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Saturday, December 26, 2020 12:51:50 PM
I could possibly be more clear if we had ANY information about the content of the milestones. But, we don't.
There's a lot of guessing going on already, and much of it is really thin on substance. Yes, ColubrisMX is in the picture. However I'm still reluctant to claim any TMDI and ColubrisMX affiliation. It could be a question posed to Mc unless ColubrisMX is somehow included in the MDT projects. If not, then an answer from MC should be forthcoming b/c it may be a material event. IF there was an affiliation, then I'd say it would be b/c of an MDT interest, not specifically a TMDI initiated interest. But those scaled-down snake arms are a very interesting/enticing product. And for all of the previously viewed videos of ColubrisMX they were wristed with elbows and not linked snake arms - until recently. Hmmmm......
That's it - sometime in 2021. With caveats for competitors showing interest. But again, I'd really be surprised if MDT didn't already have so many hooks into Titan that there's no way for anyone else to play. The loan terms and conditions are just unnecessary with milestone payments, and the $18M offering requirements. So the "loan" sticks out as a major "what's this for?" event in my mind. It doesn't fit the situational awareness condition(s).
Good luck to all. Regards,BK.
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