Replies to post #137822 on Titan Medical Inc (TMDIF)

[Honeycomb777]

Do they RAISE before or after the r/s ? tia

[RobLowe3MD_TN]

This is all predictable, on target with expected outcomes from Titan

The cash is running out, the company is basically insolvent. They even now have $1.2MM in deferred revenue (MDT please advance us cash!) and they continue to stretch out AP.

If there was a buyout anytime soon, there would be no vote on a reverse split. They are dangerously close to needing to file, cash is probably down to $6-7MM at this point, maybe lower, only a couple of months left.

The delivery of the robot may not even happen if the vendors put Titan on COD.

Who wants to write a $20MM check into a $50-$60M market cap company that really needs $100-$150MM to be able to get to commercial viability?