Titan Medical Inc (TMDIF)

[West Coast Snapper]

After seeing the company today I am certainly more intrigued once they get the engineering issues resolved and get enough cash on the balance sheet. They intimated if the stock moved up on the IDE submission they raise money off the F-3. They’ll need $9-$10M a Q not $18M. So even if they raise $10M they’ll still have to raise another $10M 3 months later. The tech may be good but financing risk is through the roof. There is t enough volume to raise that money with Aspire