Titan Medical Inc (TMDIF)

[wetcabbage23]

Hello,
For all the people who don't want to hear an opinion, please go to next post now. I don't like to see you all excited.

The way I see it is if the first round of warrants don't hit the strike price, this thing is done.
IMO there will not be more financing because of what happened to the people that supported the last financing. Those warrants are an incentive in the financing, like a gift for taking a chance. To think the majority are held by people who bought in the PP I also think is misguided because they have been being traded for some time on the TSX. If people lost money on the PP and the warrants are worthless why would anyone support another financing.
Also why would anyone exercise any warrant. It is nice to dream to get some money but if I had a bunch of Cs for example at an average of 50 cents that's enough to ride this thing out till 2018. Why in the world would anyone throw more money on that gamble at this time. IMHO. You could buy more warrants if you want to gamble but why exercise, just sell the warrant if you need out.

Cabbage