Thursday, July 24, 2014 9:24:27 AM
1. Telerico leaves...ok...first and foremost the guy was never a true Executive...in addition, he probably left for a BIG time guarantee. Moreover, the dude exercised his 100k shares and DIDNT sell them at a high...what does this tell you? He's expecting bigger and better things...Clear sign for me that this thing is absolutely NOT in trouble.
2. VP, Execs, and other high level people in Medical Device field are ALWAYS shifting around...they follow the money ALL the time. Maybe MEDTECH offered him a similar deal. All Telerico needed at the end of the day was his Titan stock options. 100k shares at $20-30 pps is pretty sweet...IMO, he was probably being forced out because he added no value going forward bc I think Titan is going to partner with another company, thus making him useless. He was a field trainer at ISRG for godsake...Lets move on from this guy. He is super low level.
3. Titan secures two BIG investments in back to back months that gives them a large amount of capital. Investment firms aren't dumb...no way they raise this money that quick if things werent going well. Also, they raised this like 2 months before Telerico left...again, negative thoughts on this make no sense.
4. They hired a big time PR person in Bertner...no way is this lady attaching her name to a company that is going the wrong way. It just doesnt make sense.
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