Replies to post #43012 on Titan Medical Inc (TMDIF)

[DRG1025]

It seems we aren't getting any money from them. But they are still interested. Comes across as a "wait and see" position from the Chinese. From a funding standpoint, it doesn't seem like anything has changed.

[devicerep888]

In my opinion, this is what I think is happening:

Longtai wants to invest - but....

They want to know who Titan is going to partner with. The likelihood of Titan going at it alone now is very low. Let's say Titan is close to a partnership with X company, Longtai will then decide if they are willing to make the investment or not. Longtai is definitely being worked simultaneously with some other deal. Whether or not there is another deal pending or close, it's obviously not been announced, is anyone's guess. Maybe that is why it's been announced for 3 months, to give time for other deal to formalize.

This could be very exciting for Titan investors as I don't think going alone is really the best approach anyways.