Anybody looked at TITXF, they seem to be a serious competitor for ISRG. Time to market yet, but they have made a lot of progress and have test systems at Boston Children's, Ohio State, and a number of other locations.
Check out this presentation below that I came across on The M.I.R.A. website. ( http://www.mirasurgery.org/ ) Interesting presentation. How will Titan be able to compete with technology such as this???
Futures technology Presentation:
As you go through the slides, click on the screen to play the videos in the presentation...WOW!!!!!
I've seen it first hand with a company Multimedia Interactive Services that was on the Vancouver exchange and was competing with Funco (which was bought out by Gamestop). MIS claimed all kinds of stores and huge amounts of inventory and they were doing well. It only took one person to actually (and finally) go to several of their claimed locations and find out there was nothing there but a sign. Word got out on the internet and the company disappeared inside of a week. Poof! Gone. That was not before I made about 5X on the pump that was going on.
So just beware. There is some good nuggets in Titan, but there also are some red flags that keep showing up (more shares, patents, signing on test hospital after test hospital, etc).
Understand, and a big question for me. I just don't see how they could have raised the money they have raised to this point if they were a scam. Seems like the folks plunking down the big dollars would have the lawyers to do the DD.
I just don't know, so continue to dig.
Product is just in testing, but look at who is signing up for the testing systems. Will not be in human clinical trials until next year, so understandable market cap is only $100 million.
Also, their Exclusive License Agreement with Columbia University for Novel Single Port Robotic Surgery System is very promising.
Check out this presentation (link below) and it may change your perspective. A serious ISRG competitor would be welcomed by MANY, and this company may be that competitor. I have a small position now, but am doing research to decide about timing and size of ultimate position I want to hold. Interested, in serious opinions/thoughts on their system.