Titan Medical Inc (TMDIF)

[hopefulinvest]

The share price drop is due to the fact that once the timeline is changed, the ability to get to fda submission with the present funds is Zero. They will have to raise more money with more dilution at a lower share price.

We all knew there would be more dilution but hoped it would be at a higher share price.

Whether the robot is a game changer will be determined by the market place when they finally try to sell it. We have not even seen a video of how the robot docks or how easily it is to change instruments while docked. That is not an insignificant issue when trying to sell a platform.

The price will not rise much until they actually have completed every change and completed some amount of fda data, because of the lack of reliability of the company to ever get to that point without some issue delaying things.

Just be happy that your shares are not tied up in a raise, you can sell at anytime and get some of your money back. I did.

Say to yourself at this point, would I recommend friends and family invest now. I would say no.