If Titan continues to be the silent type in terms of IR/PR, you better just forget what the pps does over the next 1.5 years, hang in, and hope for the best.
Otherwise, since they appear ready to want to run with the big boy ISRG, and want to be able to raise money as needed, they will need to do progressive IR/PR to intentionally GROW the pps. WHY? BECAUSE it will pre-seed the future market for them, attract co-development and innovation, allow money to be raised, attract merger partners, cause others jumping into the robosurg game to proceed with caution, etc..
They would have more easily weathered this "SPORT 2.0 decision" if they had developed better visibility in the first place. I think the management are a little too full of themselves, personally. I sit at meetings with top docs every week; they like to hear themselves talk, and they have NO sense of time. That is not meant to be critical; they just are not businessmen.
I've broken just short of even with this drop, and do hope the pps will again rise organically very soon, but there is no reason to expect that. REGARDLESS OF THE PEOPLE ON THIS BOARD WHO KNOW THIS DOC OR THAT REP WHO IS HOT ON TITAN - TITAN IS OFF THE RADAR WHEN IT COMES TO BEING A POTENTIAL BLOCKBUSTER TECH COMPANY, AS WE MORANS ALL LIKE TO THINK. ISRG WAS DEVELOPED AS A TECH COMPANY, NOT LIKE A MEDICAL COMPANY. THE SAME WITH TESLA MOTORS, A TECH COMPANY, NOT REALLY A CAR COMPANY.
These days, perception proceeds function in commerce. Sucks for us mature people, but true.
Bertner MUST grow the VISIBILITY bar real fast, and real hard. Thomas Edison in the basement DOES NOT CUT IT ANYMORE in this tech world, like it or not!
One other thing: the SAB is a great thing to use, but beware! If they are given free reign to continually influence design, no matter how good their intentions Titan will never finish. There never is a perfect product.
Also, being on a Canadian exchange is JUST STUPID, no offense to the wonderful country of Canada.
I have spoken.
