Titan Medical Inc (TMDIF)

[Sandman120]

Re: A buyout....If anyone here was a very successful businessman with money to invest and saw the opportunity to buy a company that was in utter chaos like TITAN would you buy it?? I would not. The IP is only worth what someone is willing to pay for it and so far NO ONE has stepped up to the plate. This incredible device and it's future has been so mismanaged IMHO that no one wants to deal with the present management as it is.

Regarding what we don't know that is going on behind the scenes....when people show you who they are believe it. It is more than likely worse than the good folks on this board have any idea. which is why no one is stepping up. The science is very sound and the device is incredible as far as we know but digging through and restructuring management after a buyout will be more costly than we have any idea which will add to the cost of the buyout. Risk/benefit ratio for the near future is way too high.

You can't just fire the management without buying them out on top of what they would already have to pay. They have contracts too which would probably preclude them just getting canned. Despite the fact that SPORT has come this far it has a much longer way to go. The suppliers most likely fully believe in SPORT but most assuredly not management. Why would they when none of us do.