Titan Medical Inc (TMDIF)

[66Mustang]

That was my take on it as well; it sounds like they plan to go it alone and I'm good with that. I'm surprised they are now aiming for US first. So many organizations seem to go for CE marking first, then adapt that filing with some addenda for their FDA submittal. But with an existing relationship with the FDA, maybe that is best after all, and should be easier to initiate market penetration without fighting language barriers on top of all other challenges.

I wish they could bring the timeline in a little; still two years to market... understandable, but not what I was hoping to hear. Chinese distributor is still on board. We might not need to return Longtai's $2M deposit after all!

From the standpoint of the presentation itself, I like how he stayed on topic regarding the various advantages over the competition. I would have liked to see some additional numbers presented for financials - prospective investors wouldn't want to hear things like how soon our current funding will run out, but he could possibly have provided an estimated market capitalization vs. anticipated revenues over the first couple years, just to give people some better info to work with when determining the real potential profitability of their investment.