I can appreciate your concern CUIN. I joined this board because it has some of the most diverse opinions based on most/all subject matter pertinent to the medical device vertical. IMO This company is not reinventing the wheel. It's making the entire market bigger by creating a more sophisticated digitally controlled/electro-mechanical device safer, and less expensive. My interpretation of this company is that it will create and capture a larger piece of the low-end market, and eventually grow into the high-end as the level of performance/sophistication of the product line matures/evolves. Growing "organically" and taking some competitor's customers over the next decade.
However, I think Titan's technology is being presented in a very limited, narrow vision. Their technology has an opportunity to present itself to multiple applications from which to diversify and create additional avenues of revenue through strategic partnerships and licensing agreements. If Titan can operate within an incision of 25mm, then why couldn't it contribute to other markets within the robotics industry?
This board was - and continues to be a big source of information that determines the level from which I'm invested. That said, no on can fault you for being more diversified to spread the inherent risk of your portfolio.
I for one will constantly search for new investments to add to my stable of horses. It's a daily struggle to balance downside risk with upside potential. And your reference to lack of transparency does lead to questions. Engineering and the development of IP is the lifeblood of this type of company. My expereince comes from 20+ years working at a world class, global R&D, manufacturer. I'm comfortable with the known vs unknown based on what's public knowledge. Best of luck with your quest.
Family security, children's education and that picture in my mind of the cabin in the woods - by a lake, never wander very far from my vision.
Just to give you some food for thought.
L&S TITXF, ATTBF and TLTFF
GLTA
