Titan Medical Inc (TMDIF)

[jetuomi]

I for one am ok with company valuation, it is nearing 200 million market cap, but sadly at the expense of PPS due to massive dilution this past year raising funds. I could also see it being at 800 million early next year which would be 8 dollar per share after CE approval. Once sales estimates come in we will be priced at the net present value of those sales so I could see 2 billion market cap by early 2016 based on 1 billion for 10x sales of 100 million or simply 50 devices and services and parts replacement based on AGM figures in Europe plus factor FDA approval for another billion hence 20 dollar PPS early 2016