Titan Medical Inc (TMDIF)

[Flenderson]

No additional raise scheduled for 11/30. 23 mil CDN was raised per public info. Announcements will be made per the normal process. Ontario is in control of this and just following the normal legal process. Bloom burton gave us much more favorable terms this time around, per Mc. Very high demand for the recent raise. Mc is not a fan of small raises every other month. Very pleased to get a nice chunk out of the way and not have to worry about it for a while. Enough cash to at least get them through Q2 of next year. Not willing to say how much into Q3 they have.

Titan is extremely excited to continually have the enthusiastic support of Dr. Advincula. Mc appreciates his no nonsense, tell it like it is style. some on here were a little critical of his quote not being enthusiastic enough. It's not his style at all. World renowned and VERY well respected and connected.

No new tech applications being suggested at Columbia. Hence, no delay in timeline. Surgeon feedback is valued greatly, but Mc is on the fast track.

Sticking to Q4 timeline of Strasbourg installation, etc. Mc is aware were down to 30 days, but still planning on it being completed within this timeframe.

Fowler is not officially connected to Titan anymore, but still has an interest in Titan succeeding. Sounds like he offers his advice and expertise unofficially.

Mc is not concerned with recent pps movement. does not appear to be related to anything (news, etc). IMO, the pps is still digesting the recent raises.

GLTA