I don't think they need to tell us what the actual milestone is/was. First of all, those milestones really represent development of the MDT project, not Titan's own. So it would be up to MDT to determine if they wanted that information to be public, and I assume it is most likely that they would not. The payment would probably be considered a piece of material information, especially for a company that has spent years fighting an empty bank account while trying to develop expensive technical hardware. I would be very surprised if it was referred to as anything more than "the milestone".
Also, I happen to know that I am one of several people who have never sold a share of Titan. I can't afford to. Murphy's Law fights me at every chance. If I tried to "average down", the buyout would be announced the next morning. Or some other achievement that makes share price jump. Hell, if I was to try to play those types of games, I probably would have sold most of my position in the first week of June for a quarter a share, and I would have felt compelled to jump back in at $1.50. That's just how my luck usually runs. So I can't afford to play those games. I'm holding, and will do so until I retire or they fold. If I can afford to pick up more, I will.
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I have two concerns:
1. Does Titan have an obligation to shareholders to state what the milestone is if and when they reach it? Can they withhold this information form investors? Telling shareholders WHAT the milestone tells us a ton of information.
2. People have been playing with this stock for years. I have bought and sold to average down. And if others say they have NOT they are lying. It would not surprise me one bit of a sale of 100,000 shares for profit taking. I know. I have heard multiple times. That is why the pps is where it is. No it is not. Lack of transparency is where we are now. Will continue to hold even if this happens.
