Titan Medical Inc (TMDIF)

[Times Yours]

Thanks BK. Good stuff as always. My guess(and it’s always a guess- I try to make it an educated one) is that Titan and MDT have a milestone related BO agreement in place. If they make it through milestone 3 it is worth so much, and if they complete the final milestone it will be worth an escalated dollar figure from there. I also am not sure that the development agreement is for the current HUGO robot. I suspect they are ready to cut this loose and get regulatory approvals based on what we’ve heard from them. Could this be for another robot MDT has under development? Endoluminal, maybe? Second generation Hugo?