Titan Medical Inc (TMDIF)

[Honeycomb777]

Dude - Please read what you just posted...142M warrants are out there right now and at least half will not be exercised any time soon.

That means Titan will still need financing BIGTIME. They will raise $$$ then, with less favorable terms as they need money NOW.

If/when an acquisition comes - they will still have to factor in the majority of the unexercised warrants as most don't come due until 2020 or later. Yes - those holders will be paid

Hence, your looking at say 250m o/s plus maybe 70M warrants being exercised on the lower end of the PPS range plus another 60m in new shares from offerings over the next 5-6 months plus those remaining 65-70M warrants upon a takeover/buyout.

320=130 = 450M...now do you SEE how it has to have an eventual rs ? Being that it's the OTC, the sharks jump all over it once that is announced and PPS goes way down 99.9% of the time. Ya don't think ISRG would try to keep it down...ya think games aren't played? They can manipulate PPS of TITXF with just a few milly (play money)

It all matters and the damage that has been done by the last Mgt team is Horrific. Simple as that. Understand the stock you are in