Titan

Quote






It will never "hit the street". Titan's entire MARKET CAP is smaller than ISRG R&D budget for 1 single quarter. They can buy them in a heartbeat if they so choose.

Also, have you read any of Titan's financial documents and disclosures? They said they plan to originally use their device where IP laws are not strict. They have what, 8 patents? ISRG has HUNDREDS if not THOUSANDS. Think they might have infringed on one?

Titan will never manufacture and sell a product.
 






Good insight...I disagree 100% The titan sport project R&D is partially funded by the Canadian government. They can dump funds when and where necessary. They plan to launch in the US around 2015. That is when the 3 patents they are trespassing on expire. They are 3 significant patents but will expire in 2015. At this point the project can run on private equity.

Next, the SEC would never let Intuitive Surgical purchase Titan. First they have a hard on against Intuitive for the proclaimed insider trading by your executives. Cashing out over 200 million worth of personal stock options then announcing the multiple lawsuits. That many hinder any ideas of purchasing your only competitor, can you say Anti-Monopoly.

The Canadian government wont let this project be a complete failure (Although Clinically it just might be) They would sell to a Stryker type organization in the US or a foreign company who needs a few patents and bells and whistles to launch their robot.

I work for a VC company. Believe me I know this company inside and out. Outside and in.
From a clinical standpoint I don't think it can cover all the multi quadrant surgeries that the DaVinci can. They are going to market the SPORT as a Chole picker. I hate that approach but that is all they can do without getting past the wristed instrument patent. This project will be more like Intuitives snake like instruments. Minimal capacity in the surgical space.

Just my thoughts.
 






Good insight. If the Canadian government is supplying funds, it hasn't been enough to fund the company to the point where they don't need to keep diluting the share count with more share offerings. The stock price is now ~ 50 cents, with a market cap of 36 million. Each time they've done an offering the share price has been well above the current levels, so the next round will be even that much more dilutive.

The CEO left recently too. Anyone know why? Regardless, that is not a good sign.

Anyway, time will tell what happens. They can't be totally written off, but the notion of them bringing a product to market isn't anything close to a sure thing. Somehow I don't think 3 expiring patents will cover it. But we shall see.
 












Oh yeah, Titan is a great buy now that's it's a whopping 39 cents. Just wait until they have to issue more shares and further increase the dilution. You'll be able to get it for under a quarter soon enough. If the market thought there was any possibility of Titan ever selling a product,the stock would be 3-6 dollars.
 






Anonymous said:
Oh yeah, Titan is a great buy now that's it's a whopping 39 cents. Just wait until they have to issue more shares and further increase the dilution. You'll be able to get it for under a quarter soon enough. If the market thought there was any possibility of Titan ever selling a product,the stock would be 3-6 dollars.
Click to expand...

I appreciate the advice. I did buy 10k at .39 and just sold for .91. Not gonna retire off that 5grand, but not bad for only a 2 month investment. Forecast calls for rain at the "scrip club" this weekend.
 












Anonymous said:
I appreciate the advice. I did buy 10k at .39 and just sold for .91. Not gonna retire off that 5grand, but not bad for only a 2 month investment. Forecast calls for rain at the "scrip club" this weekend.
Click to expand...

Wow. Jumpy investors looking to get the inside scoop I suppose. Guess reps aren't the only ones that have an eye on this site. Maybe they should have just said, "an anonimous person on cafepharma mentioned us today."


Titan Medical Inc. Confirms No Material Changes to Operations
November 19th, 2013
TORONTO, ONTARIO—(Marketwired – November 19, 2013) – At the request of IIROC, Titan Medical Inc. (“Titan” or the “Company”) (TSX VENTURE:TMD)(OTCQX:TITXF) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. Titan is developing a Single Port Orifice Robotic Technology (SPORT™) Surgical System for minimally invasive surgery. Titan recently announced that it had started tissue testing which has been highly successful in assessing and measuring the functionality of the SPORT™ Surgical System. Tissue testing constitutes the first major milestone on Titan’s
 






Anonymous said:
Wow. Jumpy investors looking to get the inside scoop I suppose. Guess reps aren't the only ones that have an eye on this site. Maybe they should have just said, "an anonimous person on cafepharma mentioned us today."


Titan Medical Inc. Confirms No Material Changes to Operations
November 19th, 2013
TORONTO, ONTARIO—(Marketwired – November 19, 2013) – At the request of IIROC, Titan Medical Inc. (“Titan” or the “Company”) (TSX VENTURE:TMD)(OTCQX:TITXF) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. Titan is developing a Single Port Orifice Robotic Technology (SPORT™) Surgical System for minimally invasive surgery. Titan recently announced that it had started tissue testing which has been highly successful in assessing and measuring the functionality of the SPORT™ Surgical System. Tissue testing constitutes the first major milestone on Titan’s
Click to expand...


*Anonymous. Before any gets excited to correct me.
 
























Actually I'm the one that posted, then corrected my message and had nothing to do with that response. I was picking up what they were putting down. Just goes to show that anyone can and will say anything to get a response out of people. But guess that's the beauty of posting anonymously.
 












Top Bottom
Back
Quote