Titan Medical Inc (TMDIF)

[elMoose]

Obviously dilution reduces the stock price. But it is not the only factor.

Compare the device at the start of this investment versus now; are they the same? There is a vastly more advanced device that is worth a lot more that has been developed by this company where millions have been spent on that developement. It was not a zero gain in value in each stage.

And so we are talking about the value. If it was worthless from the onset, then why was it worth more than 16 million back then. You can't have a regressive pricing if the value of the product is going up.

Now I don't give a damn at this point because I don't own it but I do believe that there is a force which brought it down to current price because it is worth vastly more. It is not a piece of junk.

All the money raised would have been spent on the device and would have added value and that should have been reflected in stock price.