Replies to post #1945 on Titan Medical Inc (TMDIF)

[Honeycomb777]

That's the thing...I think that they will come out with multiple PRs which will raise PPS - depending on what they say, PPS could easily jump to over $3 over the next 30 days IMO.

We also know (as per their website)that they need another $35 million in terms of financing to get SPORT to commercialization. This is the most important part...HOW do they raise the funds ? It likely won't be all at once but in the past, the PPS got hit hard as they have always diluted.

I have been on a "soap box" to urge Mgt and posters here to come up with creative ideas/ways to get the needed funds so as to minimize or Avoid more dilution. IF they can turn this into a positive, PPS will be supported and could even rise further. It's of no surprise that early March is the timeframe they will need cash based on current burn rates. I can only hope they utilize Raymond James to the fullest and make proper decisions based on ALL options.

My guess would be that the PPS would still be higher even after more dilution so buying NOW makes more sense in my view. Every step closer to commercialization is a great thing !


* I am 99.9 % sure you will see multiple positive PRs prior to news about further financing (which only gives them about 5 weeks). They have always chosen to dilute in the past, though

[was CUIN2]

You might want to consider taking a small position now at the very least as this stock is due for a significant uptick soon pending some PR's on progress. Where it ends up after that is anyone's guess, but I believe much higher than past PPS. Then later you can hopefully buy more on potential future dips moving your holdings toward a lower dollar cost average hopefully....JMO