Titan Medical Inc (TMDIF)

[RockoTaco]

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:

143,075,000 x $35 EQUALS $5 BILLION

143,075,000 x $70 EQUALS $10 BILLION

ISRG has a $95B MC
CMR was just valued at $3B with a dime a dozen multi-port system
Vicarious was valued at $1.1B with 4 patents