Titan Medical Inc (TMDIF)

[Honeycomb777]

Jet - they have three options:

1) Increase PPS (SOON) so that tens of millions are able to flow into their coffers from warrant exercise. Need to start NOW

2) Obtain more financing at what I believe will be on lousy terms to get her further down the road

3) Partner or get acquired by end of 2015 / early 2016 which will be well before any approval for the device.

* Will be interesting to see how it unfolds as the SCOPE really is quite large. One thing I do like, assuming J&J has the inside scoop per JH, is that Lannum from Covidien/Medtronic is also keeping close tabs on her. At least the connections are strong

Again, $34 mil on hand - $28 mil needed for Q1 and Q4 (total) milestone costs and 1.3+ mil operating costs per month = out of money by end of 2015.

Question really becomes, can Titan/Bertner really WOW us with Q1 milestone news that will raise and sustain PPS to over $2.75 ???