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SPORT19

10/12/19 3:35 PM

#98163 RE: livendi #98159

No debt but certainly have creditors, everyone has creditors. I would think that would be the responsible thing a publicity traded company would do if they didn’t have the money to continue to operate. They need money now and if they don’t get it....well I guess we’re gonna find out one way or another...
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RockoTaco

10/12/19 6:56 PM

#98168 RE: livendi #98159

If it was a complete disaster and Zaring made a huge mistake and Teleflex screwed the pooch and Mimic completed misjudged Titan and all the robotic surgeons who have praised the product and Advincula didn't mean to associate with Titan and all of these things are true and Titan didn't get IDE approval. Well then they can absolutely license the technology and patents they have to Medtronic, ISRG, VERB, JNJ, CMR, Stryker, Karl Storz, and on and on....

I am sure they would want snake arm technology (which will be a must the smaller the surgical site gets - think SINGLE PORT and think MicroRobotics). I am sure any of them would want the wrist roll technology that would enable any surgical robotic system to navigate very, very tight and hard to reach portions of the body. AND I AM PRETTY SURE, any of them would want the patent that would allow them to have a camera on an insertion tube to help collect pre surgical data and feed that to their algorithms to help map out the best possible course of action.

So instead of just quitting (some are more used to doing it then others), they can just license their technology and patents and just collect massive amounts of revenue on their IP and technology.