Titan Medical Inc (TMDIF)

[Honeycomb777]

Some PRECISE MATH:

The following table summarizes the outstanding share capital as of March 31, 2021:

Common Shares 109,527,690
Stock options 4,685,021
Restricted share units 1,527,860
Derivative warrant units 19,592,392
Equity warrants 9,912,633

Source: Last MD&A filing

So add these up and subtract those $22.50 CDN and $18 CDN Outstanding Warrant Tranches. (assuming those will be out of the money / expire worthless)

Here is what the BO price tag would be on a $9 PPS and a $10 PPS

143,075,000 x $9 EQUALS $1.287 BILLION

143,075,000 x $10 EQUALS $1.43 BILLION


* Do you folks realize that at the very least more goodies/awards will be issued, especially to those Titan new hires who will want "theirs". The count only goes UP peeps. I will standby my opinion that a BO happens in late 2022 for NO MORE than a $10 PPS on what will be MORE fully diluted and a slightly higher overall price tag. $10

TODAY is the very last day of Q2...we will get a brand new table upon next FINs release. UMMM - it won't be LOWER than what is shown above !!

PERHAPS ROLL OR TACO WILL DO A SIDE BY SIDE COMPARISON, THEN ??? (Where are your options and/or RSU's ?)