Titan Medical Inc T.TMD

The Potential and a Question

[Nogah3]

So this company make some interesting robotic tools  which led a Medtronic to establish a licence and development agreement with them. Medtronic makes $30billion in revenue if I'm not mistaken. Medtronic gave TMD $10 million up front and the series of payments expected are $30 million based on milestones (one of which is already completed and pending payment).

It appears the Licence agreement TMD has with Medtronic is not exclusive. Meaning similar deals can be established with other big companies to distribute TMD products.


This company is also set set to be listed on Nasdaq shortly.

Why then are people selling their shares at $1.18 when the stock has shown it can top $2 and has more to go when announcements are released? Can anyone explain?

[HollywoodHuss]

It's already on the Nasdaq has been for quite some time. It just maintained price point to allow for this listing to remain on the Nasdaq. The reason the stock is down is because it got the shiit kicked out of it from loosing money and not being able to pursue it because no companies were feeding into giving it money. It still need to release a couple meaningful NR to get out there. So it'

[SMirza007]

short sellers are taking their profits but the real investors will gain on bigger news and leave the shorters behind. Aldo keep in mind that TMD is a volitile stock and I have seen it go from $1.40 to $6.30 in a couple of days on soft news. TMDs partnership with Medtronic is big and will soon take off once they start announcing their milestones one by one! TMD is a BUY and HOLD!