Titan Medical Inc (TMDIF)

[DRG1025]

With all due respect, we're no longer viewing this investment in 2009, or even 2015. As rough of a ride as this has been we've actually made progress and unless we're being blatantly lied to. We are months (not years) away from a design freeze. Which we all know is kind of a big deal. Like real big. Then after design freeze we are literally months away from entering the FDA/CE Mark approval process. So simply staying on course is what we need the most rather than a miracle, hail mary, "pull a rabbit out of a hat" type event. We just need to stay the course and not have any delays.

I agree, this investment has been weird in that it hasn't (from a PPS standpoint) reacted as it probably should to good news and milestones that most other like investments would have. To that I have no explanation. But I think the important thing is to focus on the things we do know. And we do know that we are literally months away from some major, major milestones. If the PPS doesn't react favorably to those. Then I agree, we have a major, major problem.