Titan Medical Inc (TMDIF)

[BelizeMe]

This is not the first time Hargrove has attended MedAssets. I spoke to him last year as he was traveling back to Rhode Island after presenting at MedAssets. I'm sure he just gave a PowerPoint presentation last year. Without going into detail, he was more than excited about the response. MedAssets serves 4 out of 5 hospitals in the US and is focused on Healthcare Performance Improvement. Titan is a perfect fit for them to present financial and operational gains to client hospitals based on lower acquisition cost, lower procedure costs, faster recovery, quicker release from hospital, and higher utilization of the robot due to portability. Makes perfect sense for MA to want update since last year.
As far as Bertner, I am confident they are doing their job behind the scenes presenting to high worth investors and updating institutional buyers on the status of SPORT. Each have different guidelines for investing in start-ups and when they are comfortable jumping in...but they will be primed.
Those looking for a gradual increase in PPS are going to be disappointed. There will be big jumps....level offs...big jumps.. as the company releases REAL news that will bring in new investors, up-list, and institutional buyers over the next 6 months and then finally CE Mark and FDA clearance. It will be a roller coaster ride of the best kind.
I am confident they have built in ample wiggle room in the timeline and my prediction is they are ahead of schedule, will get clearances, and launch ahead of schedule.
- no IP lawsuits
- no merger/acquisition before launch

BelizeMe