Titan Medical Inc (TMDIF)

[jetuomi]

I don't speculate often but here is what I've been able to piece together from my DD..

1. They are not being fully acquired - they are moving forward as an individual entity for the next little while.
2. They are running out of cash.
3. They are already partnered with a worldwide player
4. They are using third party for manufacture, service, sales and distribution of SPORT
5. Euro sales will happen next year.

My theory - within a month they announce a partnership with a major player, 30% equity is given to the new owner with a cash transfer of $35MM and future warrants, options, etc.