Titan Medical Inc (TMDIF)

[66Mustang]

This certainly would seem bizarre... if it was any other company!

I'm with BigT82 in that I would rather ride this out for a couple years to see where it goes. I also was looking for $10 per share or more when we get there. Are there other reasons they might pull the offering? Was it somehow restrictive, maybe being registered in Alberta and British Columbia imposed some other limitations? Even a plain old loan of some sort is probably preferable to the amount of dilution we have in store at these levels.

There has to be a reason they would take the offering off the table. Is there some sort of tax disadvantage to leaving it open? Maybe they want to roll the dice on the RS already? If I understand this correctly, shareholder approval was not a necessity for the RS, but they put it in front of us anyway, up to 30:1. But if our approval wasn't necessary, could they possibly be doing a higher ratio for the uplist?

If it was a buyout, I doubt they would be giving the company away based on current share price when they know the value is there, and every new patent approval affirms the value further. Market value of the technology would have to be closing in on $1B given the upcoming competition in the marketplace, and that's over $4/share. But even if they were conducting the Fire Sale, that alone should drive PPS... like, starting TODAY!

I'm just throwing things out there, but... there HAS to be a reason! It seems like such a small move to withdraw the offering, but there has to be a much bigger reason driving it.