Titan Medical Inc (TMDIF)

[hopefulinvest]

The company definitely needs more money to be able to reverse split and show the institutional investors that there is money behind the tech. Just spoke with my patient whose business is taking pink sheet companies to the nasdaq and said that titan definitely needed more liquid funds before it could be uplisted. Investors dont want more dilution after they sell to there investors. They always have concerns about their reputation when selling new listings.
You always have to expect more dilution in a company that was mismanaged for years but believe in the end will have a decent buy out price.
Would love price drop to the 20 cent range buy lots more after weak hands are squeezed out.