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Friday, October 21, 2016 2:03:51 PM
What's the revenue potential for CA and EU, vs USA? And how much sooner can they get to CE? Time, features and tasks cost money.
If the design freeze contains 90% of what the FDA requires, or close - the company doesn't need to go for further delusion.
Once there is a market value because of CE mark, and a revenue vehicle as a marketable product then there will be a pps multiple. Further, once pps is above the minimum requirements, then Titan must move ASAP to uplist and get further mileage. That has to be a focus for mgmt too.
You have to get to a viable launch point, then go beyond. I think reaching for a bigger target audience may be a bridge too far because of past mistakes. It may not be as big an issue if funding becomes available, but that's a big TBD. It's time to get the most expeditious plan in place to build confidence.
Regards,
BK
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