Titan Medical Inc (TMDIF)

[66Mustang]

Should I track everyone's responses and then do some averaging to see where we stand as a group? Everyone would certainly have the right to vote their own conscience, but we might be more influential as a like-minded group if we have a target in mind and agree to vote accordingly. We would just need to ensure everyone provides their input.

When we were gauging our potential influence as a group of shareholders several months back, there were 188M shares outstanding, and we iHubbers as a group (those who reported in) held around 6% of them. I have increased my position by about 30% since then and I think most people here did as well if they could, plus we seem to have a fair number of new contributors here since then as well. There are more outstanding share now, but it is not unreasonable to think that between our increases in holdings plus the newer contributors, we could be sitting on over 10% of the company. If we band together, we might have more voting influence than Longtai! (They have warrants as well, but I don't think warrants represent voting shares if they aren't exercised... maybe a good reason for warrant holders to exercise sooner rather than later; they can improve their voting power if a buyout offer comes around quickly.)

IITF, I think warrants would still be exercisable for a buyout so I estimated 400M shares; therefore $2B would be $5/share.