Replies to post #3403 on Titan Medical Inc (TMDIF)

[Honeycomb777]

I believe - I'll bet they make the move to uplist soon after they obtain the CE Mark and show sales of SPORT systems on their books (most likely to Apollo over in India)

* Question is/remains - when Mgt actually sees double digit share price...will they sell out if somebody(s) comes along and offers a 95% premium over PPS at that point ??

A $5 PPS will allow a lot of funds and institutional investors in - which will bring mega volume and more recognition. That other company knows it's coming to TITXF and decided to do a r/s to get theirs to $5 more quickly.

[was CUIN2]

Great information BKT. Thank you.

I hope your source is correct, but more importantly, I hope that management executes the strategic plan correctly to get to that PPS. None of us know what is happening behind closed doors, however, I am disappointed with the lack of progress reports.

[was CUIN2]

An IPO of $25 requires only an additional 1 million shares issued, to generate $25 million (excluding warrants)

[posilock]

sounds good to me!!!

[gt70]

I am not related to BKT but he is one of the two ppl that are willing to show me how many shares of TITXF he has and after further communication with BKT and some googling. BKT IS in medical field.

He put a lot of skin in the game.

[bobwehadababy]

That would be a nice IPO price, however, that would make our valuation around/over 2.75 Billion...seems like a lot considering mako got bought out at what, 1.5 B? I would think a R/S would happen before the IPO, correct?