Titan Medical Inc (TMDIF)

[DRG1025]

Need a realistic educated "guess" on a potential buyout figure for a friend of mine entertaining getting in on TITF. I've got a friend who has heard me talk about Titan/SPORT in the past and occasionally will ask about it. I've rarely wanted to talk about it, because (like many of you), when I first got into the stock I told all my friends and family. Some bought in and I've been embarrassed ever since. So I stopped talking about it. Well this guy was told about Titan/SPORT by someone else other than me in the last month or so. He's got in contact with me and seems like he's close to pulling the trigger on getting in. The people that he's been talking to about Titan say the company will more than likely be bought out. So his question to me is "What type buyout do you reasonably expect?" He's talking in terms of $/share. He said it would have to be at least $5/share to make it worth him getting in at these levels.

I know the question is pure speculative, but for those who have put potential figures to it, is $5/share truly a realistic buyout figure? The assumption is they will be bought out. I completely understand there is a chance they go at it alone. But for this guy's question. Assume a buyout will happen. Thanks in advance.