Titan Medical Inc (TMDIF)

[Honeycomb777]

Geo - I do comprehend how a r/s works but here is my thing:

Let's just say they choose to do a 1 for 2 reverse to get her to over $4 to uplist to say Nasdaq.

* what makes you so sure that an acquirer would pay $60 and still not $30 for a takeover ? That is my point.

Your taking away HALF of your shares to bump it from 2 to 4 ??? Ok - what if they decide to acquirer it for say $45 then when before a r/s they may have done $30. How can we be assured that this action won't force bids across the board to be a bit lower ??

*** Wouldn't offers come in at a premium to where current shareprice sits at that time?


If we rise to $4 organically and then funds/institutions buy in and we go to $6 or $7 - wouldn't takeover bids likely start at double say $7 ?


If we rise to $4 by way of r/s - wouldn't the takeover bids also start at likely double say $7 (BUT WE ALL HAVE HALF AS MANY SHARES) Why would a bid come in at $30 (in this example )if PPS is still trading around $7 ???