Titan Medical Inc (TMDIF)

[Geo2014]

I am starting to believe a scenario like the one you just mapped out is logical and quite possible. And it makes as much sense as any other theory that has been discussed here.

If true, Titan has covered all their bases. They cannot be accused of withholding anything from shareholders. There is not one shred of real evidence that Medtronic wants Titan's single port robot. Titan ran out of money and could not raise any through an offering. They said they still need roughly $100 mil to get SPORT to FDA. MDT needs help with their robot. An agreement was made between the 2 entities for a potential maximum of $41 mil to TMDI so that they may continue to develop SPORT. In return, MDT receives some technology they apparently need.

That's it! That's where we are. Yet people on this board STILL think this tiny public Canadian surgical robotics development company worth .74 per share - that has changed gears numerous times over the last 14 years and STILL does not have a FDA cleared device - is going to fetch upwards of $5 bil or more in a buyout inside the next 12 to 18 months.

I've been reading this garbage since early 2014. This is a never-ending nightmare.