Titan Medical Inc (TMDIF)

[66Mustang]

Hi all,

I did receive a reply this afternoon from Mr. McNally regarding my inquiry on the Longtai situation. He thoughtfully recommended that I summarize his points instead of posting his email verbatim, as the message board does not represent uniform public disclosure.

He pointed out that they do share our concern regarding the undesirable level of dilution, but that the conversion of the Longtai funds is in everyone's best interest and improves the working capital situation for operations. Longtai may become more of a strategic partner in the future, but Titan is currently committed to the schedule of stated milestones on the path toward US and European commercialization in 2019. He also mentioned that yesterday's press release highlights their milestone progress, their capital efficiency, and future capital needs.

He closed by thanking all of us for our support.

He did not delve into the portion of my inquiry about Longtai and their peculiar headquarters in a residential address, nor their Ningbo connection. By stating that they may become more of a strategic partner in the future, the implication is that they are a stable enough organization to to make "strategic partner" levels of contribution down the road.

The content was mostly reassurance, not truly new information, but it is appreciated that he is willing to reply to reasonable questions.