Titan Medical Inc (TMDIF)

[66Mustang]

I don't know why... maybe PRs were supposed to prop up the PPS instead of crush it, so fewer shares/less dilution would be needed. And we don't know what they have in the bank right now; the HFE PR indicated that Q3 spending was a lot lower than projected because of the new timeline.

Keep in mind this also means they have known about and have been working to this new time line for a while now to have realized the cost shift. They went a while without announcing the slip. Maybe they should have released just the HFE info and Advincula's blurb, and held off on the schedule slip info until after the raise!

But again, all speculation on my part.


Message in reply to:
Why no raise before these prs mustang.u know mcnallys past He’s always done raises With plenty of money left in the bank Now all of sudden he’s gonna wait to we are practically down to nothing And PPS is so low. Something doesn’t jive