Replies to post #84581 on Titan Medical Inc (TMDIF)

[JulioBFree]

From Fidelity in regard to loaning shares out for short sellers.
Looks like Demand has dropped after deal closed was 62% last week now 55 1/2 %................ I will NOT be participating

Thank you for your interest in Fidelity's Fully Paid Lending Program. Attached, please find some information about the opportunity. The program fact sheet, Master Securities Lending Agreement (MSLA), and collateral documents are all included. The MSLA governs the securities lending relationship between you and Fidelity and the Collateral Appointment Letters provide an overview of the services that Wells Fargo, Bank of America and Union Bank provide as collateral agents. The other documents are for informational purposes and do not require your signature.

Currently, the following positions and rates could apply (subject to change based on market conditions):

TMDI – 55.5% (Full disclosure – we have been seeing demand for shares of TMDI taper off here recently in the lending market)

[urosurg]

Generally speaking, one can't do traditional lap surgery through a gel port. The lap instruments have to be far enough apart (generally a handbreadth or more) to triangulate tissues. For Titan, a gel port could allow the assistant at the bedside to access the abdomen through the gel port erasing the need for an additional assistant port. The DaVinci SP (single port) for example, requires a second incision for an bedside assistant port to be placed for suction, tissue manipulation, etc. For the majority of operations that require bedside assistance, the DaVinci SP is not truly single port. It is single port plus 1 or 2 ports. The gel port for the titan could allow truly single incision surgery. Just my 2 cents...