Titan Medical Inc (TMDIF)

[66Mustang]

I must respectfully disagree. It won't hurt at first because it won't hurt at all. First, warrants are already factored into my personal calculations because I believe they will all eventually be exercised. As far as an RS to limit the number of shares of dilution in the future, that is nonsense. It just throws a linear numerical factor into all the numbers.

Example only: Let's say there are 400M shares OS at $.50 ea., and for the example, I own 40M of them. If they want to raise $50M, they dilute by an additional 100M shares. There are now 500M shares and I still own 40M of them, so I went from owning 10% of the shares to owning 8%.

Now in a 10:1 RS, the initial 400M shares would now be only 40M at $5 each, same market cap. And I now only own 4M of them, still 10% of same market cap. Now to raise $50M, they issue 10M shares at $5 each. Now there are 50M shares and I still own 4M of them, or 8%. EVERYTHING is the SAME except the factor of 10 being applied.

The only real difference is the chance to uplist sooner with an earlier RS. I don't think I'm getting screwed either way. If I end up with 1/30th of my current shares but worth 30 times as much per share, who cares?

We need to stop telling people how badly they are going to get screwed. We are in a great place.