Replies to post #23250 on Titan Medical Inc (TMDIF)

[was CUIN2]

Just a friendly FYI for clarity.

Stock options don't benefit the company financially, like warrants. Stock options just guarantee a fixed price for the holder in the open market.

Exercising warrants on the other hand provide revenue to the company treasury.

[drrc1949]

Remember that stock option news was published in Toronto, so probably issued at current price in $Can. Still, there's long term sentiment on display, and there is rational activity ongoing. The Titan is beginning to breathe!

[was CUIN2]

Five years has been standard language consistently I believe.

But I'm guessing that there is probably a clause in their employee stock compensation program (similar to Sherry Bertner's) that in the event of a merger, buyout, etc., their options would vest immediately.