Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

Reply 127267 Beast: Thanks for pointing that question out in the Q&A. That was a B.S answer, if I ever heard one. And it was probably true. But I ask: Why agree to such an out-of-place condition in a loan agreement? The development agreement is separate, with separate milestones. And the other answer Mc gave about IP, and Titan's ability to do as they wish is not exactly correct. The license agreement for $10M for the initial IP is an exclusive agreement. Some may conclude that with the "exclusivity" terms of the loan agreement, it would give MDT more time before deciding to make an offer. It does. I think they want to see what ENOS can do, how the testing goes and get a better estimate as to how long it may take to bring it to market before making an offer. The critical element that benefits MDT at this point - with the loan in place is TIME. On the other hand, it benefits TMDI too b/c we can generate more IP and IP applications. And it's very interesting to see the new BOD members and recommendations. IP - the gift that keeps on giving. Good luck to all. Regards,BK.