Titan Medical Inc (TMDIF)

[RockoTaco]

Somethings to think about:

Titan signs an agreement with a supplier for end effectors (maybe Microline)
Titan signs an agreement for manufacturing SPORT - Ximedica
Titan sings an agreement to set up a worldwide training program at the prestigious SAILS center

Titan plans to do CE mark first (which is simpler and faster than FDA approval) - will start selling abroad next year 2016 - for all investors - SALES is SALES whether the revenue comes from abroad or not (by the way, IMO great move to start international and not in the US) - also the agreement with Apollo will generate immediate revenue

Most people familar with medical device know that companies don't sign these agreements unless the product is completed (design freeze). it appears to me that the next big agreement they sign would be a SALES and DISTRIBUTION agreement with someone (Ethicon/Google?, Medtronic?)

Ximedica still prominently displays SPORT on it's homepage and its Twitter page - can't believe that they would do that if it was a failure.

Your view of this type of investment depends on which lines you can read b/t and what your timeline was. BTW, you know how much revenue TRXC had on their income statement thru end of March 2015 - $0
http://ir.transenterix.com/sec.cfm