Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

No That's Not How It Works:

TMDI still holds the IP. If another company acquires TMDI, ALL of IP goes with them. Regardless of the exclusivity of the MDT license agreement. All 13-15 patents. Woopy!

You can't keep any facts straight. Put your Etch-a-sketch over your head and shake it, to reboot your laptop. Then Google the agreement(s).

I'd guess Mc just shot down your partners theory of a $200M-$300M BO too.

The BAD NEWS - Regardless of how you may feel about the $41M license fee(s) and development agreements - MDT WILL defend the IP. So if/when your other company tries to use it - MDT/TMDI can crush them. Or if MDT/TMDI agree (mutually) about a co-license, your other company will fund further development of both MDT and TMDI. IMO I don't see that approval anytime ever in the future.

You're a genius for pushing this other company with this level of risk. And as I've shown in previous emails, Gates hasn't invested as much in your other company as MDT has spent with TMDI.

Further, your other company doesn't have the $5B-$10B necessary to acquire TMDI.

Good luck to all. Regards,BK.