Replies to post #27127 on Titan Medical Inc (TMDIF)

[RockoTaco]

the optimistic outlook would be they need the money to ramp up manufacturing of SPORT to meet Longtai's expected initial purchase once the agreement is in place.

The other point regarding the language at the end:

"The net proceeds of the Offering will be used for ongoing development and commercialization of robotic surgical technologies"

could indicate a multi-port system as well.

[Noemotionseller]

So is this just the result of long tai buying common shares from the agreement?