Titan Medical Inc (TMDIF)

[drmacd]

What a bunch of nonsense. You have NO idea of who will partner if anyone. I could speculate that there will be no deal and no cash and the company folds but that would have equal merit to your speculative crap.

If they do direct sales then look for dilution to fund the sales team while hopeful sales start to cover costs ... typically 2 to 3 years to breakeven.

If they use in direct sales then look for less dilution and deferred income since there will be no royalty until the distributor is making a profit and it will probably be on a sliding scale and perhaps capped.

Basically the company should have raised $300M a few years ago when the markets were stronger. Bringing an expensive product line to market when capital severely tight for medtechs is a minor disaster for current investors. The last investor in will make coin due to the dilution and clearly the management team is in it for the jobs not the equity so what does that tell you about their position on raising capital with dilution. I have been there and seen that story a few times now.

Basically the risk here is way too high to be scooping but the cheerleaders seem to feel that thy know better. I love the BS jargon on this cracker jack forum so SCOOP this HUGE runny pile of >>>>

BTW scooping is code for please buy my shares today. LOL.