Replies to post #57020 on Titan Medical Inc (TMDIF)

[BigT82]

I agree to some extent, however, good news has in the past and will in the future allow for share price appreciation. Just think back to the beginning of this year when the stock jumped from the 20s to the 50s on McNally's hire. Now, the pps has only decreased since then but that is mainly because of the dilution and RS scare. I really believe the RS announcement has hurt us more than anything else this year, including the inevitable dilution.

I believe continued good news, milestone achievements, etc will slowly allow for the pps to climb. As you say, this stock has huge and exciting potential. The closer we get to that moment, the more the excitement will drag the pps higher and higher. Mac and team have come in and are killing it in short order. They will get this to market eventually and they will succeed. I have to believe this and I hope we will see this occur within the next two years. Perhaps even early with this team!

To the earlier post about people selling shares. There will of course be those that sell their shares they bought at .11 at .25 for nice gains, however, there should be plenty of buyers at those levels as well buying for the .25 to .50, then the .50 to $1. Plenty of us on here will remain patient as well, hoping for at least a 20 bagger from here (.10 to $2). However, should Titan be able to go alone, and get years of sales under their belts, this stock has the potential to bring returns that would make those with big positions extremely wealthy. And this is with or without a RS, does not matter when it comes to market cap valuation. 30,000 shares at $10 is the same as 1,000 shares at $300. However, I am still in the camp that we won't see a 30-1 RS, maybe 20-1 or less I hope. Time will tell...

Still very positive about our present and future, despite the MMs holding us hostage here at .10-.12. Considering picking up another 50,000 shares, but I'm so loaded here already... Going to be fun when we first double from here!

[DRG1025]

Not necessarily the response you are looking for, but since you're into providing your personal analysis. Let's say Titan was bought out today. What type of numbers do you think it would bring? We've more than one respected posters on here continue to make the claim that our IP alone has more than $1/share value. What's your take?

[66Mustang]

I like your analysis; you are using data from actual sources (I don't know if ISRG's P/E of 47 will ever completely apply to Titan but here's hoping!) and you also see the potential. I think that potential is a big part of why $.11 is SOOO undervalued. At $4-$6 a share we are all in the money. Every milestone they meet is one step closer to fruition and another risk conquered, as well as increasing confidence for meeting future milestones and getting this thing into a revenue phase. At this point, PPS should be rising as fast as they are building confidence and approaching the goal line. I don't think we need sales to start climbing, but at some point the milestones will be significant enough, and possibly combined with an uplist to cut MM's influence, it can't stay here forever.

Last year's published analysis put share value at around $4 (I think it was mid-July last year, so a year ago, before the pause and re-structuring). I had done a ballpark run-up value analysis a few weeks ago from a project management standpoint (based initially on actual development costs, tossing a majority but not all of Amadeus expenses because some of that development carried over) and I came up with a figure in the $3ish range for where we sit right now (post 56102). Looking at it from the standpoint of sales projections (post 56955) I looked at the analysis IITF had posted and ran up some ballpark numbers indicating that if that analysis is correct, our market cap in a few years should settle in between $3B and $5B, or maybe $9 to $15 PPS with 333K shares outstanding by then (all rough figures). All numbers in all cases are based on no RS, but everything scales linearly with an RS.

No matter how you slice it, we are wickedly, massively, severely undervalued.