Replies to post #12862 on Titan Pharmaceuticals Inc (TTNP)

[Doctor Detroit]

Speaking of put up or shut up...I think we see action from Congress in the next 30 days as the omnibus funding bill is finalized. "Emergency spending," such as opioid funding, is not subject to spending caps.

https://www.nytimes.com/2018/02/03/opinion/how-trump-can-keep-his-vows-on-opioids-and-infrastructure.html

[Serenity3]

while I agree there may be > value than they will get selling the company at this juncture, management has been painting themselves into this corner for decades... getting $ from the public for far too long & returning no value to shareholders.. from their 2005 10K "In March 2004, we received net proceeds of approximately $14.4 million from the sale of our common stock. At December 31, 2004, the Company had approximately $36.3 million in cash and marketable securities".. this is 2018 and?... this company should have been sold long ago to stronger hands ... the management & board of this public company would receive an F from any kindergarten teacher in the country based on performance ... and the stock price reflects that

[turks]

I have to agree with you Doc,put up or shut up,I am getting old waiting for this to take of,my God,how many years,this is torture in the worst way.If they get probuphine back,no hitches,that is a God send.You don't get 3rd chances in this business,period! better get this one right Titan.

[melody432]

The fact they are doing this now after having gotten in to the loan agreement in the first place says a lot about Titan managements' strategic planning abilities. That said, one wouldn't think they would amend it now unless they do see some light at the end of the tunnel. Let's hope it's not an oncoming train.