Sadly that's not true for two reasons. First, TTGL just gave Cornell another 6 million dollars worth of debentures to go with the one million shares Cornell already has coming. Secondly Cornell always sells shares to get their money back asap.
Ask yourself with all the great news lately why can't this stock get over $2.20 anymore.
On September 17, 2007, Titan consummated a Securities Purchase Agreement (the "Purchase Agreement") with YA Global Investments, L.P. ("YA Global") providing for the sale by Titan to YA Global of a secured convertible debenture in the principal amount of $6,000,000 (the "Debenture"), all of which was advanced immediately.