Just want to put it in perspective from another shareholder's view. As we have been through a bit of an emotional roller coaster the last few trading days (really from the xi announcement, through SAGES, and Titan's financing) just think about how Dr Rayman must feel. He owns 4.8 MILLION shares of Titan.
So yesterday, this man sees (on paper) his 4.8 million shares at 2.52 = 12.1 million dollars then in less than 18 hours time sees it drop to 9.4 million. For this 50 year old President of the company to accept this - he must have nerves of steel OR the unwavering confidence of his company which could very well turn out to be the next Microsoft of this decade !