They are offering up a 45% ownership in Titan Medical. A $15m investment gets you nearly 40% ownership in Titan Medical after the close. Another 5% divided among insiders and connected folks and there you go..... McNally is a smart guy. He had to know that announcing a vote for an RS, followed by announcing a raise then waiting 11 days to price it was gonna drop the PPS. Also pulled Patel from the website ;) Who knows......maybe a partner wants a big piece of the pie for very little $. Would it not be worth the temporary pain to have a name like, IDK say Stryker or similar attached to SPORT? All of a sudden the ENTIRE BOD and ALL the officers are buying??? Hmmmm..... Crazy? Maybe....but so was their strategy. GLTA.
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