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Wednesday, September 20, 2017 3:44:36 PM
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
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