Titan Medical Inc (TMDIF)

[66Mustang]

Exactly. Does it make sense to hire your competitor to develop your product for you? No. Again, a complete logic failure for anyone who thinks so. Would they pay us to hit milestones in developing our own system to compete with them? Again, total logical fallacy. That would be entirely stupid, and Medtronic didn't get to be such a large, successful company by doing too many stupid things. Are they putting everything into this first release? Again, a No. They are holding the lens wash system for future upgrade potential, as with haptic feedback which they had on Amadeus as early as 2011 (https://titanmedicalinc.com/titan-medical-inc-announces-testing-results-for-beta-console-early-user-study/). In case anyone should think otherwise, or think we haven't seen it yet with Titan.

And as Mike0071 just pointed out, we still own whatever tech we already owned or had developed. Anything we develop with MDT belongs exclusively to MDT. Why would we put our best effort into their device if we don't get any benefit from it? Because we DO benefit from it, financially, in a big way when the acquisition is closed and done. Otherwise, our engineers would have some good idea, but not pursue them with MDT; they could add it to SPORT/Enos' design instead. Imagine the lawsuits over THAT! That is why it is all there in black and white... but there is more black and white that we can't see yet. The only way for Medtronic to prevent such trickery is to know they are going to own it all soon enough anyway.

Medtronic has done this whole thing before, and they will do it again after they own Titan Medical. It's just a question of will we be their 64th acquisition, their 69th, maybe their 75th? They're working on two more this month alone.

I like logic.


Message in reply to:
Nicely put 66. And why would we allow them to build a product using TMDI IP to compete with ours. I have no idea why they are doing it they way they are but theories are everywhere.

It will be interesting to see if the upcoming conference and Nasdaq listing compliance date finally gets them to provide some pps moving transparency.

I am still in the same camp as you that a BO, if it's going to happen, it's a next year event. Now does the recent JNJ news change anything? No idea:)

GL to all longs!