Replies to post #44186 on Titan Medical Inc (TMDIF)

[66Mustang]

So how far along in development is Senhance? Buy it today at the low low price of just $999,999.99! But wait! Buy one single incision robotic arm console and get three more for free (plus shipping and handling).

http://www.enhancedonlinenews.com/portal/site/eon/permalink/?ndmViewId=news_view&newsId=20160907005188&newsLang=en&permalinkExtra=TransEnterix-Unveils-Brand-Identity-Robotic-Surgical-System

From this link, click on the picture to the left and choose the full size view. Zoom in on the hand controls (of which there are two). Note the machining marks on the top surfaces of the hand controllers. Probably Delrin, I'm guessing, but not typically a cost-friendly material for production in an application which doesn't require substantial wear and abrasion resistance. But great for prototyping. Is this a picture of a production system? Just curious.

Then tell me how a user is supposed to access the keyboard while the controllers are in the way. Any wonder why Human Factors Engineering is important? Looks like this is the poster child for why HFE is important.

I noticed also that each of those four bases has a big (maybe 6") fan, to make extra noise during the procedure. Visibility across the room is already destroyed, so why not completely eliminate the chance of cross-suite communication ("Did you say 'Quick, go grab the defibrillator' or 'Breakfast is in the refrigerator'?).

And it leaves the patient with more holes than a Tom Brady football.

[DRG1025]

Wouldn't you agree it's harped on because if it's not addressed in a timely manner they will have zero choice but to push back timelines and milestones again? That's kind of a big deal. So I would imagine we've got some panicked investors.

Regarding how the funds are spent. I have no clue why they would need nine units. Your guess is as good as mine. But I think it is an excellent question that I'm glad you ask routinely. Hopefully that question would get back to management. Right now very sound business decisions need to be made to get us to our destination. If we don't need 9 units then let's stop the nonsense, take the ones we've got ready and do something with them. How close are we to getting the CE Mark? That's something I'd love to know. Are we really that close or are we a year away? Those are questions management needs to be answering to investors.

Further, I'm not saying that you don't have a point - which is harped on innumerable times EVERY day, but it's not entirely the problem. The other side of that coin is.... how TITAN spends it's funding. So I ask sincerely - Do they really need 9 robots? Are or were they taking the shortest route to get to get certification to sell this device anywhere in the world? No