Titan Medical Inc (TMDIF)

[66Mustang]

All just my opinion here...

As for when PPS will rise, I can't even take a stab at it. I don't fully understand marker makers' motivation and they appear to be largely in control. Beyond their control, we need good news and I still believe some good spin goes a long way as well. The AGM video should be out next week, and we will surely have a lot to discuss. If we try to nit-pick management over minutia in the presentation, it won't help anything. If there are some good solid facts presented and we do our due diligence to substantiate their claims, it wouldn't surprise me to see a run into the .20s in the next couple weeks, which could be the start of the trend. If the trend holds, .50+ could be easy by the end of the year. With a few more milestone announcements on schedule, it will be easier to convince others that Titan is the real deal now.

Maybe we could start a new trend by convincing people to buy and give blocks of Titan stock as Christmas gifts! Better anticipated returns than any savings bond in history!

There is also the unknown as to timing of the reverse split, and if anyone finds that concept scary... I think we need the uplisting but we need a natural rise in PPS first to ensure the minimum PPS is a lock.

As for me, I'll be 54 later this year, and most of my holdings are in IRAs. I have 6 years before I can hit those without penalty. Even if I hit $5M by then, I would expect to keep TITXF in the IRA for additional growth (think ISRG over the past 20 years!). 10% of my Titan is om a Scottrade account. If my total was $5M in 4 years, then my Scottrade shares are worth $500K, which would carry me VERY comfortably for the last 2 years until I can start my IRA drawdown. I'd say therefore at least 4 years for me personally. But if I can figure a way to retire earlier than that, I'll be very tempted to do so. I can't wait to leave the rat race to the rats!

My wife and I still have 3 IRAs, a 403B, and two pensions, but no crystal ball. We'll get there one way or another!