Titan Medical Inc (TMDIF)

[FISH21049]

My guess is that the job postings are to get them through the annual meeting where they can show that they are making an effort to make a go of the robot. The money they raised from the offerings will be used to pay management salaries and new hires for the new hires for a few months before they need to do another raise or get them to a level that they are not delisted.

They will probably spill tears at the meeting saying the Pandemic delayed any progress on the robot.

Will they mention anything about their goal for the BOD and management to find a solution to their problems? Their response will probably be that in the best interests of TITAN, they will proceed with the development of the Robot. They will also say they are working diligently to find a partner or a suitor.

Bottom line IMO is they will sell for pennies on the dollar or default and go bankrupt.