Titan Medical Inc (TMDIF)

[pointofreturn]

CUIN2

It had nothing to do with Raymond James at all or they would have been in the deal.

This is most likely demand for the stock from institutions let by the last deal. That is why you see Dundee and Bayfront mentioned in the news release.

Also in the last financing they wanted about $20 million and only got $13 million and they are not waiting for the warrants to be exercised. They want a full coffer of money to finish the product and go to commercialization.

Its unfortunate the company did not put out news to drive the share price higher and do a higher priced financing but as you have seen in previous posts I have been critical of their poor IR. They don’t put out enough information and their IR person is weak. What are we to do???

Anyway, I am bullish on this assuming they just took advantage of the recent strength in the share price to fill the tank up to full.

To the US investors who wanted in, get in NOW as I suspect the next financing will be in 2 years (if they are still around and not taken out) to set up their plant or distribution…….

Long and strong.