THIS is what we are truly talking about! ISRG is nailing it. They have a market cap of 30.5 BILLION now. All the talk of R/Ss and whether it is good or bad, really doesn't matter much IMO. Two things matter most... If this is a viable product to market? We are all betting on that and that is why we are here. And when it does get to market or even FDA, how much does the MARKET think it is worth?
If we go on a a shares outstanding of 250 million and the MARKET values our product at 10% of ISRG than we are at a PPS of 12.2. If we do a 4/1 r/s and have 62.5 million shares the MARKET will not look at it any differently. 10% of ISRG would be PPS of 48.4
The key is if and when to do it. The OTC is a place for development companies inherently. If there was an early split that got us to up list to say NASDAQ, the big money investors would grow tired of the need for money and fundraising and likely the stock would take a beating. It is taking a beating now, but there is a chance that the warrants could come in to play even if far fetched... When Titan gets to the big boy market it is crucial to be legit and worry free IMO. So playing it now with shit fundraises and hopes of warrant execution makes a little bit of sense.
Everybody remember or look up price history of TRXC. A CRAP robot but closer to FDA... the market cap was up to above 700 million! Crazy. It is crazy that they are still significantly above us even with CRAP. At 700 million now we would be sitting at roughly PPS of 3.3. My point being, that the market can work fast. TRXC went from .35 to 5 a couple of years ago. They split and floundered.... because they had a CRAP product. Smart money learns you know... they can get excited and then they learn. All with a bunch of market players thrown in the mix.
Titan is in a bind with money. I think there is a better team in place to get the money and move more efficiently at utilizing the money to get to the finish line. If you buy more, get lucky on timing or just average down IMO. The more you have now, the more you will have in a r/s and the more you will have without one. The new SAB members, the patents, the leadership is giving me confidence to get back in strong. GLTA!
