Titan Medical Inc (TMDIF)

[elMoose]

I think the stockholders message to the company was being massaged by the shorts' talking point by convincing the shareholders to feel bitter about the company and its executives and the execution. The shareholder were convinced to act against use of close-to-money warrants in order to get financing. In other words, the company was suckered into shorts' plan.

The should have used warrants close to money to get cash. It would not have mattered if the company's officers were getting rich etc.

On the other hand, the dilutions could have been done in very small increments and randomly to prevent the shorts taking the shareholders as hostages while waiting for these dilutions to materialize.

In any case were are here and now.

They need $36.6 million to complete the project. This dilution should raise that amount if the warrants do get exercised.