Titan Medical Inc (TMDIF)

[RockoTaco]

This distributor agreement that Titan is getting in place is giving us a glimpse of how they will proceed with commercialization of SPORT. It is a very, very smart plan to use distributors initially to commericalize. As a startup, I would really be worried if TITXF would try and build a sales/marketing infrastructure, they would most likely have to issue more shares (maybe around $50M or so) and dilute the stock in order to ramp up a team for commercialization. It would be a very poor business decision. That type of strategy has enormous pitfalls for a startup company.

I also think that this continues to point to a potential partnership. I can see them forming a partnership with Ethicon to utilize their sales/marketing/distribution in the US (remember Titan is a Canadian company).