Titan Medical Inc (TMDIF)

[Rollgard1]

The Beauty in the way MDT did this agreement/pre buyout.....

could be this.I do not know how the weighted value would be calculated as to the risk factor if MDT did the BO before FDA approval.In a normal BO,as I stated before(and won't bother all the details) but the BO offer is appraised by outside bankers that specialize in evaluating fair market value.Up to 3 independent appraisals.

Now,while this is unique if rocko is right(which I agree and I never thought of it until he mentioned it) MDT uses TMDI IP to sail it through IDE/CEmark...and we follow in their path,MDT would and could pretty much in a short period of time say 60 days -have human trials completed using HUGO.

It the results were stellar,they would then be mumbling among themselves waiting for ENOS to complete human trial,and file for FDA approval 'might perk up some other competitors.....

IF,IF,IF,this is MDT strategy meaning seek IDE/CEmark first and they get approval start human trials,perhaps even complete human trials,our Agreement would still be in effect-meaning no one gets in the sandbox because A) Enos hasn't moved as far along as MDT has B) The agreement doesn't even allow a business conversation with an outside party as the filing states this too...(no one gets to get chummy with TMDI without MDT being aware of it)......

Bottom line-when MDT completes it's human trials it will know then if all the risk is out of TMDI and should feel pretty confident if they do a BO now,based on the results they have,the appraisal would come in for a less amount because the appraisal would have to be discount xxx amount for the risk factor-even though MDT using TMDI IP would prove there is basically no risk....MDT would be the only one privy to this information and if indeed their human trials are outside the US,they can pretty much keep their results from leaking as to what their surgeon feedback is...

Jmho....but one way or another I would say it's MDT for the BO all the way and in 2021 towards 4th quarter at the latest...Then again MDT might pull the trigger after IDE/CEmark approval...Toss up....See what happens..Tic Toc.........Thanks Roll