Titan Medical Inc (TMDIF)

[66Mustang]

I'd say a good presentation overall, not presented with any specific level of energy; just a very matter-of-fact type presentation.

I liked how he elaborated on every hole in a patient being a potential for issues including the feeling of well-being. There were few little tidbits like that thrown in to add as discussion points.

He said there are about 1000 sites with da Vinci installed, most with multiple units. For service revenue in just the US, he said the opportunity is for 10,000 installed units. I don't know where taht number came from. Titan taking on ISRG is literally David (McN) vs. Goliath. 10,000 units means major Titan saturation of smaller venues, surgi-centers etc. as well as substantial penetration into ISRG strongholds. I would certainly love for him to be right but that sounded a bit optimistic to me. 10 years down the road, who knows... but there will be others in the game then too.

And you guys need to be more optimistic as well. Glass half empty or half full... I'm not saying anyone is right or wrong; sometimes we can all be right. I say there was 100 percent audience applause at the end! Yes, ALL FOUR OF THEM clapped.