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URspider

10/19/16 11:11 AM

#47372 RE: JMAC13 #47369

That, of course, is the larger concern. At times it seems as if the entire operation (and responsibities) have been outsourced to others. I am not arguing that Randall or Reiza need to leave. I argue that capital market, operations, commercialization, and product strategy does not rest in finance. In my experience in corporate finance, finance is tax strategy, forecasting, internal audit, treasury, accounts receivable/payable, payroll/expenses, and reporting. I had a seat in the room (but not at the table) and the business leaders never sought strategy from finance and was often deliberately kept in the dark about business decisions. That is all I am saying. Of course given everything else, I could see others responsibilites were inappropriately assigned to Randall. I believe the problems have left.

DRG1025

10/19/16 11:39 AM

#47373 RE: JMAC13 #47369

Whatever that answer is (at the moment), it is better than what it was just a few weeks ago. Granted, a lot of work is still left to be done but there have been huge positive steps made in the right direction the last two weeks. Anyone saying otherwise is simply an enemy of this stock/company.

I maybe wrong but with the recent events of Hargrove being removed and Xmedica not only re-engaging but coming out making an over the top public statement of support for Titan. I think we can comfortably say that as of right now "Titan is" a company who is now making the right moves to get back onto the successful path it once was before November 2014. Hopefully we've seen our darkest hour and by the actions of the company over the last two weeks it appears they are ready to do things the right way. Let's hope it's not too late.

Bristol19

10/19/16 12:01 PM

#47374 RE: JMAC13 #47369

Right; "Who is Titan?" has always been the question, at least since Hargrove came on. Even Fowler was not really a figurehead, or a face to the company for investors, maybe only to doctors.

That's why I said they've got to be led by someone who LOVES the potential of SPORT and wants to SELL it and wants to compete with ISRG, AND wants to make MONEY too! A bit of an egomaniac... I don't mind. Can champion the features that SPORT has that are likely to make it great to do surgery with. And no shame in the money part.