Nurse - MDT spent hundreds of millions on HUGO - they would let Titan struggle with funding and the time it takes them to bring 3.0 to market. Would be YEARS away. Going to take at least 1 1/2 years just to get to and through Human trials. then another 8-10 months or more in the FDA after they go over results from those trials, which will also take some time. It may never even be approved.
MDT will get return from HUGO near term and revisit Titan 3-4 years from now. I see Titan kicking the can down the road which is why they keep going to these conferences. To get needed funds and try to get somebody else interested. GLTA
Titan obviously feels enos is worth at least a Billy but what good is that when nobody else does ? It's a forced firesale here or you are in the third inning of a 9 inning game that likely goes extra innings. IF it's the latter, you can guarantee so much more future dilution to easily cause another rs or two.
**UMMM - expenses only go up when inflation is high BTW and when YEARS pass
1) not even one real case ever performed 2) not fda approved 3) still in the lab spending money 4) no surgeon buzz 5) do they even have a working robot?? 6) no cash to pay basic bills 7) no line of sight to revenue in the short term
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