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Re: QuidWilson post# 58428

Tuesday, 08/29/2017 9:39:42 PM

Tuesday, August 29, 2017 9:39:42 PM

Post# of 140474
So do you expect Titan to raise the $60,000,000+ needed to get to commercialization through shelf offerings? Do you think that is even possible at this point in the timeframe given by the companies timeline to commercialization?
TRXC just raised $25m and got $17m in loans. Company has minimal revenue. I'm not an expert on financing med device startups but I know enough to know that the numbers won't work for our investment if something doesn't change here.