This is only my second posting, I read the hub almost daily, I hold thousands of shares, not hundreds of thousands like many of you, I also plan to purchase more after the holidays, it is my intent to stay to the end, either up or bust. I am by nature an optimist, and still have high hopes for SPORT. I do however foresee problems in the hiring of some hotshot CEO, as I see it we have little to offer. We are currently short of funds, have a dismal track record, delay after delay in timelines, numerous funding issues, carry unnecessary personnel, total loss of confidence in management, and the BOD, little public esposure, along with numerous other issues. As far as the company goes the only bright spot I can see, is that I believe we have the potential for a phenomenal piece of surgical equipment, if it can be pushed to approval and production. At this time I believe all we can offer is millions of shares which will only be good after a turnaround, and a chance to make a name for him/herself as a person with a the ability to turn around a failing company. I assume he/she will have to be independently wealthy, to hold out until the turnaround. As I said I am in this for the long haul, but please if I am missing some bright spot, someone please enlighten me.
I agree with Mustang (and want to thank him for his level headed blogs, and work in the past) on the number of letters from shareholders, it is my belief to frequent letters to the leadership of Titan will only be considered harassment, and will result in less communication, with little or no result on stock price. I believe management owe the stock holders regular updates on the status of any changes to timelines, funding, personnel, technical advances, movement with CE/FDA etc. I also believe they read this board, and are fully aware of the stock holders unhappiness with the delays, misstatements in the past, lack of communication, constant funding issues, and the total misdirection the company has taken.
All that being said, I hope everyone involved in Titan has a great holiday season, and look forward to brighter days after the New Year.
