"As well as, Titans instaible need for more cash will inherently bring to the forefront another fresh round of dilution and a eventual reverse split."
Quite the contrary, TransEnterix has been to the well of dilution far more than Titan has, and was able to produce what one surgeon at SAGE's called yesterday a "Jackhammer". So much for wise spending and good financial stewardship of investor resources. 120 employees working and only a Jackhammer is produced, that no one wants?