Titan Medical Inc (TMDIF)

[JUrology]

Good mtg. On Track. Showed video portion of
partial nephrectomy(Dr Valvo) Just signed agreement with company that has technology to have camera track the working instruments so the surgeon doesn't have to stop operating to move camera(cool), $68/min in OR so this will cut costs, you will have to wear glasses for 3D monitor. That newer monitor(no glasses) is not going to ready in time for launch, they have five units basically built with 2 more nearing completion, seven total, 3 hospitals for testing(had dozens to choose from)
The company they signed OEM with for instruments did not want to be named based on their agreement terms.
They have money til end of the year. Well aware of warrant money, 80million, looking at all options.
One guy asked about JNJ/Google. Hargrove gave a standard answer, confirming legitimacy of market future.
I think they are a possible player as the OEM for disposables. They also commented on the ability to track data during the surgery so hospitals know surgeons analytics, kinda what Google suggested role would be. They all seemed like very smart and very nice folks.

Excuse the run on sentences, boarding plane.