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Yep. Not buying it. However, With zaring, no non compete, curious timeline change, and complete radio silence by all titan folks it does raise a few eyebrows. It is one of the few rumors that actually isn't ridiculous. BUT, its very likely going to be just another day.
I am VERY curious to see what MDT unveils though. Can't deny that. But nice try pumping the 24th...
Reached out about a week or two ago and no response (almost always get one).
With everyone talking about 9/24, just curious what peoples expectations are for that day? I am not one of those who thinks Titan will get a mention, partnership, etc, etc. However, come next year I would not be surprised at all if there paths crossed.
What's a victory for Titan on 9/24? MDT announcing SP tech? This would validate SP and the need for Bigs to jump in. Or would this be viewed as bad since they won't need Titan for SP and just one more Big (ISRG) to force titan out (MDT and ISRG can eat up the whole SP market).
Like most expectations it probably won't move the needle either way for Titan on 9/24, but at least we will get to see someone else's cards.
GLTA
Your joking right?? WAY bigger market opportunity for Titan then Auris. Give me the company with 8 employees, an FDA/CE approved device, and billions more opportunity any day.
Anyone have a link to listen in on this thing tomorrow?
You really sniffed that one out. What part of a friends colleague got approached by him to come to titan is not getting through
Had him over for dinner and a game of Euchre...
You should know the med market is a small world. Already mentioned he tried to poach a friend of a friend to come over to titan with him. Worked with him for years.
Please stop teasing me with this sub $1 stuff. I want one more buy, but I am not that lucky.
When Titan doesn't eventually get bought out, or doesn't get a chunk from all there patents, or when they finally close there doors because of bankruptcy then I'll feel I got burned. Until then, sell me some cheapies and let's see where were at in a couple of months.
That's not it at all. Zaring left on good terms with MDT.
At this point, yes I think it's a good deal for Titan. This explains at least some of the reason for the delay. If a small delay allows them access to 35 mil, almost complete control of terms, and MINIMAL dilution I will take it all day long. Not ideal, but pretty darn good considering the flexibility they now have.
I am curious to see how pps reacts tomorrow. I'm sure Bidds, myself, and a few others will be ready tomorrow.
Your joking right?
Looks like Titan has a lot of control over everything, and NO warrants. PLEASE sell tomorrow people. I got greedy and was waiting for the raise plunge. May have missed the boat.
Also Zaring did NOT leave on bad terms with MDT. He wasn't pushed out or forced to leave. He chose to leave. This is confirmed and he also tried to recruit a person or two to join him.
True, but there ONE regulatory guy is a stud and has completed this process several times before with little or no help before.
The game isn't over yet...
With no money and bone crushing delay news yesterday, shouldn't we be getting hammered???
Tomorrow morning would be a great day for a Friday financing news dump. If we don't get it tomorrow then were looking at end of next week. Assuming there smart enough not to release that type of news beginning of a new week.
Although I'm not totally sold on the 24th and MDT conspiracy announcement, I am getting VERY intrigued on all the "coincidences". The Zaring addition is the main one. Don't know how he could leave with NDA's, non competes, etc. I still think MDT buys us, but after approval. Regardless, its about to get really interesting.
They've been in front of the FDA for a long time now.
The terms are unfortunately always the same, not great.
I don't understand what the hurry is HC. I hope they wait until the very last legal moment to announce any raise. The closer you can get to IDE and any other big announcements will help mute any negative longer term affects of a raise.
Expecting a normal raise of 15-18 mil. The questions is at what price and any warrants. Hope no warrants, but history hasn't been kind. With that said, The fun starts once we get to the end of Sept, Oct IMO. At that point , any REAL, SIGNIFICANT news could be announced at any time/day (IDE, Rebranding, Human Studies, partnerships-better chance closer to 510/CE, Videos, etc, etc). Wake me up in about a month, month and a half...
I would have bet a lot of money you were a Bernie or Warren supporter. A lesson for the kids out there, don't judge a book by its cover.
Anger issues much. Start breaking the prozac 's in half bud...
HC, your tone has turned decidedly negative since you apparently sold out. You obviously want this to go down, and trying to influence any newbies or other eyes on here. You may end up being right when they announce details of a raise. I do wonder if the aftermath will be short-lived since were almost half way through Aug. At some point raising much needed $ will be seen as a good thing so close to IDE, 510, etc, etc. This game of chicken with being in or out is getting riskier and riskier each day we move closer.
Regardless of what caused today's action (raise, way over do reversal, PP, etc), what's irrefutable is TMDI can move up in a hurry. .50 move in a couple hours on no news. Were at ridiculous levels, and probably another couple months of volatility. What happens when real news hits.
A sliver of DD and your world will become a little easier. Not referring to a link...or Randall. Pick up a phone dude.
Nice and gutsy call on that CD getting 1.7%. Any other picks?
Submission is still scheduled for Dec. With genova and his team and the daily extra mile trying to placate the FDA there's a decent chance we have an fda approved device come April or may 2020.
At this point there's no reason to sell and try to time a buy back...imo. Although I do think we head lower over the next month or two. I'm a buyer below 1.50, although only small buys at this point. Many might disagree, but I've chosen to chase the dilution. IP alone has got to be worth $3-4.
Reb is 100% correct. They are being extra quiet and careful because of the FDA. They don't want to give any hint of marketing a non approved product. It sucks for us now, but good long term. Zaring specifically asked for options and no salary. You think he's sticking around 3,5,7 years with no salary as they bring this new product to the market. Buyout clock begins the second they get approval.
Correct, not literally just the best comp.
I'm assuming they already tapped 15-20 mil from the 125. With the shelf, we no longer have to deal with the s**t show publicly for weeks. Mc could come out tomorrow and say we accessed 20 mil and that's it. The deal is already done...IMO
Am i missing something, or do we have around 15-20 mil in cash currently? Thought we were down to 1-2 mil.
Seriously dude!! Stop with the fake news. Commercialization mid 2020 (at the latest), and the 125 mil is a corporate credit line as needed. Who is to say how much they will need of it. They will be bought out before we know anyway.
You could save a ton of time and energy by just saying, "Short Titan" each post.
Agree with everything, but approval will be by May or June latest.
Hit piece by a short who did one back in May. He knows nothing either way, neither do any of us. Zero reason to write it. Just as good a chance, actually better, that titan does hit it by end of year.
Agreed. Can't imagine getting hammered on the next raise when were coming up on August. Maybe if we were still 12-18 months away from sub, approval, etc.
Then again, it's Titan. I've finally implemented the Costanza "Opposite" rule with Titan. If every instinct i've ever had with this stock is wrong, then the opposite must be right.
They DO NOT need to attach warrants now that were past the 1 year nasdaq anniv. If they do then they were having trouble raising the $, and/or want to max it out and this is the only way. Question is, do you do a raise for 10-15 mil, no warrants, or a 25 mil raise with warrants?
It means no need to attach warrants to future raises. Unless they need to entice investors to take part. Could be telling when/ if we get the next raise