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Not sure how lucrative that acquisition will be. I also don't see the terms and how this drives revenue. I would also love to know how they are going to pay for this. I am waiting for a big announcement but this was not it.
As far as I can tell Singerman has a 10mm note and there are 400k of additional notes. At this point I am not sure what to think about this company. It appears to be real, but outstanding shares have gone from 77mm to 525mm. A/S has gone from 850mm to 2b. Indica islands website and phone are down, but trbo keeps doing deals. The stock got up as high as $1, but I believe shares outstanding were around 77mm. They need to turn these deals into revenue as it is not easy to raise any money at this price level. I hear that there are more announcements coming, but I have been hearing this for months. Either this is BS that I am hearing or there has been some sort of unexpected delay. Time will tell, I am in for a bunch, so I hope this takes off, but right now I am skeptical
As far as the weed business goes, it is a little concerning to me that the indica islands company website and phone are down. This is the company that trbo did the loi with in April. As far as I know, there is no news on this being consummated. I believe that turbo has had some setbacks and that is part of the reason for the share increase. I have been expecting some announcements for several months and so far, they have not come.
Anyone able to find the conversion price of the debt or who is holding it?
According to the financials on their website 525mm outstanding. That was as of September 2017 or so. Authorized shares are 2b.
The stock was $4 for maybe an afternoon, I believe it closed that day at 1.50. The shares outstanding have bloated from 77mm to 525mm. I can’t figure out if the shares are to pay off debt. I would be surprised if the convertible debt had such a low conversion price, but I don’t know. I have heard turbo has some big announcements coming, but I have been hearing that for a few months.
Does anyone know when their quarterly report comes out?
Where is TRBO going? I certainly want to hear more about Going Posta. I believe stores like going postal will eventually replace or reduce the number of Post Offices. The Millisecond venture also looks interesting. If this is a true improvement of the pasteurization proces, I would have to think that can be monetized. TRBO is involved in the cannibus business and they seem to have access to some China opportunities. I believe they say that they are involved in gaming, but can not find anything specific regarding that. What concerns me is they have gone from roughly 77mm shares out to 427mm. They have increased authorized shares to 2b. I saw they increased A/S in 2011, but did not really issue any until 2017. I hope that they have several more announcements and they show profit in q3. Right now it is difficult to quantify what they are doing, but it looks very promising that this stock will run. If they have cash flow, they might use debt to finance and not issue stock at this very low level. Time will tell, but they are very diversified and involved in several money making businesses.
Talking about bigger deals, not this little stuff. You will hopefully see.
I am just waiting for any turbo announcements. Turbo has been very quiet and I am hoping/assuming that there will be deals announced shortly. It is my hope that they are going to have several announcements at one time. Turbo, obviously needs to get this share price up, and I think that will happen. We are retracing to the low of .0019 let's all hope that is does not break through that.
I don't know the answer to that question. All I know is end of March 2017, 70mm or so and last quarterly report showed 427mm. Let's hope these deals are lucrative and they don't issue more shares.
My Guess is they are going to make several announcements at once. That is a guess. My concern is the number of shares outstanding, the outstanding shares are up to 427,000,000 from what I saw. That is a big increase. Hopefully the deals they are doing are lucrative and get this going.
No, only issued shares are dilution.
There are no financials to prove you correct either. This is your guess. I agree your theory is possible but you are still guessing. My believe is they will announce some deals that send it higher. Time will tell.
Where is your proof of this. I can not find it. They have convertible notes with a conversion price of less than .002?
Looks like algorithmic trading to me. Volume does not equal dilution. You are basically saying shares were issued below .002 and they were all being dumped.
You keep talking about dilution, but I can not find where they have issued more shares. Can you please clarify where you are seeing this.
This raise is not very dilutive as almost as many warrants have or will expire. My hope is that this small raise gets us to design freeze, at that point pps should be higher. We can then raise money at a much higher pps. I will admit, this does feel like my 7th yr. of Groundhog Day. Time will tell.
I think the valuation will be based on what the buyer, hopefully Verb, believes the cash flow will be. Based on JH numbers, that could be significant. If JH numbers of 10b in robots and 4b of recurring revenues is accurate, that could lead to a nice number. The question in my mind is, if ethicon is selling the disposables, then they would get that revenue anyway. The next question is, how much leverage does a robot give jnj/ethicon when negotiating hospital contracts? The answer is quite a lot. In a world of IDN's and large buying groups, this gives the hypothetical acquirer Verb a great deal of negotiating power. JNJ, or any large med device co., in my opinion, will not partner but acquire the technology. The best outcome for us is an acquisition. If Titan has to bring this to market themselves, this will grind out for a few more years and the bang will probably not be as big. Titan will have a tough time doing the necessary groundwork to take the market by storm. A large med device company has all the pieces in place and could contract much quicker. I am hoping for a 2-3 bill acquisition.
My guess is q2 filing. If OEM wants to keep it quiet, they will wait as long as they can.
At some point the OEM will be in the filings of Titan. Per my broker.
Boston Sci is not a surgical company.
They stated on the call, THE LARGEST OEM. By definition that is JNJ. Another interesting thing on the call was 10 billion pro forma on capital dollars, they did not give the time line on that. 4 billion in recurring revenue on disposables. What do you suppose VERB would pay for that cash flow? I don't know how quickly they could pull this off, make your assumptions and do a discounted cash flow and come up with your number. My guess is we will all be happy. As far as the timelines, surgibot was a disaster and as someone in medical device, Titan went to the fda and had discussions on what they needed to do, to get this right. JNJ is a very conservative company and has had some disastrous acquisitions in the past 5 years. My guess is that they are very involved with Titan and the surgibot failure and JNJ oversight has caused the timeline delay. I also
believe that JNJ might be the reason for the the first delay. They want to go after a bigger market. While I believe the stock might fall based on the timeline and future dilution, I believe that might be a buying opportunity. My guess is there is some type of deal already in place with JNJ, but this will not be executed until all of the questions are answered. My fear is, this is a partnership and not an aqusirion. I however think this will be an acquisition, but who knows. This is all speculation on my part, but this sure walks like a duck in my book. I invested in this in 2012, so I have been in this for a long time and sure hope that this happens sooner rather than later.
Top OEM med device manufacturer in the world is JNJ. Partnering with a software company, sounds like Google That is the good news. The bad news, Titan only has $12 million on the bal sheet. Timeline has been pushed out until 2018, a great deal of dilution is coming. The burn as I see it is 6-12 mill a quarter.
The more conservative timeline sounds like JNJ influence to me, but that is pure speculation on my part. the way Hargrove answered the question re: Verb,made me think he was hiding something. I think we have a rocky road ahead, but I am becoming more convinced by the day that Verb is behind this. Hold on, stock could get crushed, but the end game still looks bright.
Yes, I agree, Ethicon is a division of JNJ.
My hope is JNJ is manufacturing the disposables, this would truly add to the conspiracy theorists on a Verb acquisition.
I am not talking about a $3 price. I am hoping for something much more substantial than that. Robotic surgery is projected to be a $20b market and Titan has a more economical and efficient system than ISRG. I am hoping for a number in the 2-? Billion. That would be the fastest way to a $10-$20 pps.
If this got to $100 a share you would be looking at a 20 billion market cap. ISRG has a cap of 23b. I think it would take quite a long time to build that. The hopeful outcome is clearly an acquisition by Verb or Medtronic. If Titan goes to market on its own, it will be a time consuming expensive process. They would have to higher a sales force and start the grind. The speculation of Verb does make a lot of sense, you have the JNJ field team in place, as well as the robotics arm of Google. A Titan acquisition would put Verb in the market long before they could get there on there own. I do know that the ISRG team has Titan on their radar and clearly have some fear of the Titan Platform. I am not sure if ISRG would buy Titan or if they would even be allowed to buy Titan. The best possible outcome from this is someone buying Titan, otherwise this is might take awhile.