Replies to post #48972 on Titan Medical Inc (TMDIF)

[DRG1025]

I agree there's too many variables at the moment but I have no doubt they have a "number" in mind. We can agree the goal is for a buyout. His resume/track record tell us that. Medtronic will be rolling their robot out in 2019 and I'm sure by then or 2020 there will be others in or very close to being in the market. I would think Titan would want to at least be entering the market within that window of time. Anything beyond that and the buyout number (I would think) gets lower. But that's me thinking out loud.

It all depends on how far SPORT really is in development. When funding is in place, are we a year away from CE marking / FDA clearance? Two years away? Longer? Also, does McNally already have some companies in mind for potential M/A that none of us have even considered? Too many unknowns right now to venture a guess, hence the stagnant pps.

[Bristol19]

McNally knows that competition is going to come fast and hard; it already is whether you think it is big-corporation propaganda or not. Google/JnJ are already talked about like they are already a product. Heck, the Koreans or Japanese could sew up this market in two years.
In under 1 year (my prediction) Titan and SPORT will look nothing like they do now. Sold, partnered, in debt to the hilt, or in regulatory trials. Can't waste anymore time.