I am always up to the challenge of assembling another letter, but as always, I have questions.
Who would the recipients be? Do we target wealthy individuals, or known investment capital gurus? If we could put Titan on the radar screen of a Tom Gardner/Motley Fool-type organization and they did a blast on our behalf, we would probably be golden from a hundred thousand folks on their distribution list dropping a couple grand a piece on Titan; the PPS would rise to levels which make another offering substantial while minimizing dilution and possibly giving Titan the opportunity to uplist.
How can we entice investors or convince them to join us when we ourselves as a group (some folks more than others, obviously) keep such a high level of negativity on this message board?
Would we identify ourselves in the letter? Shareholders? Interested party? We would need to ensure there is no confusion about the source of the letter; it would need to be clear that it isn't coming from Titan.
Would we attempt to formally extend the invitation to potential shareholders to just buy some Titan stock, or do we offer some of our more applicable and positive findings in link form for them to do their own due diligence? If we offer a link to this board, we could well be shooting ourselves in the proverbial foot (with the aforementioned negativity) despite it being a reasonable source of information. On the other hand, we could provide links to Mr. McNally's recent article, to a bio or two on the recently hired management team, all of which cast them in a favorable light. Add in links to the article which showed a valuation of $4/share for the technology over a year ago and a couple quotes from people who have seen the prototype in action; all such feedback that I have seen has been very positive.
Do we attempt to send directly to our intended audience, or do we try to spread it around the web with various social media? A handful of people with Twitter accounts and Facebook pages, with a cleverly written teaser about the company, the system, and the future of robotic surgery, could catch on if we do it right. It would be extremely cool to be behind a viral post which draws world wide attention to our Little Engine That Should. I find it somewhat incredulous that word doesn't seem to be getting out there about the company, the SPORT system, or the opportunity for a fairly small investment to bring substantial windfalls to every day working folks.
Are there laws against such a thing? Would it be considered a form of stock price manipulation? I don't claim to know the laws as they pertain to this. Presumably none of us are "insiders" by any legal definition; we just happen to follow this stock based on our experience in the medical or medical device fields or as knowledgeable investors, or via word of mouth from someone else who fits these categories. But legality is always a concern.
Has anything like this been done before? If so, was it successful?
Could there be a downside for Titan's (unknown) business plan if suddenly a bunch of small investors start buying up stock and driving up the price? It is easy to assume that it would be all good, but maybe there is an unknown which could be jeopardized.
Do we write to Titan in advance and let them know that we would plan to do something like this (if we were to do so)?
Lots of questions, I know... Please contribute ideas and opinions. Maybe we can get a rally going here. Or maybe it's just a bad idea! But lets figure out if it might be worth pursuing. Our first couple letters were surprisingly well received!
In a few minutes I will be away for the evening, so I'll catch up later tonight or tomorrow morning...
Be well!
