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Sunday, September 13, 2020 5:30:43 PM
I won’t argue that $1.25 is a good price by any means. I suggest that it would be a sufficient premium to the current market price and could get the shares they need to take control. Titan has been spending money by the tens of millions over the years and does not have a product. They have patents. The fact that we think they are worth x or y has no merit. The value is what Titan can get. They struggle to raise money ( that’s is where the history matters Roll). Titan medical has no product that is commercially available. Unless of course they are being deceptive. We can’t know other than what is in the filings. A hundred million for a firm that was out of cash in January could be fair. Keep in mind where the shares are today!
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