Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

Reply 127711 SPORT, so MDT made Titan get $18M of financing, when MDT could have given it to Titan? Help me understand what point you're trying to make.

IMO, MDT made Titan get the financing so they wouldn't create the Mazor share price debacle for themselves, all over again.(IMO) I think you missed ALL of my points entirely. MDT isn't going to create a problem for themselves. At least not the same way, through a series of events as the Mazor deal.

My message 127701 in response to yours, (with details) provided you with the reason(s) that MDT would never "give" the $18M.

Which was b/c MDT or Titan would need to publicly announce that they were buying part of Titan. And MDT would experience the same Mazor share price pain all over again with Titan. (Actually, I think Roll pointed this out earlier). And my support information also pointed out that during the MDT-Mazor partnership/BO, MDT had no control over any of public information and the share price for Mazor went from $10 to $70.

Which is why (IMO) the agreements with MDT are structured the way they are.

The structure for this "simple" development agreement contain ridiculous terms and conditions. The levels of secrecy I can understand. But not the boardroom oversight and a ludicrous $1.5M loan. There's already a special Steering Committee of combined resources from both companies doing full oversight.

I'm looking for ANY information that would lead me to a different conclusion. Please tell me what I'm missing.

Good luck to all. Regards,BK