Replies to post #16468 on Titan Medical Inc (TMDIF)

[Honeycomb777]

In addition, the Company has decided to pursue a broader set of surgical indications for the SPORT™ Surgical System, including general abdominal, gynecologic, and urologic procedures. Therefore, management has determined that it is appropriate to update the technology development milestones and estimated costs that were previously published. Based on "voice of customer" feedback and further consultations with the Company's development partners and the newly formed Surgeon Advisory Board, the Company is building additional prototypes and developing more advanced instruments and training systems for expanded use in additional surgical procedures.

* still $37+ mil in cash

[Bamadan21]

" We believe the revisions we have made to our development timeline position us well for accomplishing our strategic objectives, and we remain on track to attain the next major milestone, the design and test of a feasibility prototype for the next generation console and instruments, early next year."