Titan Medical Inc (TMDIF)

[Honeycomb777]

So, here is where Titan is at today...assuming NO more goodies/freebies given out to anyone and the CDN $22.50's and 18's tranches expire worthless !!

1)143.1M x $9 PPS is $1.28B
2)143.1 x $11 PPS is $1.57B

now let's be real and face facts...o/s will rise going forward, so at:

3)145M x $9 PPS is $1.3B
4)145M x $11 PPS is $1.595B

5)150M x $9 PPS is $1.35B
6)150M x $11 PPS is $1.65B

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Now, let's look at how you (after perhaps 10 years time for some) would get a TRIPLE (WHHHHHEEEEEEEE)

1/3/5) have a cost basis of $3

2/4/6) have cost basis of $3.67

Now if it is in a retail acct (non IRA) you have to think about tax impacts as well on this measly gain.

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FWIW: I personally believe MDT will assist Titan with costs for Human trials and FDA submittal - I really do ! BUT, and this is important, they very well could make them raise again (as a condition of them helping) and that really F's up o/s count. 7M shares with say 3.5m low priced warrants means ya have to add say 10.5M to above count. The overall BO cost increases because of the share count...not the BO PPS and most would still get maybe a Triple.

Let's randomly pick #4 at $9 shall we ? 145M plus 10.5M is 155.5M x $9 is a BO cost of $1.4B. That is the very definition of a medium-sized tuck-in IMO.

* So IS Mc in bed with MDT OR will they seek out others soon ?? WHy hasn't that happened yet ?? HHMMMMMMMM