Titan going down the tubes!

Anonymous

Guest
Good riddance!

Titan Medical Inc. (the "Company") (TSX VENTURE:TMD)(TITXF) takes this opportunity to provide an update.

Craig Leon has tendered his resignation as a director of the Company effective immediately. The Board takes this opportunity to thank Craig Leon for his services as a Director and as C.E.O. the position from which he resigned on March 19, 2013. Mr. Leon co-founded the Company with Dr. Reiza Rayman with a view to developing a new robotic surgical platform and oversaw the going public transaction and listing of the company on the TSX Venture Exchange in July 2008, and the financing of the Company since its inception. Mr. Leon also worked closely with Dr. Rayman and other senior management personnel in providing strategic direction for the Company's research and development program.

Moving forward, John Hargrove has been appointed Interim C.E.O. and Chairman of Titan. Mr. Hargrove is a senior corporate executive with extensive experience in the health industry, including senior positions at Johnson & Johnson Health Care Systems and Ethicon.

Dr. Reiza Rayman continues as President and a Director of Titan and he will continue to oversee the Company's research and development program which is carried out by internal technology personnel in conjunction with top tier external development firms. John Hargrove, Reiza Rayman, Martin Bernholtz and John Barker all continue to serve as Directors. Joe Talarico, a former executive with the world's leading surgical robot company, continues as Senior Vice-President and is responsible for the ongoing development of Titan's single site robotic platform as well as Titan's strategic relationships with leading hospitals and universities. Stephen Randall, an experienced financial executive, continues to serve as Chief Financial Officer of the Company.

The Company remains fully committed to its development program and announcements will be made as developments take place.
 












"Good riddance"? Assuming you are referring to Titan Medical, and not Mr. Leon, it seems your enthusiasm is unwarranted. Probably not the first time premature excitement has been a problem for you.
 






"Good riddance"? Assuming you are referring to Titan Medical, and not Mr. Leon, it seems your enthusiasm is unwarranted. Probably not the first time premature excitement has been a problem for you.

Wasnt this guy a trainer?

Joe Talarico, a former executive with the world's leading surgical robot company, continues as Senior Vice-President and is responsible for the ongoing development of Titan's single site robotic platform as well as Titan's strategic relationships with leading hospitals and universities
 






"Mr. Leon co-founded the Company"

No you're right... It's a real good sign when the co-founder of a company leaves abruptly. There's probably just no more work for him to do... you know, since Titan is shipping product, making money hand over fist, etc.

You losers are so funny!
 






Wasnt this guy a trainer?

Joe Talarico, a former executive with the world's leading surgical robot company, continues as Senior Vice-President and is responsible for the ongoing development of Titan's single site robotic platform as well as Titan's strategic relationships with leading hospitals and universities

Joe T held pretty much every position at ISI (from rep to capital guy to training dept). Plus hes a great guy. But I'd be hard pressed to say he's the guy to lead them to victory over isrg.
 






"Mr. Leon co-founded the Company"

No you're right... It's a real good sign when the co-founder of a company leaves abruptly. There's probably just no more work for him to do... you know, since Titan is shipping product, making money hand over fist, etc.

You losers are so funny!

Definitely not a good sign, but also not a reason to dismiss Titan as a potential threat to the ISI monopoly. Titan's technology is gonna come to market eventually, regardless of who the CEO is now. Probably more likely that they'll get bought up by a bigger player at some point anyway.
 






Quote:

"Moving forward, John Hargrove has been appointed Interim C.E.O. and Chairman of Titan. Mr. Hargrove is a senior corporate executive with extensive experience in the health industry, including senior positions at Johnson & Johnson Health Care Systems and Ethicon."


So is this appointment a clue that JnJ may acquiring Titan? I believe JH has been on the board a few years and should know their business.
 






"Mr. Leon co-founded the Company"

No you're right... It's a real good sign when the co-founder of a company leaves abruptly. There's probably just no more work for him to do... you know, since Titan is shipping product, making money hand over fist, etc.

You losers are so funny!


Who's laughing now jackass....