Titan Medical Inc (TMDIF)

[Element41]

Two important news to follow in next couple of days:
(1) Annual Information Form (AIF) published on SEDAR will finally reveal WHOM are the proposed members to the board on the upcoming TMD annual meeting.
(2) The single entity who just took down the financing will become a "substantial shareholder" defined in Canadian Securities Law as being someone holding 20% or more of the voting shares of a company, but less than 50%. Look for the Early Warning Report to reveal who IS the strategic shareholder upon closing. Also, regulation surrounding a substantial shareholder has much more responsibility and transparency filings than just a regular insider holding between 10% to 20%.
I would hate to be short before that is announced.