Titan Medical Inc (TMDIF)

[RockoTaco]

Could also be a relationship b/t Ximedica and Microline. Also, IMO Sport is done and completed b/c it wouldn't make sense to sign an agreement for end effector parts and announce it if you haven't validated that the parts work on the system. Also, they already have the reusable end effectors completed and adding these disposable parts as they begin manufacturing the system for trial.

Based off their last Corporate presentation and this latest news it would appear that Titan has completed the following objectives on their Tier List:
* Completed Surgeon and User Interface
* Completed Sterility and Reprocessing
* Completed Aesthetics
* Completed Mobility and Adjustments
* Completed Custom Instruments
http://www.titanmedicalinc.com/wp-content/uploads/2015/02/Titan-Investor-Presentation-February-2015.pdf

All this means to me that they are already on their way to building the units for engineering verification and potentially ahead of schedule.