Replies to post #44347 on Titan Medical Inc (TMDIF)

[cptjsd]

I think people would sell now because this is going to be one of the worst priced "massive dilutions" this company has ever done. That is unless the offering is a good one (above current PPS levels"...which I doubt. Hopefully, they have a followup plan to this offering and there is something else coming up behind it to remedy the situation. I'm hoping it's not just an offering to buy more time.

[was CUIN2]

I sold at $.55 & $.56 and will not be buying until I understand/see the long term strategy for getting SPORT beyond FDA clearance. This may be just a "stop gap" measure. If they are bought beforehand (which I am doubting) so be it.

If I were in charge, before this financing, I would have:
1) Announced through a PR my new chairman of the board,
2) Announced through a PR Fowlers excellent replacement,
3) Announced through a PR the new CEO (again an excellent choice),
4) Announced through a PR a shortened and change in timeline to SPORT CE/FDA clearance.

This would have brought the stock up somewhat, then a financing.

Because of the way this was handled, I believe we have "not much" going on behind the scenes and little options to draw from. Only a hammer in the toolbox, so every problem is a nail....

These are just my own personal opinions.