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Titan Medical Inc. (TMD.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.6800+0.0200 (+3.03%)
At close: 03:29PM EST
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  • S
    Sealy
    "Titan is scheduled to receive a license payment in exchange for licensing the developed technologies to Medtronic and Medtronic's secured loan to Titan will be retired, each of which are expected to be completed this month."
    One would expect a news release this week with respect to receipt of the final milestone payment net of the secured loan. The secured loan on all the assets of the company is material and should be reported.
  • J
    James
    4th milestone completed. And it means absolutely nothing!
    What a Joke!
    what is amassing is this stock price 😳 It should be .00001
  • M
    Moe
    Soon, this stock will reach over $3.00. This company has been treated unfairly by the previous management. Now, things changed, they have good management, and they have clear vision, it might take sometime, but they do have a great foundation. Be patient
  • K
    Kevin
    Nice to see Titan partnering with Benchmark for the Enos build. Forward looking news is welcomed!!
  • C
    Connie
    What is the company's future relationship with Medtronic, if there even is one? This is basic to investment in the company. How can they not define it for current and prospective shareholders? This gray area is ripe for abuse, if shareholders interests are not being looked after, and the company is being run for the benefit of others. Shouldn't the company want to clarify this as part of their duties to shareholders?
  • G
    Gendo
    I am confused... does Medtronic have rights to everything titan has helped them with, the licensing, and patents that they helped titan achieve? That's what it sounds like to me in the newest news release. So why would a buyout happen when Medtronic got what they need and can continue to use what they financed? It sounds like to me that Medtronic did their part, got what they want and will be moving on. I could be wrong but that's how I take the news and I think that's why it's feels downplayed as "good news". but hey, I'm a nobody. Just my thoughts.
  • C
    Connie
    Is Medtronic causing our stock to crash? How did their people get on our board? Who is this company being run for? Shareholders or Medtronic?
  • K
    Kevin
    It’s odd how there wasn’t a quick follow-on announcement after the 4th milestone was completed. Some may take that as a bad sign and that MDT is walking away. I tend to think it means a buyout offer is coming in the near future. Think about it, they couldn’t say they were agreeing to a new milestone arrangement if they aren’t and they also couldn’t say a buyout was coming. MDT would look wasteful if they walked away. I know it’s not a lot of money in the grand scheme of things but if I were an MDT shareholder I’d ask why they just blew 40 mil on TMDI.
  • C
    Connie
    So, does Medtronic have any future interest in TMDI or not? Seems like a simple enough question. Shareholders want to know.
  • s
    steve
    buyout imminent!
  • K
    Kevin
    4th milestone complete. Good news!
  • S
    Sealy
    Wondering if the new patents Titan filed while working on advancing Medtronic's tech is critical to Medtronic? If so, could get interesting.
  • T
    Tanalitics
    I'm just so excited about TMDI and their amazing technology. This will be my retirement fund for sure. Many of you have doubts, but will be amazing by what's coming in 2022. Because trust me that Buy out will happen!
  • G
    Gendo
    Sorry everybody, I am out. Sold today. Titan has a great product but everything seems to be falling apart and I don't know if they can come back from it if their goal is 5 years from now. I am upset. I am angry. I have lost thousands and I know you all have suffered the same. I honestly hope things start to look up but I am not feeling good in my gut to hold and I need to move on. I wish you all the best and I hope one day you all become rich from titan. May the new year be nicer to us lol 🎉
  • C
    Connie
    Have no idea what the company goals are anymore. Medtronic agreement is done. Is that it then? Is this all there is to this company?
  • l
    livendi
    We need to be sold to the highest bidder whether its mdt or another big boy. The patents alone are worth a lot and sp enos even if it is 2025. Why no payment on last milestone yet. God bless all
  • M
    Michael
    You would think they could release the redacted text of the licence agreement at this point. Probably goes a little something like this…

    “Mac - we will dangle this carrot in front of you provided you raise 18 mill and delay Enos for a few years. also, try not to completely F things up. Partial F ups are okay, but not completed. And by the way, make sure you completely clean house and then replace everyone with your stamp of approval. Oh yeah - and also propose a RS. then get ….
  • K
    Kevin
    Weren’t we supposed to hear about the 4th milestone with MDT by 12/31/21? Where’s the news?
  • L
    LoDo Financial
    One could argue, Titan Medical is a better positioned (more valuable) company today than it was several years ago when it was priced at over $50 a share with a market cap of several billion dollars. Market shortsightedness and inexperience, in combination with an unwillingness to differentiate between general market value and market value to a specific buyer (like Medtronic or Johnson & Johnson) are some of the primary reasons for this discrepancy. History has shown, time and time again, that pricing discrepancies of this nature do not last long. We’ll see.
  • O
    Osmel
    It amaze me how many "experts" there are in this forum.