Replies to post #21990 on Titan Medical Inc (TMDIF)

[Honeycomb777]

One of those layers could very well confirm the need for more cash.

They refuse to hype it so more warrant holders will/can exercise and the result will likely be "bad" dilution.

We know Q4 milestone costs will be in the neighborhood of $17-18 million and they HAD $26.1 mil available. That, to me, is the only part of the MD&A I care to see being a good 18 months out (STILL). Just being realistic as PPS will rise as it gets closer to 2017 and their will be more pain in terms of financing(s) before then. Party doesn't even start until December 2015 IMO