Saturday, November 22, 2014 3:37:34 PM
To put things to rest. The coo was fired, let go, he received a severance package (that's what you get when your let go) read the 8k. Pope specifically said that the coo was great at developing products, but not at manufacturing them, which is where TRXC is at now. So he was dead weight and had to go. Pope says this at Stifel conference.
The changes to the surgibot are minor. Some changes include the relocation of a few screws, but even a small change like that requires testing and validation. Takes time, a 6 month delay is reasonable. An 18 month delay? That's plain crazy. Have fun waiting! I'm not looking for instant gratification, this board is, that's the problem. You won't have revenue for three years thanks to your recent delay, very crazy.
Not to mention, if you all think Titan can get by for three more years with all the cash they have right now, think again. Get ready for a raise, and counting on warrants is stupid and not reliable. Not to mention massive warrant overhang which will subdue the price for a very long time
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