Titan Medical Inc (TMDIF)

[longtermgems]

The Q1 milestone regarding a complete prototype is in no way a design freeze. They will be tweaking that prototype for months on end. If it actually was a design freeze, then why would it take 2+ years to get it to market after the design freeze?

TRXC reached a design freeze in summer of 2014, and has it ready to submit to FDA in less than a year (would have been less than half a year if the COO didn't cause their 6 month delay)

My point is, the completion of a prototype is in no way a design freeze, and if I'm mistaken and it actually is, then it's kinda sad that it will take TITXF 2 years to commercialize sport after said design freeze.


Also, it's obvious TITXF needs millions of more $, and I hate to say it, but those that think they will obtain all of the necessary money through warrants is living a pie in the sky dream. They will need to do another financing, warrants won't raise nearly enough.

The thought that bertner is going to increase price through institutions initiating positions is a long shot. Institutions don't buy OTC stocks that won't have a product out for 2+ years. Good luck with that! Hate to say it, but the actual interest in TITXF is dead, just look at the volume