Titan Medical Inc (TMDIF)

[whynotmewhynottitan]

What you state is all true. It is certainly a risky move, but you can limit your downside risk. Say you complete a conversion in Jan 2016. You don't pay the tax on that conversion until April 2017 or + 6 Months if you file an extension. Here is the good part. You can reverse the conversion at any time up until time of filing. It is called an IRA recharacterization. Look it up on line and read the rules. This period of time is pivotal for Titan. If they execute and the stock price rises significantly, then you are a genius and make a ton of money tax free and if they go bust, you complete a recharacterization which reverses the conversion so you don't have to pay the tax. Your risk is limited to you Titan investment. This is all legit. Look it up online. Cool stuff!