Replies to post #125229 on Titan Medical Inc (TMDIF)

[66Mustang]

Looks private, maybe insiders. They have checked Rule 506(b) in part 6.

https://www.sec.gov/smallbusiness/exemptofferings/rule506b

Section 4(a)(2) of the Securities Act exempts from registration transactions by an issuer not involving any public offering.

An offering under Rule 506(b), however, is subject to the following requirements:
no general solicitation or advertising to market the securities

Also nice to see warrants for Bloom are priced at $3.00 instead of $2 or a buck sixty. Should be back there quite soon; Bloom apparently accepted the terms so $3.00 is in play pretty soon!

Message in reply to:
Strange comment...

Let’s assume that insiders purchase stock at $2.00

If they “guarantee” themselves a ROI on those $2.00 shares, would that not indeed guarantee anyone else the same ROI on purchases at $2.00?

Typically, insiders don’t buy shares, especially significant dollar amounts of shares without feeling pretty confident in the future of their company and stock price...