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Wednesday, February 05, 2014 10:55:29 PM
This is a gift.
FYI Last Financing Before Commercialization
This financing is going to be amazing for Titan!
The company needed approximately $30 million (if you actually speak to the company they will tell you that, I put a call into their IR dept. this afternoon). This will get them a complete finished product and a tested product!!!!
This financing will be in the $20 to $25 million range and includes a warrant as well – this will bring in more funding.
With all the other warrants outstanding (2 series of warrants in-the-money currently) there will be almost double the funding required, so this is the ABSOLUTE LAST FINANCING this company will ever need to complete the final product.
This is brilliant for the company and tomorrow there will most likely be a HUGE buying opportunity as some people will probably sell into this financing and drive the price down.
I will be accumulating over the next two weeks.
Once the financing is closed, you will see Titan rise again
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