Titan Medical Inc (TMDIF)

[RockoTaco]

Thoughts on a R/S and could use clarification:

Say Titan has 150M shares outstanding at $1.50 PPS.
They do a 1:3 Reverse Split to get to 50M shares outstanding and $4.50 PPS.

If a company made an offer to buy Titan for $1.5B dollars.

PreSplit - I have 150 shares - I get $10/share = $1,500
After Split - I have 50 shares - I get $30/share = $1,500

If a R/S gets us uplifted and in front of more investors to help drive PPS, then that is good in my opinion. I can see how it can be bad after what we've seen with TRXC but to compare TRXC and Surgibot to TITXF and SPORT is not the right comparison. With SPORT, we are right on the doorstep and about to commercialize. TRXC did it about 2 years ago and still don't have approval and also had to go out and buy a completely different platform.