Titan Medical Inc (TMDIF)

[drrc1949]

Belize/Scalpel,

That is the only realistic conclusion that one can draw. We know that Mac was aware of the damage that can befall a company stock following a RS. That came from his mouth. We know that he both understood and was committed to supporting the stock after split to try to avoid the above. That from his mouth also.

Mac had previously banged out multiple highly dilutive cash raises because the money was there to be had AND it was needed. There was no thought of support in those raises. Not that we could stop it but many here agreed to the RS specifically because of Mac's promises to shareholders, promises not kept.

So rather than support the stock after RS or even sit tight for a bit while the PPS was rising, Mac announced a massively dilutive raise that, if successful, would take the company to FDA approval. I did not believe the raise would be successful and it really wasn't. We were led to believe that institutional investors were sitting on the fence ready to buy, many retailers were moved to double down as a result.

It took, what, forty days? to close during which it was touted that $50 million would be raised (prompting even more commitment from retailers) and we couldn't even get to $20 million. As we saw, the longer the closing dragged on, the more the PPS retreated. That is all on Mac.

So we retailers suffered serious dilution at the hands of previous management and I would agree they may have been incapable of ever bringing SPORT to market. I think Mac and team are capable of getting SPORT to the finish line but retail investors (us) have been diluted almost into oblivion.

I think it's crystal clear that Mac has not and may never take us into consideration . SPORT may one day be a raging success and management will profit handsomely but many here will never see that translate into profit for us. There's nothing we can do except wait and see......and believe nothing that Mac says, only what he does!

JMO/GLTA