Titan Medical Inc (TMDIF)

[66Mustang]

CrownJewel, That's entirely up to you. And depends on what you consider to be rich. Here's how I have been figuring it...

Fully diluted, we will have in the vicinity of 125M (+/-) outstanding shares. So a $1.25B buyout would mean about $10/share, or about $400K for you before taxes. Or a $1B deal is around $8/share or $320K for you.

I'm trying to get to 125K shares so I have 0.1% of the company, or $1M per Billion in buyout. Easier math that way.

As for "rich" I'd be happy with a couple million for a comfortable retirement but I wouldn't consider myself "rich" with just that, merely comfortable. For me, "rich" will require a top tier lottery win!


Message in reply to:
I just want to get rich! Am I asking too much? 40k shares. Is it enough or do I have to get more??