Titan Medical Inc (TMDIF)

[Facetrain]

Its so easy and I wonder whether many people do not understand the reasons why Titans share prize is so low. 2000 Years ago the first question by romans in confusing situations was "Cui bono?" Who makes profit from a specfic situation?

1. I estimate that MDT already owns 1/3 of Titan directly or indirectly, scooped at unbelievably cheap prizes. From my perspective MDT already saved 0,5 Billion Buyout money minimum. Megane Rosenblatt stated last Friday at SRS that MDT and TMDI are in discussions since years. What means dicussions?
Covidien was taken over for 43 Billions 6 Years ago. Now they are in serious danger to loose their homemarket in traditional open and in minimal invasive surgery. The markets are rapidly transferring towards robots and it seems that they have nothing ready in the pipeline. The whole senior management would loose their jobs and heads if not getting prepared to buy into available technology.

2. TMDI Management as well absolutely could not have had real interest in higher share prizes. 9 Million options for 0.88 $ each vs. about 3.5 $ before is a difference of 24 Million less investment = more profit. Serious money for employees of a tiny little company.

I guess things have changed now that the dramatic problems of J&J and MDT have become so obvious. Here in Europe both companies Ethicon and Covidien are cutting down jobs since staplers are facing heavy competition by chinese clones. And both are loosing profit rapidly.
House is burning! Hurry up.

So; Cui bono?

Thanks
Facetrain