Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

So in order to compete.... Rocko, I like how you present each point and connect them. It appears very possible. I really hope it's true.

I'd like to restate the following in support of your points, and a larger BO than some have stated recently.

Medtronic can't get where they want to be soon enough with only 15-16 patents. Unless you think they can build their own version, which would take +350M and another 4-5 years. B/C they'll have to develop their own R&D for the parts that aren't covered, then apply for the patents, and then see if they are awarded. 4-5 years minimum.

For every year TMDI can save MDT the agony of not being able to enter another new RAS market segment is worth $1B$.

The time value of buying IP. Especially TMDI's IP. It permits MDT to ROLL ahead 4-5 years of their ability to create defensible IP.

TMDI's worth more than $5B.

A) 20-40 year defensible IP, & applicability for multiple applications = $3-$5B
B) Time value (time saved) approx. $1B/yr = 3B-$5B
C) R&D (Titan Labs) approx. $350-$450M/yr
D) Total revenue projections over 20-30 years, only ENOS ~ $23B-$24B
$1.3M x 650 units/year = $845M x 25 years = $21B not including disposables and maintenance.
E) Mazor +$5B for how much projected revenue over 25 years?
F) 5% of current MC of ISRG = $5.7B. Using ISRG's MASSIVE 20x multiple. (That's the proper use of that word).
G) Could vicarious be having trouble getting their applications approved through the USPTO? Now that MDT has licensed IP from us, they would be able to make it very expensive, and both MDT and TMDI could collect penalties and fees if they encroached on the shared IP.
H) Could Colubris be a part of any future acquisitions? Do I recall correctly that the President was seen visiting TitanLabs, sometime in the recent past? Please correct me if that's not true. During the video presented by Dan Kim, at the 15:45 mark - those sure look like TMDI snake arms. The timing appears odd though b/c the presentation was done in 2019.

https://veritastv.org/programs/2019-srs-day-1-danielkimmp4-bfacac

I think I'm in the ballpark ($5.7-$11B) of true market BO value. I think the Mazor deal is relevant, and important to any action toward a BO. IDC what the current share price is. It's being artificially manipulated. Which is why the sp sits where it is until some form of solid confirmation. Don't ask if/when.. no one knows.

There aren't many places to shop for a truly unique SP RAS device in this galaxy. And no NASA/Uber to get you to a different galaxy.

Good luck to all. Regards,BK.