Titan Medical Inc (TMDIF)

[RockoTaco]

Another point regarding your question, i believe that Ximedica has around 50 Engineers working on SPORT, there is a good bet that with that type of expertise being focused on delivering the next generation, Innovative surgical platform that they are thinking beyond just single port. It would be a lot harder, if not impossible, to be so flexible and adaptable to the changes in this technology if, as a startup, Titan had a couple of engineers working on it. I think it would have been difficult to have worked on Amadeaus for years and have to switch gears to try and introduce a new platform into the mix if we had done it inhouse. Plus Ximedica is incentivized to get this done, sometimes inhouse personnel are just happy collecting the check and chances of falling behind or missing something in the R&D process would be much higher. Ximedica's expertise and knowledge of working with the FDA is huge for us, imagine if we were doing that inhouse with high turnover and inconsistency from employee to employee. If we were constantly looking for top talented systems engineers or quality engineers or manufacturing engineers, we would never generate any consistency in our process or quality. I think it is very possible, plus in the AGM presentation, they clearly state that SPORT is not just a Single Port.