Titan Medical Inc (TMDIF)

[diversify]

I hope so...but this CEO gig is looking like a tough sell to me. We clearly aren't seeing what's happening behind closed doors, but some of the recent nuggets of info that are coming out are not pretty regarding timelines, how truly developed the system really is, etc. With financial issues looming we need to lure someone in by giving them a lot of stock, but if they see no real value in the stock (or a very long path to get value/growth) they won't join.

The typical thought process is look for someone with turn-around success, someone who has taken a product from pre-FDA to execution, blah blah blah. What I'm looking for more than anything are the degrees of separation from the upcoming CEO and big execs with heavy players (execs) of companies like Verb, J&J, Medtronic, etc. I think that will be telling as to what discussions, if any, Titan has been involved in with those companies. I've been in the medical field for 12 years (sales) and it's a very small world when you step back and look at it...especially in the upper ranks of companies. If we hire an outsider, I'll be concerned.

Just my $.02.