Titan Medical Inc (TMDIF)

[DRG1025]

Regarding the $1 options, that's what I think is happening as well. They are getting positioned for a buyout to ensure they make something out of this. I assume since they valued the options at $1 they think they can get per share buyout of at least that. But I highly doubt it will be much above that. I wouldn't trust these guys with a lemonade stand. The timeline adjustment in November 2014 seemed to be what started the downward spiral of this stock. Go look at a line graph. From that point forward this stock has steadily tanked. That decision was a colossal mistake. Just one of many by this management team.