Titan Medical Inc (TMDIF)

[chillout]

I've stated that the 2016's are gone. I believed that some of the 2017's are gone as well. I agree now and believe all are done. There is only one set in 2018, I think they will exercise. We are giving up dilution with their expiration, however raising money at these levels will amount to higher dilution over what was expected. These guys, by resetting the clock, know this. They are giving up these warrants knowing further dilution is inevitable. They are trying to lesson the hit by letting warrants expire. It's a shame that the pps isn't higher to cushion the blow.