Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

Reply 114419 Monk: I don't agree with some of your scenario. I hope you're wrong, b/c as the CEO (Any CEO & BOD) Mc has a fiduciary duty to the benefit of the shareholders and so does the BoD. That behavior you describe is in default of those duties. I'd be cautious with those "guesses," or theories. Even if Mc did nothing, and those conversations/plans took place, that would create suspicion that he and the Bod may have postured in direct conflict with the loyalty, trust and most importantly good faith elements. This is subject to further discussion/debate, but I think it ends at the same place. IMO Good luck to all. Regards, BK.

Reference:

https://www.nolo.com/legal-encyclopedia/fiduciary-responsibility-corporations.html

https://smallbusiness.chron.com/legal-relationship-between-shareholders-ceos-33637.html#:~:text=The%20duty%20of%20loyalty%20requires,to%20avoid%20conflicts%20of%20interest.

https://www.investopedia.com/terms/c/ceo.asp