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Daktari

10/27/14 6:15 PM

#15239 RE: chillout #15238

I agree. I think investors are eager to support the long overdue break in the monopoly in an industry in it's infancy. I have a feeling that if Titan needed more money tomorrow they could get it in a heartbeat if SPORT is a valid product. MIS surgeons and big hospital administrators have been complaining about the absence of completion with ISRG for years and the drum beat is getting louder.
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was CUIN2

10/27/14 7:04 PM

#15240 RE: chillout #15238

Daktari's statement that Titan can get more money in a heartbeat (if needed) reinforces the point that they are, or will be a potentially very, very attractive M/A target.

I agree with Titan's short term strategy of getting SPORT to a truly viable and commercially acceptable product. When they will start entertaining M/A offers is anyone's guess, but I am starting to believe that it could be anytime starting
now through FDA clearance, when it occurs.

Longmoney's earlier comments today make a lot of sense regarding Bertner's lack of IR/PR activity.
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suckitup

10/27/14 7:05 PM

#15241 RE: chillout #15238

TITAN HAS NO SALES STRUCTURE...NOTHING...AND WITH ONLY 65 DAYS TIL 2015 ITS PRETTY OBVIOUS THEY ARE GOING TO SALE THE WHOLE COMPANY...MAYBE 15-20 BUCKS A SHARE...BET ON IT...ISNT THAT WHAT THIS STOCK PLAY IS??? A BET
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Flenderson

10/27/14 7:13 PM

#15242 RE: chillout #15238

They only had two months of cash on hand at the time. They had to do it regardless of wanting to go it alone, or getting bought out. Having the extra cash gives them the luxury of getting further along on the milestones on there own, in turn having a more valuable company to sell down the road.

I believe the company commented on the capital raising and said they didn't really plan on doing it that close, but it was too good a deal not to do it (probably why Reiza ditched a couple hundred thousand shares then too).

They have no choice but to move forward as though they are going it alone (which may be there intentions). Who really knows what there thinking, but my guess is that they will ultimately sell out. It's too hard and very rare for a small spec company to go all the way in todays environment. Every day some big boy is gobbling up a competitor. It's the nature of the beast...for good or bad.