Titan Medical Inc (TMDIF)

[66Mustang]

I forwarded as much meaningful information as he shared, which is only that communications are forthcoming, unless you consider his Happy New Year greeting to be meaningful from a shareholder standpoint - but I don't see how I can make any additional money, so I'm sure the SEC would not object to him wishing me a happy year. Management can talk to me just like they can talk to their barista to order a Grande Macchiato. Neither conversation will give anyone an edge as an investor.

In my correspondence to him, my concerns over additional dilution were prominent. As for timelines, I don't think they would have the ability to create, never mind publicize, a valid revised timeline until the lawsuit and the next round of substantial funding are addressed. I sent a substantial list of my concerns, which I'm sure most of you share but probably would have expressed to him in a more blunt fashion. I designed my correspondence to encourage him to read to the end, which he apparently did.

Given that they are out of any substantial amount of money, any "game plan" has to cost more money. I was suggesting they explore possible fundraising methods which could minimize dilution. Hopefully they also have some ideas of their own for the same goal. And hopefully we will know at least a little more about what is going on soon.


Message in reply to:
Here's what I'm afraid of '66. The new "game plan" means more money, more dilution and another round of delayed timelines. Please do your best to tell me why I'm probably wrong about that. Because trust me, I really want to be wrong.

***AND***

How can mgmt talk to you but not address the shareholders as they are legally bound to?