Replies to post #56478 on Titan Medical Inc (TMDIF)

[Noemotionseller]

That question has been answered many times over.... By McNally and by surgeons who have had their hands on it (the unfinished SPORT of course). Where have you been?? What he needs to be telling us is last quarter milestone news. He needs to be putting out an official statement that the 3 centers are chosen and where they are and what they will be doing. He needs to be saying that a usable prototype is done to accomplish the studies and only minor (FDA allowable) tweaks will be made if needed based on those studies. HE NEEDS TO GET THIS OUT NOW. No more passive, let this board dig and find info. Their needs to be information from the top about how this investment is moving forward. I just plucked down another 100K today at .108... I can not imagine that this isn't the bottom if they do these things! However, like many, I have thought that before.

[DRG1025]

I don't think he directly answers that question if the plan is to be acquired by another company. Granted he may have to answer that question to the acquiring company. Let's not forget his track history either. He's been about taking a company, creating value, then cashing out. Granted, that doesn't automatically mean that's his plan for SPORT/TITAN. But we have to keep in mind that's all he's done in the past.

However, if being acquired is the plan then the balancing act he's going to have to do is going to be interesting. No way he comes out and admits this to the public. He may tow the company line of saying the plan is to take it to market etc. But behind closed doors be setting the company up to be acquired.