Replies to post #62730 on Titan Medical Inc (TMDIF)

[renovatio33]

I'm not implying anything. I'm stating that with the max raise (not including an overallotment), Titan would need an additional $10m to get to the end of Q3. It's spelled out in the filing.

Funding is the biggest obstacle, especially on the OTCs. There is no control over what the market may do, nor can we predict how all trials will go, or what competitors may do, regulatory changes, etc. Anything negative would impact our ability to raise capital. Titan is in a great place today and there is a tremendous amount of interest which makes it easier to raise capital. There is downside in the dilutive nature, but this mitigates the future risk of funding. It's a smart move by management despite everyone's hurt feelings. Also, if Titan uplists within the next several months, the value proposition will be much better to institutional investors if we have a runway of cash as opposed to needing to do an imminent raise.

To your point regarding clinical success, demand should be higher, yes, but at that point there should be nothing keeping the share price from running higher if we don't need more cash immediately.

WIN-WIN

L&S

[BelizeMe]

Trust me, I'm not thrilled with further dilution especially after CC stating they are funded into mid Q2/18 and are exploring different non-dilutive options. I bought another 76,500 shares at .46 day after call only to be blindsided by Offering. I could have got another 34,000 shares at .36 vs .46 for same money.

But I can see one reason they may want to lock up funds. If the "tax plan" fails there could very easily be a 10-15% correction in the stock market. Market will close down this week over those very same concerns as a passage is already priced in.

Investors may not feel as energized to invest after a market correction and could put Titan in a difficult spot so close to finish line starting 2018.

So, I moved more monies to hopefully pick up more shares for same amount of monies I spent to purchase shares for .46 and dump those at .46 for small profit when we get above .50. The beauty of trading within an IRA brokerage account.

BelizeMe

[glg20]

BUYYYYYYYYYYYYYYYYYYYYYYYYYYY
news will be out that over allotment filled and then some and this will be mid .45 tuesday.
no brainer should be all buys