Replies to post #77640 on Titan Medical Inc (TMDIF)

[suckitup]

MAY BE SOMETHING IN PLACE TO PREVENT JUST THAT....MCNALLY WANTS TO GET THE FULL VALUE FOR SPORT AND THE PATENTS AND THAT IS WHY ANOTHER RAISE FOR IMO 10 MILLION SHARES IS IN THE NEAR FUTURE. THIS WOULD GET THEM TO DESIGN FREEZE AND INCREASE THE ACTIVE DISCUSSION FOR A BUYOUT...THEN FDA AND CE APPLICATION...PERHAPS ANOTHER RAISE FOR 10 MILLION SHARES....NOW TITAN WOULD BE SITTING AT AROUND 80 MILLION SHARES (PROVIDING THEY WOULD ISSUE A WARRANT FOR EACH SHARE ISSUED ON THE RAISES)....AND THEN FDA/CE APPROVAL...NOW WHAT IS TITAN WORTH??? SURELY MORE THAN TREX...MAYBE EVEN TRIPLE..3.5 BILLION OR 45-50 PER SHARE...MAYBE MORE

[SavageWildlings]

Because it wouldn’t just be 25 million and take control. They would be responsible for the final product. More importantly, they haven’t gone through a design freeze or FDA submission / acception. Couple that with Titan wanting to alone and the “poison pill,” no institution will want to go after this device until the very minimum amount could be put in. If Titan flops, that 25 million will turn into an easy 5-10 mil.

[RockoTaco]

The answer was in the Shareholders' rights plan. They put that in place for that very reason to prevent some other biggun to take control.

[QuidWilson]

Speaking generally, SPORT is not worth it's weight in salt until it has proven it can sell and will generate a profit. Look at trixie...FDA approved and no buyers..has not proven a profitable acquisition yet. We all see the potential in sport but Savage was right, buying a majority stake means they now have to dedicate resources to oversight. Its more cost effective to let it sink or swim and if it swims buy it as a fully functional unit that will cash flow from the start. But what do I know.