it reasonable to assume the "space" we are in is now a 4-8 Billion BO potential?? Are we hanging on to the 1-2 Billion number and not considering the growth of this sector?? As a perspective, Stryker bought out MAKO at 1.65 Billion in 2013. Can we look at the MC of ISRG as an indicator of worth and if so to what degree??
From the horses mouth
I think I billion is a VERY low number if they pass FDA submission. Even low prior to submission... Prior buyouts for things with much less potential profit have gone for almost double that. I think based on current share amount of 500million, we should expect 5 to 10 based immediately around FDA submission. I think they hold out to receiving the go ahead nod from the FDA... the work is already done at that point. A 5-10% valuation to the ONLY current competitor is realistic. 2.2-4.4 billion. ESPECIALLY now that we know VERB is NOT competing with their own platform!! To me that is huge! Of course, that is a full BO, not a merger blah blah blah
I will go one further and say, I don't see it as puff pieces. These are necessary statements made by professional physician/scientists attesting to the fact that it works at the functions that they will need for live surgery... It would almost be odd to hear a "F'n eh!! This thing is awesome! Woohoooo!! In your face ISRG!!" attitude. These are professionals. Advencula specifically does a LOT of work with ISRG and lectures around the world... He needs to be pragmatic. And he STILL said, he was excited to work with Titan on this venture.
These are not puff, they are REAL and NECESSARY statements to put out for where we currently are. I was not happy about the raise, but I am very happy that there is clearly a plan in place. The VERY NEXT day, the price was given and it filled, showing us there was a sure thing out there Mc decided to grab. Now this with EURO following. I am totally ok and feeling very good. More money is being transferred and I am going to get to that magical even number. I bet if PPS doesn't go up, we will see a hold on the next "potential" raise. I think at this time there is a basement of acceptable raise... we are there. Last time to buy at this PPS IMO. I of course wish I knew I was 100% right!
LOL! There will be a lot of interesting stories in that circle! The good thing is the addiction will be over and many laughs will play out over desperate stories and posts! To be able to freely talk about it amongst my peers without the look of foolishness cast upon me because I am heavily invested in a OTC stock! I HOPE!
Had boh BLOZF and BTHCF and was hoping for a move so I could sell and get more into another stock with promise.... SOLD last month and that stock has doubled, so I can't be unhappy, but I am floored at what this has done and am bummed I got out! Congratulations to all of you that stuck it through. Awesome...
Wow! Late to the party and must say surprised.... Mostly that there are warrants attached! WTF We have enough warrant money potential to get us BEYOND commercialization according to the financials. WHY MORE NEEDED? Especially now with the momentum... VERY odd. There better be a good story and reason for this or some much needed gained faith will be lost. News better come fast so the unknown doesn't get people to start selling off... could get ugly if people start trying to diminish loss and buy back later. BS! Just so someone can say week hands will be shaken out... Its not always week hands! Its called hard earned money that we don't want to lose more of! Wanting to be long and strong...
I was so wanting to ask him that! Also think the strong statements of SPORT working as is is HUGE too! This could really mean the padded timeline fo effectively change things will move up and we get a surprise submission a couple months early!!
It was very good to hear him say and the way he said it, about institutional investors... They have talked and talked and they are ready to pounce when the timeline is crossed and we are on NASDAQ. BIG confidence to know if we R/S and list on NASDAQ (not sure how fast this can happen), the price drop scenario that worries some and may keep them waiting to jump in until after R/S is not going to happen... If anything, it is the moment that this will skyrocket. He said they are savvy and understand the potential here. Also the understanding of timing... I don't think another raise is out of the question, but it sounds like they are diligently aware of timing things in such a way that it may not be necessary... Partnerships are on the table and talks HAVE and WILL continue with potential suiters, but the timing has to be optimal for TITXF... Yes, all things we want to assume, but to hear it and know we are in to Q2 is huge. The financing issue is more settled... I think that is the excitement. We are one year away from FDA submission... on track. We have money for over 25% of that in hand with more from warrants rolling in every day...
Great and confident call. Bummed i didn't get a question in. The vision is there, I am guessing they will wait for a couple months to see what kind of growth in PPS there is and potential warrant money by the end of the year. If not enough.... a raise. If 4-6 million we wait it out and let the growth continue.... He hinted heavily that partnerships are on the table. The timing has to be right to jump at the best one. I would guess with a very confident FDA submission, the partnership will come and the PPS will hit the roof. One year from now and we see PPS 5+. YES!
My prediction for tomorrow as long as everyone is putting in their two cents!!
1. Review the financials that we just got last week but clarify the actual amount of money in regards to the vague dates on the press release.
2. An update on the continued warrants exercised and the amount of new money infused not included on the prior press release. And a convincing speech to encourage all warrant holders to play.
3. Affirmation of SPORT in all three facilities and fully up and running
4. Dr Advancula from Columbia makes a guest appearance and talks about how awesome SPORT is and what it means to the future of his specialty
5. Perhaps a representative from the physician group of investors talking about their test spin with SPORT
6. Mcnalley suggesting he will try to raise capital with no NEW double dilutions
I just am not thinking any big announcements to be honest. I think end supplier contract will come after the animal studies/validation studies are done. I'm thinking a nice end of the year announcement.
I think partnerships are being considered, but this next six months may give us more leverage to create a better deal for the part of TITXF. Now is a little too soon to maximize...
I think with warrants and another small investment group, we get to July 18, pre FDA... The "other" company ran to a MC of 700million preFDA. I think we have 50% on that and could be pushing 3-4 PPS within a year. 3/1 R/S at that time or uplist without if possible. Then the speculation goes bonkers and the MC goes to 3-4 Billion (less then 10% ISRG)with peaks and valleys. The post FDA MC stays in the same range with speculation on Mergers, BO's or independent growth. I would love independence and to see a MC of even 30% ISRG within 5 years... PPS at that would currently be 30 based on 500 Million OS. That is a lot of wealthy new MILLIONAIRES from this board!
Tomorrow just affirmation and a little extra nudge with guest appearances or written statements IMO...
I think there are all types on here. The docs tend to be very pro TITXF because we see the value and advantage of SPORT. The other companies mentioned are necessary at times to know the competition, but some push them for their own personally reasons... these are the "traders". All new information is welcome and talked about by all if it is legitimately causing concern for TITXF. We have traders, doctors, nurses, techs, sales reps.... by no means just a surgeon board.
Would it be possible to have monkeys fly out of his ass!!?? Because if so he would go to a Vegas and the PPS would drop....
I just spoke with the ISRG rep, and he explained to me that ISRG is waiting on the release of SP specifically to the timing of competition. That is great because they view TITXF as REAL future competition. They are killing it now with the options they have. The SP will be offered in many forms and it can be added on to the current xi, but will be available for purchase independently... they are currently working on getting the price point down on this option, again to compete. The next generation for solo SP will have a smaller footprint/more mobile option. The idea is to offer an array of packaging deals for hospitals and have products that they will compete with other platforms... Conclusion: ISRG is not going by the way side. They will compete with TITXF and vice versa.. The area of growth is just huge for both and there is enough room for both no worries.
THE UPSIDE. He sais ISRG truly welcomes SP competition and thinks it will validate the area that much more.
MORE UPSIDE. We have some of the busiest Gyn robotic surgeons in the country. He said that they personally know Dr Advincula very well and can attest to the fact that this guy is BIG. He has commented to them about SPORT and without specifics has said nothing but good things.... They and the rep as well are now big TITXF investors. Also, no worries about the only other current competitor out there. everyone's view it is a joke. TITXF is the only real competitor with of course other lurkers along the way in the future.
MORE UPSIDE. Talking about the Nicholson Center and the fact that it is a huge DaVince place and the surgeons we have there and at Columbia are HUGE DaVince surgeons. The respect and opinions of all involved will carry big weight and move SPORT forward. As long as there are no glitches and financing issues that kill the timeline, we are sitting on the ONLY current legitimate and welcomed competitor to the currently only $42 BILLION company out there.
Next year we submit to FDA. In a year's time we are looking at a lion coming out of the cage. It is exciting. And yes, the new video has some great footage SPORT 19! When I saw the one arm go around and UNDER the other to move/grab tissue, that was an instant GAME CHANGER moment! Straight articulated sticks can not perform that maneuver! Stuff like that may negate the need for a third arm!
Interesting fact with warrant money and the recent correction/probable selling of executed warrants.
Approximations here...
We brought in $8.4 million, Canadian and utilized 42 million shares to do it. Many most likely sold back in the market for immediate profit. Causing selling pressure and PPS drop
If we organically grow with good news to a Canadian $1 which is approx .78 USA. We can start to initiate over $30 million, Canadian, potential revenue while issuing around the same amount of shares 45ish million.
If we then grow to a USA dollar we can initiate another $25million, Canadian while only issuing 22 million shares.
All shares ALREADY baked in.
The next round of growth will be sooooo much more valuable to TITXF. The amount of money brought in will carry us for much longer and thus give us a much better capability to have time to absorb the resell and subsequent potential drop in PPS. The news has to be utilized intelligently to combat the amount of shares sold back for profit. Maybe today is showing us that the major force is over and it is time for news to start rolling out to get the price up past the next level of FINANCIAL support.
You are a grotesque tool if ever I saw one. You are the lowest of trolls with negative selfish intentions. Hell is warm buddy....
Founded in 2014... Good luck having things ready by 2020!! And pneumatic robotic arms will be an issue with infection control They will have to show proof of big time. Sometimes engineers don't consider what goes on in the sterility of the OR environment.., but that is going to be big time suspect. Maybe not in Japan, but here in the US, FDA will have a hayday with that alone! There will be many platforms come to play, but not every one will be successful. Thanks for posting.... we need to know of ALL potential competitors.
In addition at the peak of TRXC preFDA, the MC went to 700million. So numbers are wrong and comparative speculation is wrong all over the place. I think the last two days of trading has showed us that the purchasers of warrants are selling. I predicted that at least half would be sold for immediate profit taking... THAT is a lot of volume pressure on the sale side. There is going to be a lot of buying pressure, but MOSTLY after good news. News excitement fades fast but the ability to retrieve 100-150% gains can vary unimportantly to maximizing gains.... like someone giving you $100 NOW or $150 "pretty soon" Many will take the 100 NOW! So we will see this pattern... Unfortunately it could generate enough of a pattern that the sell volume goes higher than normal because "traders" trying to play the waves of PPS. MGT needs to be unpredictable with press releases to avoid this as much as possible. The more predictable they are the more manipulation by traders... But expect the PPS to fall some after every news cycle sometimes in unpredictable ways because we don't know when warrants are purchased real time... To continue growth, this needs to be a very thoughtful execution of information/news. I think McNalley is aware and will execute
Like you latest commentary much better... I am in the thinking the BO could be anywhere from 1.5-6 Billion with justification. I agree with your assessment of total SO being in the 500mill range. So PPS of 3-12 based on pre FDA vs pos FDA vs some level of promised purchase and Chinese distribution vs VERB involvement which could kick it up to 7-8Bill with the excitement of it all. I am personally hoping for PPS of 7, but only for my personal paradise.... not sure if 3.5 billion is in the cards. Seems like only 8% of ISRG current MC is reasonable though given the potential future.
Yep.... I read that and thought hmmvmemrmbmmmm
Today was truly another great day. When you think about the up and coming news to be out before year's end and beyond, it is easy to be optimistic.
1. SPORT assembled and placed in France
2. First cases done at Columbia University with commentary from some of the brightest in all areas...Especially Gyn where I think SPORT has HUGE potential
3. Financial news showing more warrant money and funding through mid 2018 and close to FDA submission
4. Plan for human trials announced.
5. Start of human trials.
6. Engineering freeze of design for FDA
7. Pictures and videos at all three centers
8. Review articles about SPORT and SP advantages in journals.
9. Longtai and warrants and other minimally dilutive $ raises
10. Comparison reviews against ISRG and the only other TRXC.... Positive for SPORT
11. Uplist to NASDAQ whether after RS or organic growth
12. Rumors of BO/MAs
Enough news for major push in PPS every month!
BUT my favorite
13. List of new multimillionairs from TITXF investors
ALL IN THE next 12-18 months!! Lots of action going on in Titan land. GLTA
I have been talking of warrants for several months and the logic of owners using them at this point. IT IS AWESOME TO SEE THAT IT IS ACTUALLY HAPPENING!. More will only continue to come in and this is yes a HUGE vote of confidence for SPORT and this as an investment. Many times warrants are truly worthless. The financing is getting tuned and the bots are in place... So much news to come in the ensuing months from more warrant updates, to studies, to opinions of experts, to pics/videos... The excitement is amazing. My big question is how many purchasers of the warrants will hold and how many will sell for immediate profits. I believe it will be a combo and thus cause some stifling of PPS along the way... But with this much interest growing, the climb is imminent!!! Pre FDA I predict PPS of 3-5 easy. That is in 12 months. YEEEEEEESSSSS!!!!
TRXC hit a MC of 700 million pre FDA... Your assumptions are negative mojo and most likely very wrong.
Got my order in for tomorrow...
If you were smart and truly INVESTED in the company you would exercise your warrant to help your company, thus help your investment. If the company started to tank for any reason after you owned your stock you could sell it for the gain you currently have. If you just had the warrant you would be too late to the party and have no gains. If the company was a wild success you are gold either way and you can pat yourself on the back for being a part of making it happen. LOGIC actually dictates you should exercise your warrant as soon as you are comfortable with the current gain you would own. Safety in time only assures you that you will have zero in the event of total failure.
There has been some that believe warrants will not be filled and we should stop talking about it.... HOWEVER, it is in the companies best interest to contact warrant owners and let them know that their warrant can be successful based on the SELF FULL FILLING PROPHECY PRINCIPLE! Just inherent in filling it they boost the revenue and strengthen the financial backbone of this beast! The financial question and possible dilution is the ONLY big thing that lingers in minds of doubters at this point. We know that there will be competitors... We know FDA can delay us... BUT ONE competitor TRXC just got approval and they suck! NO surgeon investment groups running to them! No rave reviews from the Nicholson Center. No partner with Columbia. EXERCISE YOUR WARRANTS IF YOU HAVE THEM. YOU WILL MAKE MORE MONEY WITH MORE CERTAINTY.... The more of you that do it, the more others will and we can be fully financed with minimal dilution. Everybody's bottom line is improved. BIG TIME. We could be sitting at PPS 5-10 within the year if going into FDA submission without more significant dilution. It is very exciting to think about and very real.
Steam rolling news is what this is. This is the catalyst in both confidence and the ultimate domino effect of financing answers. I'm so stoked!!! I wish like most I would have dumped the mother load at .10! We are finally going places my friends!! There will be many stops for people to get off, but WE ARE GOING PLACES!! Places NORTH!!
I think with future potential growing every year in this industry, and the fact that ISRG is at a 40Billion valuation, we should look at up to 10% of ISRG as a goal from the start. Within 5-10 years a company using SPORT will be at a 40Billion world wide valuation potentially. I think that is worth 4Billion currently, and with the current SO/Warrants, that is PPS of 10. If we have the luck of a couple suiters competing, this could happen... If they wait until FDA approval, it might be close to that whether they like it or not (given we are on a major exchange/NASDAQ). Perhaps, I dream but a 6-10PPS would seem realistic. I would personally like 8 or above...
Yes, your shares would be cut by the number of split 100K shares in a 10/1 would give you 10K shares in the end. If the initial PPS was .4 then the after split PPS would be 4. You still have the same money and relative percentage of the company. Some fear it is most common for the PPS to fall from the 4 after a split. Mostly for psychological reasoning... when used to 0.4 even 2.8 sounds good. Of course it is not and of course this doesn't always happen.
http://www.titanmedicalinc.com/wp-content/uploads/2016/06/TITAN-MEDICAL-INC-WARRANTS-July-31-2017.pdf
This is the chart for warrants. I know several have said that we will raise no money from warrants, and I understand the reasoning. The expiration is way out there, so why take the risk now??? BUT, one set is about to expire at $1.25 Canadian in March 2018 for another $5.2 million Can... The low cost warrants issued this last year are able to sit of course, but I see a CAMPAIGN by Mcnalley to encourage owners to take the option sooner than later. Reasons
1. $11.8 million Can sitting at .2 Can be exercised and sold for a profit NOW if you want. OR sit and wait and help YOUR investment NOT be diluted anymore.
2. $9.4 Million are sitting at .4-.5 Can and are close to being in the money for the same campaign.
3. $14.3 Million are sitting at .75 Can
Just these can bring in over $35 Million Can. I think that reaching IMMEDIATE PPS of up to .75 Can is possible with news of SPORT set up in Columbia and France. Initial evaluations by the Drs there PRd. More videos. An announcement of the plan for human trials and the start of them. PUBLISHED initial studies. ALL things that will happen soon anyway.
If a perspective of financial advantages for warrant owners was presented in a clearly convincing way in order to avoid another 200+ million dilution that would dumb down THEIR investment was made, we can get to the human trials with no more raise and 11.8 million infused from the warrants that are currently in the money.
IF we had warrant execution and cash of even close to $35 million Can without dilution, the PPS would sky rocket and the other warrants could be given the same reasoning. ANOTHER $44 million+ Can can be had and we are set. With enough to start our own commercialization team (of course to just up the bid price to potential suiters).
I think it is possible to NOT dilute or minimally dilute from here... This helps US, helps MGT, helps warrant holders. It is MUCH MORE CONVINCING for them to execute this plan with the news of this past two weeks. SPORT IS REAL. IN HOSPITALS. RAVE REVIEWS FROM TOP SURGEONS. YOU CAN TOUCH IT!
There may be no reason to execute warrants now some may think, but I think a campaign by management must happen, and if done, will definitely win over many...
I would love to see no more dilution and know my investment whether we R/S or not is solid in it's worth.
WOOHOO!! Yes, this is fun to watch. Such great news this last month. Go Titan!
Might as well dream big and talk about it here on IHUB... The new Mayo Med School would be awesome. In Scottsdale and going to be huge for the area. I interviewed for my internship at the Mayo Scottsdale back in '92 and was impressed then, but it is a whole different facility now. Scottsdale will draw more money and people then in Minnesota IMO. I spent a few months of critical care there in the F'n winter and it was miserable... I think the team will place it in a good facility, Mayo or not. Three validation facilities followed by human trials and I think we could be looking at FDA submission sooner than the said plan. GLTA
The Mayo is starting their new Medical School here in AZ. It would be awesome to have them buy new research space and start a training center for robotics.
I spoke with a ISRG rep today. One with world supply chain experience. He KNEW VERY WELL about Titan and this latest release and video associated with it. His take... There is a ton of growth potential in robotics. From what he has seen, SPORT looks like an awesome product. They invite the competition for validation in to future growth. His only concern is financing for SPORT. They are aware that TITXF is poor and in need of money. It would not surprise me as I have said before, they will short the crap out of this to make the financial path as difficult as possible. They know it is the real deal. I think the money will come, but at what cost to us all is the question. How much dilution?? If we can only dilute another 100 million, then a 2 Billion valuation or buy out would equate to a PPS of 4 assuming all warrants in play. Far less than the original dreams of 12-20, but the higher ISRG goes (almost at 40 Billion now), the higher potential Titan has and we could be looking at a 10% buyout of 4 Billion. That brings us a PPS of 8. The only way to combat dilution factors is to load up. The more you have in the game, the more you get out. When will a financing come?? who knows... Could be tomorrow at .18, but could be in month at .50! That is the gamble of the market. I should have bought more at .12 clearly, but I am adding now, because we are legit, and validation is occurring. PPS is IMO as low as it goes darn it...
Sweet. Thanks! The word is getting out and research will be done and pps will rise!
No bad news today.... I am responsible for most of the sell pressure... wanted some funds out to plug into another fast moving target. 75K out... just didn't want worries to wonder in the wrong direction... Still holding a significant chunk here.
Wow, Titan is on it's way! Before my morning coffee too and I have a big smile. Only bummed I didn't load up more sooner. We will be in the money with FDA submission around the corner. Like a bizarre dream after so many years...