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Apparently
Ownership of 20% or more of the company requires shareholder vote/approval. They decided against triggering a vote.
I’m not sure that the market likes it but rather knew it was coming. The timing was questionable better than an am release but still could have released Friday pm??
I’ll be honest I’m frustrated with mcnally. He could do better from a shareholder perspective. Medtronic partnership speaks volume but mcnally frustrates the shit out of me. Always has. He likely is playing the game that Medtronic wants. He certainly doesn’t act like a real startup ceo with “fire in the belly”. He is way too consertive imo. Like he works for a much bigger cautious entity. Perhaps in a sense he does.
You gonna take it in the ENOS manana.
You saw medtronic had nothing too? They basically present the history of Medtronic and Covidien and nothing more. They have scrapped HUGO. Didn’t even show a robot.
Medtronic says get back in BelizeMe.
Medtronic says you wrong and biggest loser pal.
What are you concluding based on the article. Borrow rate has been as high as 350% in past year. Currently at 125. Contrarian indicator??
Your right hold on to your losses. You got it figured out. Winner winner ramen dinner for magnetico.
So says the biggest Loser Lmao.
Like I said workin hard to be the biggest loser. Goes long years ago only to bash when light appears at the end of the tunnel. Hilarious. Can’t make this stuff up.
So you are determined to be the biggest loser Magneto?? Lol.
No idea. Would like to see a video but expect it will be slides.
More FUD
Comical you follow this minute by minute?!? Lmao.
Watching day to day who you kidding AC is watching second by second. Also sniffs gas cans permanent markers and crazy glue.
Keep in mind these are options not an offering. Also you may want to look at options awards for McNally’s other public company prior to its BO. Hell while your at checkout MZOR too.
1. Some us will retire early and have no financial worries the rest of our days.
2. Some of us will continue to punch a clock.
Taking my shot and going for #1.
Others take a shit and go for #2.
Awesome. PS no one gives a flyin shart.
So in other words you sold more yesterday?? And are hoping to buy back in lower?
I hope you get the early retirement you’ve dreamed of. I believe you will & soon.
Last post was April. Lmao.
The Covidien division signed off on all the documents per Edgar filings.
That would be Covidien
Hard to borrow fees are considered high at 15%.
Tmdi borrow fees have never in its history been that low. Complete short manipulation.
I hope they get roasted. All of em!
Nice breakdown. FWIW I’ll add medtronic would never enter a market where they could only hope to take 5%-10% market share. They are the largest pure play med tech company in the world. Geoff Martha said a couple weeks ago that their robotic project was the largest project they have ever taken on.
So it’s a big deal. a really BIG deal.
43k Premarket trades. Golden cross ??
Wrong board cuin2
Trust me nobody bought on patent news. Its an old patent from 2007. Medtronic is credible and likes what they see no matter what novel you decided to write.
Scroll to bottom of page. Quite a surprise.
https://www.srobotics.org/virtual-meeting/
Ha!!!!
EKOS Corp acquires by Boston Sci filed an opposition. The opposition period expires July 30 however.
Sorry pal but their was an opposition filed.
So. Medtronic only wants titan IP to implement into HUGO?? Huh? Wha??
Why then does MDT give two shits if titan raises 18 M to put more effort into a singleport platform that Medtronic isn’t interested in?
Obviously MDT is very interested In singleport (sport ENOS) as they made it milestone #1.
Can’t help people can’t see this. They will eventually. MDT has to approve any and all PRs concerning their relationship with titan. Once Medtronic gives the green light. We will be good to go.
Agree.
However it’s always been through the roof high. 10% is considered really high. Our borrow rate has never in its history been low always off the charts high most of the last 9 months over 100% interest. Peaking at 500% in October
Given the MDT endorsement one Would think we see the rate come down as shorts eventually cover hopefully never to return at these levels.
I think you maybe. misunderstood.
128% interest is being paid by folks that borrow TMDI to short it. It’s off the charts high.
Agree short interest numbers are not to be trusted however the insane interest rates are an indicator of the demand by shorts.
Prior to mdt the interest rate was around 50%
Last fall rates approached 500% interest.
I have looked at many pump and dump garbage stocks and the jc penny’s/sears of the world to compare and their borrow rates have never even been in the same ball park as TMDI.
That’s a lot o $$ to spend on interest. For example on 100k shares at 1.00 pps 128% = 128k in interest annually divided by 12 = 11k monthly. It’s absolutely through the roof. Divide by 30 = 370.00 per day to short.
Hell bent on holding it down and with deep pockets.
Why does the short interest in TMDI remain so high with mdt as a backer.
The hard to borrow rate is 127% on interactive brokers and 101.5% on fidelity.
Insane interest rate to pay while shorting
Someone is hell bent on suppressing pps despite having MDT as a partner
Any thoughts here Roll??
We need news to squeeze Em.
Just saying to get to that number then the warrants must have been exercised.
Some were confused by float. Float #s depending on where you look range from 66m -73m -78m.
No worries though HC I’m light years ahead of you lol.
Only question I have is: do prefunded warrants count toward the float since they are paid for and the company has collected. Their exercise is merely a formality as there essentially is no cost to exercise at .00001 cents.
I believe there will be a number of things to vote on prior to agm whenever that is. I’m told late summer possibly sept.
So 78M float was documented in prospectus on page S14
https://www.sec.gov/Archives/edgar/data/840551/000115752320000886/a52232457.htm