Titan Medical Inc (TMDIF)

[Element41]

The way I view and invest in this company is that its exclusively a play on patents & patents pending for "Snaking robotic arm with movable shapers". The amount of effort to define & refine meticously all the variables including the use of microelectromechanical systems (MEMS) for example is making the R&D development for the competition very difficult to navigate without partial or complete infringement. So time is the second biggest asset for TMD and allowing the competition "catch up" is not a bad thing. IMO, there is a zero percent chance that they will go it alone and try to find a global distribution channel Partner that will impose milestones. Either they get taken out, or at the very least, become a royalty holding to outsource the key utility patents to the manufacturers.