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WRONG, McNally said cost are coming down.
Just read that JNJ is the supplier of end effectors for Titan Medical
I’m rejoicing in the fact that Titan took the initiative not to dilute the crap out of her loyal longs with attaching warrants to the new deal. Nobody is talking about that. It’s funny the only barking I hear are the traders. The new deal sucks for traders as they know that PRs must surly start rolling in when Management starts making these types of deals. I think the writing is on the wall and that’s why there’s been tireless last ditch effort here by some to try and tank the stock price in order to cover. Team McNally is used to getting paid and Mr Zaring is not here for his health. No way this pro watches his options dwindle away. This team must also be aware that longs will not tolerate another reprice EVER. It’s go time and MC knows it.
Not funny and by the time they revamped and figured out this platform will change humanity Bernholtz screwed them out of loading up. This isn’t a clothing manufacturer that has invented a new Kevlar long tailed jacket. These guys have to guard everything they do coming into FDA.
Thank Bernholtz and his cronies for that.
So is hiring illegals at an orchard but that’s not stopping anybody. Ok maybe their execs aren’t buying but the rest of it could be SPOT on homie
Want to know if Titan has a partnership? Just watch the way Aspire plays its hand. I think HC is right. This is VERY risky play for Aspire to sit on shares. If Titan has some kind of deal in the works involving milestones they would surly tell Aspire (great pitch to get some money). If Aspire sits on shares you know something has to be in the works. Wait until Wells Fargo comes in next week. Is it possible that the execs at Aspire bought for themselves this week on open market knowing what’s coming and that drove price up? This company is in a very vulnerable position and to get that money without warrants one would think that Aspire must immediately hedge unless something very big and safe is in the pipeline
Delay is smoke and mirrors. FDA first has also been smoke. This company is going for EU first and when that’s accomplished they will get partnered up with Medtronic. No way Medtronic gives them money to keep the lights on. If it got out the SP would soar and that’s the last thing Medtronic wants to happen now. Zaring doesn’t go from 2nd largest med company in the world as VP of Robotics right when Medtronic is developing its new platform and declares its diving headfirst into other Robotics and then jumps into a little no name 8 employee company in Toronto. NO WAY!!! He’s bringing the new humanity changing platform into the Mothership. Book that DM3
Thanks for staying positive pal!
Posi I have always felt like the EU would come first. If that happens this stock shoots up and warrants come in. Shorts will get roasted. Thanks for staying positive pal.
I just have this gut feeling like this finance deal is to hold Titan off until a deal is completely worked out. Like it’s just for a minute to keep the lights on and only a little bit is needed
What does a fire sale bring to Titan, 500ml? 800,mill. 1 bill? Word is they turned down 1.5 but can they even do that without a vote from shareholders?
Give me 1.5 and get me the H out of here. I know that doesn’t get everybody paid but the chance to average down is and has been upon us.
4 billion is a ridiculous amount of money.
Gerk if I had a short position (and Mrs Backfermore always comes Backfermore so we know that’s not the case) I would knock everything and I would be negative on an hourly basis ....wait no I take that back, I have a life
Drop in the bucket if it gets Titan through EU. You and your buddy will see this very soon. FDA on the back burner. Always has been. He’s flying under the radar and into EU. Can’t wait until I open The Orchard Times and see the news
whats that again , Titan Ethicon Patel ?? This thing should go Boom!!! I think I recall someone saying boom!!!
Big T can you sticky post above post #52733
Rocko I believe this is where I might have first invested in Titan.
This is one of my favorite posts about Titan
First it’s the robot has problems, now we’re in a holding pattern because we need money. Which is it.
We’re all foooked. All honesty we could be foooked or McNally could be making a deal as I type. Who knows with this guy. I feel like I’m on a plane that goes to touch down and the pilot gasses it 5 feet from the grownd and takes back off and doesn’t tell the passengers anything for a half hour. Actually happened to me a year ago and never found out why. I wanted to slap the shite out of that pilot. I would probably bitche slap Randall and McNally right now if I could. Someone else also but if I say who this gets erased lol
This is where I came in to this stock, probably dropped my first 10k after reading this post.
never sold
I understand your frustration, I’m not happy about the way this company operates. How does Randall even still have a job here. He should have been given the boot with Page. All the trash should have been taken out when McNally came in. Not blaming everything on Randy but it’s doubtful he’s a shining star. I don’t believe a word this company says but but but this is not a company developing a new incredible battery. Moves must be kept secretive and that sucks.
Buckets of money to be made here
Medtronic deal still in place. Book it
Wrong. Zaring would have no compete clause.
MX77 you are spot on with that, NO WAY THEY LET THAT GUY BE THEIR COMPETITOR. They may not be announcing anything short term but you can bet they have a stake in ol Titan. Right down through her bloody back they do (Irish Voice) . Head up mate!
Figured you didn’t sell.
That post scared me also. Thinking about unloading after reading it
Rocko when did they get 125 mil, and how soon until it has to be disclosed where it came from. Tia
Thank you for that post.
Rocko the more i read the last few sentences of the PR today the more i feel like MC is telling us there's a partner coming in.
Thanks for the clarification.
About a year ago Titan had a pic up that showed an overlay on the screen which showed how deep the end effectors were in the body cavity. I don’t know if that’s augmented reality but I think that’s what doc is referring to
Wrong that PR didn’t say they didn’t have the money to continue. Read the last paragraph of that PR. Read it closely
Common sense says Charlie and Zaring didn’t sign on to a company that’s in trouble with funds this close to FDA. Two years ago I put a post on here and stated right before this gets sold or hits FDA they will have a small problem and everyone will dump their shares and then presto it will be all good again. Almost 600 dumped off today how many tomorrow. Who’s buying when everybody’s running.