Replies to post #26773 on Titan Medical Inc (TMDIF)

[RockoTaco]

That's not accurate, they aren't buying 4M shares of common stock, they are paying $4M for common stock under a private placement. Big, Big Difference.

Also, it says potential for another $15,000,000 INVESTMENT by longtai - which means that investment can be in another form than common stock purchase under private placement.

http://www.titanmedicalinc.com/titan-medical-inc-announces-letter-agreement-with-longtai-medical-inc/