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Tuesday, September 29, 2015 8:15:17 PM
If you were an investor in TRXC in the last 3 years (during the same time as Titan) you have really gotten walloped.
First you invest and support the SPIDER Surgical System. It finally gets FDA cleared and they start selling it, and suddenly switch gears and stop selling it to integrate it into Surgibot. From what I understand the SPIDER System was not widely accepted or a significant improvement in laparoscopy.
Then you invest and hold longer with Surgibot and now they buy ALF, before Surgibot gets FDA cleared? I do not understand the strategy at all and am sure investors are starting to become suspicious.
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