Titan Medical Inc (TMDIF)

[SPORT19]

predicting what Titan will do next is like predicting where lightning will strike next but here's what I think they are probably trying to do:

I think they know they have taken this as far they will without an industry partner. They know they can't keep starting and stopping development anymore, I think Ximedica and Plexus have made that clear. They also know that they aren't good at raising capital and that's being kind. I think they are contacting those who have expressed interest and other players in the industry. Interesting time as these other companies probably weren't expecting this at this time as well. Hopefully there is interest and things heat up. I don't think they want to sell and i don't think we will see anyone in management leave in the near future.
The good news is i believe they have gotten far enough in development to attract a partner. SPORT has been demonstrated at 2 major robotic surgery conferences. Cadaver studies with leading robotic surgeons (MAYO). Human factors studies initiated. Great advisory board, Fowler, Ximedica, Plexus. All good. I can tell you first hand that the platform is aesthetically gorgeous. Looks even better in person.
I'm hoping that those reports on this board of a half dozen meetings with Stryker executives and engineers was true. Fingers crossed here.
Anyway that's what my gut tells me but as we know anything is possible with these guys.