Titan Medical Inc (TMDIF)

[elMoose]

I believe that given that this thing is incorporated, its executives are pretty much immune from being liable for incompetence or negligence.

They have no money to pay back losses to any entity.

If they sell, the buyer will be paying fraction of what it was worth a month ago, and so shareholders will remain bag holders.

Nothing will change.


The buyers will not be necessarily angel investors, their mission will be to screw the remaining shareholders.


I don't see any way out.

Unless shareholders put a bid and buy the company outright.