Replies to post #23235 on Titan Medical Inc (TMDIF)

[ORrep8]

What is intuitive costing per minute in OR at the moment? Obviously it varies per specialty.

[ORrep8]

Did they finally say Sony was the monitor company? Great info. Glad Valvo is doing videos and not fowler. He's way more experienced. I was concerned about this.

[investinthefuture]

Great update, thanks! Can't wait to see the nephrectomy vid on the web site (I assume that's on a pig, not a human?)

[Longmoney]

Thank you very much for the udate. All in all, seems like you were pleased with what you learned today.

[scalpel]

Thanks for a reasonable retort from the one adult in the room!

[was CUIN2]

Thank you JUrology. Safe travels.

[Endofanera]

Thanks, JUrology! Appreciate the recap.

$68/min in OR - Obviously varying per procedure, but is this close to half the current costs?!

[Noemotionseller]

Thanks for the update. I assume on track with the time line??
Stock options for management in this regard are good IMO. It gives incentive. The price is higher than the current PPS. The time is a 5 year option. Putting it together it makes me think that the price will very shortly climb above 1.7. If they have an option to buy, is it out of their own pocket?? If so, then management will be personally investing and infusing their money to support the company along with the warrants. It may dilute the shares of course, but in a well worth it way... 5 year time line makes me think that they just may take this to completion. If the release is in 2 years, why bother a 5 year option? They are going to bring this to market and drive a huge price before considering selling. For all of us, it looks like Mgt is committed and ready to get this going and do it big time. They want to be multimillionairs!! Yeahhhhhh..... Maybe kabillionaires. All in all, it sounds like the foundation of Titan is getting more secure every day.

[ddreturns]

Thanks for the update! So it sounds like they're ahead of schedule then (5 completed robots and 2 nearly complete)? Did the video show the entire completed robot or just inside camera view of instruments working?

Also, in my opinion it's very interesting that the instrument partner did not wish to be named. If it was a small player like Microline why would they not want to be named to get further press?


All speculation on my part...

Medtronic hiring for robot jobs:

http://jobs.medtronic.com/connecticut/quality-assurance/jobid7767162-sr-design-quality-eng-jobs

J&J hiring for robot jobs and specifically calls out instrument design in 2 or 3 of the job postings. May 13th job posting went up, Titan announced signing with partner on April 16th???

http://jobs.jnj.com/search/?q=robotics