Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

My take on the previous 2 weeks activity to include this shelf offering is as follows:

Dry powder necessary to continue working on field units, and further support the timeline. Time is money, and the more money you have - usually the less time it takes to get you where you want to go.
So I view this as great news.

Further, if the shelf offering is already gone..... with the news that both Canadian and US participation will absorb the offering, then that's good news too. It's been planned for a while, and doesn't take away from the development timeline.

Blah, blah, blah management sucks, lawsuit, lawsuit, burn them at the stake. There - do you guys and Honey (take your meds please) feel better? AGAIN, the delays were necessary. We're 9 indications better than this time last year. Someone in China wants to sell this thing, and is putting up their chips to get in the game. If there was a better option, would Longtai have made the offer to other MIS companies? They had a choice, so that's telling us something.

Get above these individual moves and look at the big picture. This stuff is necessary to get these units to market. Whether in China, India, Canada, the US, eastern Europe, etc. The goal is to get these out in the public for review/evaluation. Mgmt wouldn't be exposing their product to ANYONE if it didn't work because that would set the entire company back to the stoneage. Does anyone think the Longtai is stupid and wants to burn +$20M? You guys are pissing in your pants over a few thousand shares, yet Longtai wants to play with they're 10's of millions and go long-term. Wonder why?

JMO

Regards,
BK