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Tuesday, January 29, 2019 1:27:07 PM
Never owned a single share in TMD. Because there are a few years before expiration and after FDA approval, its like holding the shares for me. Less capital invested and much more leverage. I know this field very well, so it was a no brainer for me but would not have bought the shares anyway even with the major potential here. Warrants are NOT for everyone and most should just stay with the shares if they want to sleep well at night. People are waiting for TMD to go into commercial production. IMO, will never get the chance as they will be taken out long before under a business combination proposal. The logical business choice would be an existing "manual endoscopy" manufacturer like Karl Storz, Olympus, Richard Wolf or Stryker. Others are possible like Conmen etc, but that would be less logical & unfortunate to my first choice for a newcomer to own those valuable patents.
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