TITAN

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I think they're only hiring animation specialists to create more surgical sim videos and writers with extensive BS press release history. I really hope your investment pans out, but titan is a paper midget.

The next robot will come out of Asia.
 






The next robot will be out of North Carolina - TransEnterix.
Will file with the FDA in late 2014, and hopefully receive 510(k) clearance by 2H:15.
Titan's stock is doing well, but they do not have an Alpha prototype yet.
 






Page 11. Titan tissue testing done. Alpha Prototype Done.

http://www.sedar.com/CheckCode.do

Transentrix recent behavior:

2.00 stock.. Did 5:1 reverse split

NYSE up list at $10.00

Didn't meet trade volume. Delisted

Announced a round of financing.

Up listed to AMEX at 4.00

Now worth .80 if you take into account the 5:1 reverse split

Totally dicked shareholders. This company will not be next to market. Nobody buying shares and is not backed medical community. They tried to release the Spider robot years ago and it was a total failure.
 






Anonymous said:
What makes you think I'm only familiar with one company? How many patents does Titan hold now? 6? 8? I actually think it might be 7. Impressive collection for a premier engineering staff. Titan is spending $5.5M a year in research and development. ISI spends $40M a quarter. You know what that money buys? Superior engineering talent and the means to create amazing technology. wake up!

There will be competition in the market - it just won't come from Canada. ISI is so far ahead of Titan it is ridiculous. And if you think ISI couldn't manufacture a <$1M robot as per Titan's plans (plans should be underlined), you are completely kidding yourself. Wake up!

Your stock portfolio is clouding your judgement, and you would be wise to view Titan with a more critical eye. They're a bug on the windshield and might have been relevant if they would have entered the market 5-7 years ago.

Wake up ass wipe!
Click to expand...

Ass wipe here..

I guess the engineers miscalculated. ISRG down $38.00 for badly missing earnings. Stock down more than 25% in the last year. With all the great engineers making XI , SI, doesn't look like the sales are showing it. This is exactly why you should buy some Titan. You may have the greatest engineers in the world but they aren't in the trenches listening to CEOs, administration, and surgeons on what is really needed. The days of selling 2 million plus robots are over. Numbers don't lie!!

Recent FDA approval for single port is not going to be commercialized until the instruments are compliment the XI system. That will take a couple years!

You got reps out there that have old DaVinci robots trying to do trade out programs and nobody is interested. You just released two new robots and you aren't selling them..

Ass wipe out! Go Titan!!
 






TRXC took the pain in order to fund its operations via the institutional market. As far as SurgiBot goes, who knows. Eventually Titan will need to raise more cash as it is running low. I am not sure which avenue they will take, but it needs to be done.
 






Titan has the money..


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Titan Medical Inc. Appoints Dr. Bruce Wolff to the Board of Directors "Marketwired" - 3/11/2014 4:03:00 PM
Titan Medical Inc. Announces Results for Fiscal Year Ended December 31, 2013 "Marketwired" - 3/6/2014 5:53:46 PM
Titan Medical Inc. Announces Results for Fiscal Year Ended December 31, 2013 "OTC Markets" - 3/6/2014 5:53:46 PM
Titan Medical Inc. Retains Brooks Communications as Investor Relations Consultant "Marketwired" - 1/3/2014 4:29:59 PM
Titan Medical Inc. Confirms No Material Changes to Operations "OTC Markets" - 11/19/2013 3:18:00 PM
Titan Medical Inc. Produces SPORT(TM) Single Port Orifice Robotic Technology Video Demonstrating Preciseness and Functionality "OTC Markets" - 10/16/2013 9:05:08 AM
Titan Medical Inc. Produces Video Illustrating the Dexterity of its SPORT(TM) Single Port Orifice Robotic Technology "OTC Markets" - 10/9/2013 9:00:00 AM
Titan Medical Inc. Announces Dr. Dennis Fowler as Director of Clinical Affairs and the Completion of a Regulatory Approval Pr... "OTC Markets" - 9/17/2013 9:05:00 AM
Company Video "OTC Markets" - 9/12/2013
Supplemental Information "OTC Markets" - 8/8/2013 8:51:44 AM
Supplemental Information "OTC Markets" - 8/7/2013 9:38:49 AM
Management Discussion and Analysis "OTC Markets" - 8/7/2013 9:37:17 AM
Interim Financial Report "OTC Markets" - 8/7/2013 9:33:51 AM
Supplemental Information "OTC Markets" - 5/17/2013 11:11:39 AM
Supplemental Information "OTC Markets" - 5/17/2013 11:08:42 AM
Supplemental Information "OTC Markets" - 5/17/2013 11:06:12 AM
Supplemental Information "OTC Markets" - 5/17/2013 11:03:52 AM
Annual Report - Supplemental Information "OTC Markets" - 4/25/2013 12:42:26 PM

pointofreturn Wednesday, 04/23/14 10:38:40 AM
Re: posilock post# 5913
Post # of 5914
Details from Stock Watch:
Stockwatch News
To Stockwatch News
Today at 10:26 AM
Titan Medical closes $25.62-million financing
Ticker Symbol: C:TMD
Titan Medical closes $25.62-million financing
Titan Medical Inc (C:TMD)
Shares Issued 86,656,251
Last Close 4/22/2014 $2.06
Wednesday April 23 2014 - News Release
Mr. John Hargrove reports
TITAN MEDICAL INC. CLOSES UNIT OFFERING
Titan Medical Inc. has closed its previously announced public offering made pursuant to an agency agreement dated April 10, 2014, between the company and Dundee Securities Ltd. The company has sold a base offering of 10,611,469 units and full overallotment of 1,591,720 units for a total of 12,203,189 units at a price of $2.10 per unit for aggregate gross proceeds of $25,626,697. BayFront Capital Partners Ltd. acted as a selling group member in connection with the offering.
Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one share of the company at a price of $2.75 for a period of 36 months following the closing date (as defined below).
The offering, as scheduled, closed on April 23, 2014. The units were qualified for sale by way of a prospectus supplement dated April 10, 2014, to the company's short form base shelf prospectus dated Oct. 15, 2012, which has been filed in the provinces of British Columbia, Alberta and Ontario.
The net proceeds of the offering will be used for continuing development and commercialization of robotic surgery technologies and general working capital requirements. The company expects that it now has sufficient funds to see the Sport surgical system through to commercialization.
For further details regarding the offering, please see the company's press releases dated April 7, 2014, and April 8, 2014, respectively, the prospectus and the agency agreement, copies of which are available under the company's profile at SEDAR.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd.


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Anonymous said:
That's because your surgeons don't have the skill to do a 3 port chole. They are done routinely.
Click to expand...

Typical arrogant response. Let me see if I understand this. There are surgeons operating in the corporations/hospitals in your geographic area. The corporation that employs you has assigned you to work in the same geographic area. This makes the surgeons "your" surgeons, right? You're a REP. Get over yourself. Take the check each month and don't pretend you are anything more than a vendor.
 






Anonymous said:
That's because your surgeons don't have the skill to do a 3 port chole. They are done routinely.
Click to expand...

they may be done routinely but not by the majority, by far. Trying to take a simple procedure and make it more difficult for the MAJORITY will not work. Glad you were lucky to be with such great surgeons.. you help train them in residency or something? is that why youre so proud?
 






For the children on the last two posts. If they are your targets... they are your surgeons. If they are your friends, they are your surgeons. Did I train them in residency? Some. Do I work in a city where MY surgeons are more experienced than most? Yes. I am NOT trying to take a procedure and make it more difficult... If you could read past a 3rd grade level, you would see that was NOT implied. However, I DO believe there is little benefit doing it lap vs robotic. You can argue herniation rate vs. closure (that's closing technique for all the EES reps out there), you can argue firefly to I.d. ducts, you can argue price and the "holy grail" of presentations... constructed by the marketing team claiming that the quality of insurance you receive will increase based on robotic chole (those at ISI know what presentation I am referencing - every freaking role play.... Over and over). Of course shoved down your throats by the MTs of the world. Truth if the matter...
1. No benefit that has any long term study. Except increased herniation with Single Site.
2. Firefly will not replace IOC. And sorry ISI, the crap you sell vs what a hospital carries, mind you a 400% mark up on the ISI side is EXACTLY the same: ICG
3. Si vs Xi... Yes, we have reinvented the wheel with cup holders, and nothing from the old robot fits, so guess what? Pony up 300K for instruments. Next time a hospital administrator complains about an extra clip applier.... lol.
4. Probably the most disturbing truth... whipping your teams and treating them like slaves) at ISI will work and will only end when you don't have someone desperate enough to take a job that has a 300% turnover rate. The new ISI university where people (if the company sees them as people... more like commodities) are now "officially developed" is complete crap. Ask anyone whose gone to one.

Out...
 












Anonymous said:
For the children on the last two posts. If they are your targets... they are your surgeons. If they are your friends, they are your surgeons. Did I train them in residency? Some. Do I work in a city where MY surgeons are more experienced than most? Yes. I am NOT trying to take a procedure and make it more difficult... If you could read past a 3rd grade level, you would see that was NOT implied. However, I DO believe there is little benefit doing it lap vs robotic. You can argue herniation rate vs. closure (that's closing technique for all the EES reps out there), you can argue firefly to I.d. ducts, you can argue price and the "holy grail" of presentations... constructed by the marketing team claiming that the quality of insurance you receive will increase based on robotic chole (those at ISI know what presentation I am referencing - every freaking role play.... Over and over). Of course shoved down your throats by the MTs of the world. Truth if the matter...
1. No benefit that has any long term study. Except increased herniation with Single Site.
2. Firefly will not replace IOC. And sorry ISI, the crap you sell vs what a hospital carries, mind you a 400% mark up on the ISI side is EXACTLY the same: ICG
3. Si vs Xi... Yes, we have reinvented the wheel with cup holders, and nothing from the old robot fits, so guess what? Pony up 300K for instruments. Next time a hospital administrator complains about an extra clip applier.... lol.
4. Probably the most disturbing truth... whipping your teams and treating them like slaves) at ISI will work and will only end when you don't have someone desperate enough to take a job that has a 300% turnover rate. The new ISI university where people (if the company sees them as people... more like commodities) are now "officially developed" is complete crap. Ask anyone whose gone to one.

Out...
Click to expand...

Dear Mr. Code Talker,

I am one of the last two posts. But, since you didn't use the Quote function of the reply, I don't know if you are insulting and being condescending to me, or the other person. Please resubmit your post using the Quote function and the proper response will be posted.

Sincerely,

3rd Grade Readers/EES Reps/Dummies of the World/Not As Cool As You People
 






Anonymous said:
For the children on the last two posts. If they are your targets... they are your surgeons. If they are your friends, they are your surgeons. Did I train them in residency? Some. Do I work in a city where MY surgeons are more experienced than most? Yes. I am NOT trying to take a procedure and make it more difficult... If you could read past a 3rd grade level, you would see that was NOT implied. However, I DO believe there is little benefit doing it lap vs robotic. You can argue herniation rate vs. closure (that's closing technique for all the EES reps out there), you can argue firefly to I.d. ducts, you can argue price and the "holy grail" of presentations... constructed by the marketing team claiming that the quality of insurance you receive will increase based on robotic chole (those at ISI know what presentation I am referencing - every freaking role play.... Over and over). Of course shoved down your throats by the MTs of the world. Truth if the matter...
1. No benefit that has any long term study. Except increased herniation with Single Site.
2. Firefly will not replace IOC. And sorry ISI, the crap you sell vs what a hospital carries, mind you a 400% mark up on the ISI side is EXACTLY the same: ICG
3. Si vs Xi... Yes, we have reinvented the wheel with cup holders, and nothing from the old robot fits, so guess what? Pony up 300K for instruments. Next time a hospital administrator complains about an extra clip applier.... lol.
4. Probably the most disturbing truth... whipping your teams and treating them like slaves) at ISI will work and will only end when you don't have someone desperate enough to take a job that has a 300% turnover rate. The new ISI university where people (if the company sees them as people... more like commodities) are now "officially developed" is complete crap. Ask anyone whose gone to one.

Out...[/QUO

You have to be biggest tool I have ever read on this board..So you trained surgeons in residency.. I am assuming the few hours they spent on the robot.. gave them the great surgical skills they have today?...Do you realize how much of a douche you sound like? You have nothing to do with YOUR surgeons ability to do a 3 port chole, don't kid yourself and dont brag on them like you are special or somthing. Also, If you can read this blog above a third grade level you will see that it was implied that TITAN medical would be making an easy procedure more difficult for the majority by expecting them to go from 3 instruments and a camera down to 2. Then you went on some psycho babble about ISI which has nothing to do with the original comment. Relax bro..
Click to expand...
 






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