Replies to post #26323 on Titan Medical Inc (TMDIF)

[diamond482]

Agreed. They have backed out of many time lines / mile stones in the past and have earned our lack of certainty. Also, it's not just about the milestones at this point, it's about where we are financially. In my humble opinion they need to be explaining in full disclosure where we are at in present time. In fact... an update 8 weeks ago would have been most appropriate. At the end of the day they can always hide behind their disclaimer. But it's not a healthy way to do business.

I think we're in good hands but I have nothing with concrete evidence to back that up with ....and that's the problem.

[Honeycomb777]

JH promised time and time again that he/they would be more transparent and never delivered. I don't trust the man - he is not CEO material as far as I am concerned. We're funding them and he gives two shits about it

[Geo2014]

I agree with this sentiment. This is a public company and it needs to do better job of acknowledging its stakeholders.

[Geo2014]

I agree with this sentiment. This is a public company and it needs to do better job of acknowledging its stakeholders.

[BelizeMe]

COMPETITIVE landscape????
There is ONE company; Intuitive.

Titan, the Company we are all invested has by all accounts developed a device that will answer all the major weaknesses of da' Vinci;
- half the capital cost.
- smaller portable platform that can be
moved from room to room or used in an outpatient surgical center.
- improved dexterity
- AND most importantly commitment to keep the procedural costs equal to standard laparoscopy.

They are weeks away from completion of multiple robots to be used in clinical trials in major institutions with
top surgeons in their respective specialties. That is real, legitimate PR material.

So where is this competition??
Your worried because J&J who is one of the worst companies in the industry at developing their own surgical devices announces a partnership with Google who has never developed a single surgical device to develop a robot that will most likely be 4-5 yrs away. You knock Titan for lack of transparency when they are weeks away from completing robot but I have and fawn over a company that's biggest accomplishment in surgical robotics is a single press release stating they want to develop a robot.

Surgibot is crap and SOFAR was bought solely for IP and will never be released in the US.

As I said in my earlier post, no real competition will beat Titan to market if they go it alone.... and they can. The people that say this small company can't put together a sales force and successfully launch and support this device obviously have no background in this industry. If they get acquired fantastic.

Tell Tesla they can't compete or go it alone against Ford, GM, Dodge.... in the auto industry. They only have a small niche and percentage of the market and their stock is over $200.

If you are still living in the past with Amadeus or still whining about the move to expand specialties with SPORT then you have two choices:
Believe in the product AND the plan.... or sell.

Stop trying to scare people that they are running out of money...they have a plan and if they go to the shelf and PPS drops buy more...or sell. Stop saying management is purposely keeping PPS low to sell cheap to another party. They didn't put the protection clause in place to sell cheap..,just the opposite but the device is worth ten times more after clinical trials are complete and at least CE Mark is obtained.

The PPS today or December mean nothing if you are truly understand, believe in the company and are truly long. Talk to me in the third quarter of next year and tell me if you are still unhappy with the management and the PPS.

The constant posts that management owes you updates is ridiculous. They have provided you and kept to the latest timeline and went into substantial detail in the AGM. They have no responsibility to hold your hand.

BelizeMe