Titan Medical Inc (TMDIF)

[Honeycomb777]

Let's think this through...Mgt. is not in this for salary only. The didn't buy on the open market but they do value their options - which is why they spent effort on repricing them. Federico makes his money with in the money options folks. Same w/ Zaring and as a Chief Commercial Officer, he won't last long with no product. This will be sold inside of 6 months...hopefully inside of 3.

I would be shocked if they don't award themselves a boatload here in the 50 cent range. If their $3.40's are say 30 cents in the money at time of buyout - they stand to do pretty well. Some have options at $2.20 as well (ZARING). There is something with this Zaring hire and it is insurance for Medtronic. That is an interested party IMO...compete with ISRG with Multi and SP and develop the software for both (their way). They would have great hardware and IP/Patents (INSTANTLY) for the SP. Plus, notes and plans on Titan's Amadeus too.

Does anyone know for sure if Mc declined legitimate offers of around $500M ? IF that was the case...$152M might be a hair low.