Replies to post #136461 on Titan Medical Inc (TMDIF)

[Geo2014]

Zero transparency.

McNally made bad decisions the entire time he was at TMDI. Stakeholders did not want more raises and another RS so McNally needed to pull out a small miracle and the snake-arm tech was the golden goose.

If Medtronic has incorporated Titan’s snake-arm technology into HUGO - the “game-changing” technology initially brought to Titan by Dennis Fowler - and David McNally did not realize the true value of this IP and GAVE IT AWAY FOR A FEW MILLION $, then HE IS AN ABSOLUTE FAILURE. He literally gave away the farm. One of the worst executive decisions I have ever witnessed in my lifetime.

[MagnusProfitis]

First clue was when Mac told investors (and let’s be fair, technically it wasn’t a lie - it was just a grossly misleading temporary fact) that they were very close to IDE and 510 K exemption.

Second clue is the reverse split.

Third clue was the unsupported reverse split.

Fourth clue was their game changing technology, or at least a third of it is approximately worth 10 million with no royalties.

Present-day clue, for those espousing six to $10 billion buyouts. The entire Board of Directors currently negotiating on your behalf was appointed by… Drumroll please… Big Mac!

Who’s scooping?

[Honeycomb777]

Should have obtained CE mark and started selling a few units overseas. But Nope - raise, raise, raise, and then r/s investors instead !

#Nice


Hoping June 28th brings NO EXTENSION and they get delisted - this shat show of just existing and attending conferences to then raise is incompetence.

[livendi]

well yes but again that was dickhead mcnallys fault with his missed timelines and costs but still u cant make that deal,not for 40 mill,if we were able to relicense it then ok but to strip us of that right makes it a deal u cant make imo