Replies to post #62449 on Titan Medical Inc (TMDIF)

[renovatio33]

Everyone will agree with your thoughts, but they are mostly speculative in nature.

There's just no guarantee of higher PPS at a later date, this is the prudent play. The inherent risk in the day-to-day forces management to act this way.

[QuidWilson]

I'd clarify you are speaking about investing and at this point what we doing is more like speculating, given the high risk.

Your logic is solid and I do not disagree, for investing. In circumstances that allow for such, I would say wait. But we do not have the luxuries of a cash-flowing firm. They can afford to be wrong about having a higher PPS in 6 months, against which to make the offering. They can pay the bills with their revenues. We are a r&d firm hobbling along, we had to shut the lights off last year because we ran out of money. The rules are a bit different because of where we are.

This offering may suggest otherwise, but All Mc's other actions signal he is indeed confident about the future. And based on his outcomes thus far I have no reason to doubt he will continue to deliver.