Titan Medical Inc (TMDIF)

[Noemotionseller]

I think Titan sounds like the most viable option for competing with ISRG at this time. Everyone is saying how long it takes to develop this technology therefor they are not worried about other's being so close. Well, in the same respect, we need to be patient with Titan development! To me, it appears that they have amped up the work knowing the competition is coming. The burn rate has nearly tripled since last year!! Of course it would be nice to know HOW the money is being spent! My take on it and mgt's relative silence, is that we are working ahead of schedule. They have been "attacked" or aggressively talked to for a "cheap" buyout, thus the poison pill clause just added. I think they are more hoping that the finished products to be sent out in a few months are enough to increase the PPS to exercise warrants. I think we are all nervous about it. If it doesn't the financing will occur and the future hopes of a "certain" PPS will dwindle a bit, but still be considered a great investment (maybe 8-10 instead of 16-20) in the next two years. I am ok with more competition especially if we are superior or out first. It sounds like some alliances were made when talking to hospital systems and our physician panel docs work at some pretty high quality facilities. SPORT will be in place. It will need to get good reviews, and better reviews with the more competition. Like McDonalds, there is a LOT of room for viable and in fact wildly successful competition world wide.
I did send a message via the "contact" on the web site last week addressed to Hargrove. I wanted to know if the business side is being handled appropriately. I have received no response so far and that kind of tics me off.... MGT NEEDS to be there as a business!! The tech is for the investors to OWN. For this I am not too happy, but everything else, I am confident with.