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.
Fact: some investors chose to sell their shares at 25 cents right before the medronic partnership (missed out on over 500% gains).
Fact: some investors bought those shares and still hold them.
Its interesting that we are up almost 18% since our newest negative poster showed up. Keep up the good work.
And we are up almost 600% from a shiny quarter!
Agreed. Seems like an awful lot to go through if mdt was just grabbing a few patents and moving on afterwards (as some suggest).
Lol. Did you read 2.3?
Titan retains rights.
You're welcome. (Your means possession)
True. I guess it will remain a myth.
Is he talking about page 9 of the promissory note? It can be found under the sedar docs on titans website, other material contracts June, 4, 2020 11.18.08 am.
If to Borrower, to: Titan Medical Inc.
155 University Avenue, Suite 750
Toronto, Ontario M5H 3B7
Attention: David McNally, President and CEO
E-Mail: [Redacted]
with a copy to (which shall not constitute notice):
Borden Ladner Gervais LLP
Bay Adelaide Centre, East Tower
22 Adelaide Street West
Toronto, Ontario M5H 4E3
Attention: Manoj Pundit
E-Mail: [Redacted]
If to Lender, to: Covidien Group S.a.r.l., Neuhausen am Rheinfall Branch
c/o Medtronic, Inc.
710 Medtronic Parkway
Minneapolis, MN 55432-5604
Attention: Christopher Cleary, V.P., Corporate Development
E-Mail: [Redacted]
with separate copies thereof addressed to:
Attention: DJ Sardella, Senior Legal Director, M&A
E-Mail: [Redacted]
and
Attention: Brendan Donahue, Principal Legal Counsel, M&A
E-Mail: [Redacted]
I didn't misunderstand, you didn't write clearly.
1. I don't know. And neither do you.
2. Asked and answered.
What is the plan for the ip licensed?
1. Sell it, and all the other 180 some patents to medronic
2. Sell above to another organization looking to get a Jumpstart on their robotic surgery platform.
3. Use it to defend against infringement if titan takes enos to market.
You don't think that contract was material? $40 mil in revenue for a pre-revenue company? Seems to me he would be obligated to disclose it.
If they bought it, they would own it and Titan would not..
They licensed it, which gives them the right to use it. Titan owns it.
Titan still has rights, so I wouldn't call that exclusive... and if a company were to buy Titan, they would then have the rights.
Bought... or Licensed?
Why on earth would they care if they bought the cow as you say.... that is nonsensical
Lol. That's cute.
Why do they have a board observer?
Why do you think they (mdt) have an observer at board meetings?
I think he meant 1.48
Haha. You should sell your remaining 100 shares and move on with your life.
Thats cute. You sold at .25..... and made huge gains somewhere else..... sure you did.
Did u buy at $75?
.25 up to 1 48. Congrats!
492% gain from a quarter
Or let's listen to the butt hurt people that bought in waaaaay to early and didn't average down... now they alternate between pissing and moaning while bashing their own (supposed) investment
crybaby
From what I can see, the lowest closing price was about 27 cents (about where u sold].
Its up around 500% from there. So not vey close.
Yes. Let's all make our decisions on tmdi, and life too I guess, based on what happened 10 years ago. Makes tons of sense.
Lol. Sure you did.....
Unfortunately you chose to sell your shares for a shiny quarter.
#butthurt
I know I was thinking the same thing. Where is farmer Karen? Maybe she can shed some light on the situation.
People sold at that price. Keep up.
Actually 1.52
508% up from a quarter
Thanks for the update. Thats a 536% gain for those that bought at a quarter!
Somebody call this guy a wahhhhhmbulance. You should get outside, go for a boat ride in Belizes dinghy.
What happened to farmer Karen's harvest?
Seems to be holding steady....
Maybe everyone is still digesting as she claims.
#giggle
#hugs
Fully aware, thanks though g.
Unless shares are held in a retirement account.
For non retirement accounts I believe there is a 25k threshold.
Shares held held over one year will be taxed at a lower rate than shares held less than one year (when the buyout occurs).
So are you suggesting that people ignore this fact and blindly follow your advice?
If they do, their 'goodies' will smell like a turd come tax time.
Also it seems anyone following your investment advice over the last year would have less shares and a much higher potential tax burden.....
Thus is a good post to review as well.
I believe the sp closed at 1.22 on 12/4/20.
Shot up to over 3 bucks and has leveled off to current range of 1.60 to 1.80.
Same strategy being pushed relentlessly by some here.
#Bad-advice
544% gain from 25 cents!
Ya. Then he could have sold at 25 cents for the great tax harvest if 2020. Like some here did
I thought the great Karen harvest of 2021 was supposed to happen at 1.60? Are you backtracking on that now?
Lol. 1.18?
#tryhard
#giggles
#hugs