Titan Medical Inc (TMDIF)

[RockoTaco]

Just to be crystal clear, the BO figure u put out is yours, which is fine and my BO figure is mine but doesn’t mean either is right.

The BO is what value Medtronic sees in surgical robotics. Starting at big picture, the value that Medtronic sees is ISRG at a $95B MC on roughly $5-6B in revenue. So at a minimum to Medtronic they see the potential to add $95B in MC just doing what ISRG is doing. BUT, Medtronic is not going to just want to do what ISRG is doing, they want better, next gen, IP protection, IoT, etc which is probably worth 10-15x current surgical robotic revenue in 5-7 years.

So when people talk $1.5B BO, i found it laughable and really not understanding what is taking place in robotic surgery and where it is headed