Replies to post #58291 on Titan Medical Inc (TMDIF)

[QuidWilson]

I see your math and I think your assumptions are in line. I think your scenario is what we can hope for in 5-10 years after commercialization. My struggle is seeing how we get from where we are to set the stage for that.

Based on the conservative estimates of the company, revenues would not be so high off the bat. If you perform a DCF from their estimates the PPS was not as rosy.

Once we commercialize, growing the revenue is the challenge. our product requires capital outlays which require advanced budgeting on top of need (a facility that just purchased a davinci SP or XI is not likely to turn around and buy a sport so quickly). But we may have the resentment factor in out favor. ISRG is only getting worse in their tactics, knowing their salad days are behind them.

[66Mustang]

I love it when people say "Let's do the math!"

Of course, one can manipulate numbers to intentionally distort reality... Certainly does not appear to be the case here.

Started with conservative values, included a reasonable allowance for dilution. Looked at numbers for a reasonable target value of $10/share; the math proves this is a very feasible goal. Apparently based on no RS, which is just a scaling factor anyway. Figure we are 2.5 years away from first sales, allow a little time for sales to start racking up and get some of that market share... This looks to me like a viable 4 to 5 year projection.

Does anyone on this board live in Watertown, MA? That $758M Powerball jackpot can fund this to the finish line and the winner wouldn't even notice the missing $60M...

I also have been hearing that the longer ISRG is around, the more their customers want an alternative option.