Titan Medical Inc (TMDIF)

[Honeycomb777]

Well it is obvious that they raised the offering amount because there was alot of interest/demand. Anything less than a FULL participation now would be a cause for concern/questioning.

These warrants are plain getting out of freakin control if I am being honest. After the small tranche of the March 2018's expire EVERYTHING else will be in the money - well before they expire.

Why wouldn't more Private Placements at a discount have worked instead of MORE dilution with common shares AND warrants ?

** can't wait to do the math when the next MD&A comes out as that will have everything in there = nice and clean. I'd even argue that most of the 20's and 40's would have been exercised by then and if not - those warrant holders will likely be holding on to them until closer to expiration.