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Re: Bristol19 post# 32462

Friday, 02/19/2016 2:26:14 PM

Friday, February 19, 2016 2:26:14 PM

Post# of 140484
The one thing I will give credit to Titan management for is they are not frauds. They may be financially challenged, but not frauds. They have expressed to me a couple times about doing everything by the book. Last conversation he went out of his way to make a point about this, including dealings with the FDA and other entities. Looking back, it makes me wonder if they knew something, or had suspicions about the other company.

Someone asked about taking on debt. I actually agree that this wouldn't be a bad idea at this late stage of the game (wouldn't be for it early in the process). Don't think Titan will consider it. Specifically asked them about this and they said going to the markets and raising funds (i.e offerings) is just the best option for development companies.

GLTA