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longtermgems

03/04/15 9:45 PM

#20845 RE: Daktari #20833

Being patient after a 5 year roller coaster ride is a tall order. Clearly their is a big divergence between common business sense and medical industry sense

cptjsd

03/04/15 11:38 PM

#20848 RE: Daktari #20833

I didn't see Titan mention their attendance at that conference through any major press release or source. I am looking for more transparency from Titan management to investors. If they are honest and upfront about what is going on then they will have more credibility. Their idea of being silent is not a good strategy at all. That ship has sailed and every current and potential competitor already knows that Titan is up and coming. They do not need to release any IP or info that could help the competition but they need to update shareholders and get the Titan name out there. They need to do this because they will need to get PPS up or have to raise more capital. They need to get their name out there and do a makeover so IF they do have to raise more funds...they will look legit(the technology is there) but they need to look professional....a few small tweaks and buzz could raise PPS. Are they too dumb to realize that it's not too early to market and that creating some buzz will increase PPS? I guess they would rather be silent and dilute shareholder value by raising more funds than to invest a little time creating interest and getting their name out there to increase PPS so warrants get exercised and they don't need to do another offering. Also, IMO i think they need to start getting their name out there in medical periodicals/articles etc. because once they are approved by the FDA....the medical professionals/buyers will have Titan on their radar. If Titan gets FDA approval and launches a sales force they will be targeting major hospitals and larger accounts that have the potential to buy multiple units. The small hospitals & surgery centers will not be targeted or serviced because Titan sales reps will be focused on acquiring larger accounts and Titan will not have enough resources to target these smaller buyers/handle marketing/sales initially. I could be wrong but I think there are still a lot of medical professionals(which are influencers in the buying process of such technology) who have not even heard of Titan. Buying a surgical robot is not an impulse purchase and obviously DD would be involved so why not get the name out there early to plant the seed of Titan vs....I've never heard of this company but I've heard of Intuitive Surgical. All I'm saying is let's get the name out there. It's not too early for management to market themselves by taking interviews and commenting on the robotics industry & their vision. They should be taking advantage of all the free media outlets they have at their disposal. What's the harm in calling Forbes or the the Wall Street Journal and offering up an interview? They know what they want to disclose and what they don't so what's the point of being silent. If Titan wants to be a huge impact in the world then it's time to take advantage of their resources and start planting the seeds. The silence game is over and excuse for poor management. Just my opinion of course but come on....it's game time....fix the website, do some interviews, get the name out there and get the pre-game started. We can't rely solely on the technology that they have licensed....shareholders need a strategic management team.