 In this video we're going to go through this robotics penny stock, so this is a penny stock involved in the robotics industry I think it's got a lot of potential, we'll go through the research, we'll go through the information I've got for you in this video including some of the benefits I believe that there is for this particular company but also some of the slight concerns but we'll go through all the relevant information in this compact straight to the point video if you appreciate the direct approach then do leave a like on the video, it does help it out get up into that YouTube search results and algorithms so that more people are shown to more people and more people click on the video so thanks for all the support on the channel, we're growing to that 10,000 subscriber let's go into the penny stock and get right into the information though so the company we're talking about is Titan Medical I recently mentioned this in one of my top list and I did say I was going to make a video on this stock and I'm following through with that promise and saying that I was going to make a video on this Titan Medical, what is it? Titan Medical, we believe that robotics assisted surgery technology can be greatly advanced we are committed to enhancing robotics assisted surgery through technology that requires only one patient access site our goals are improved patient outcomes, lowering operating room costs and applied technology that is both effective and easy to use, allowing medical professionals to perform their best our robotics assisted surgery system in development, the NOS single access surgery system so they're trying to produce this surgery system that actually reduces the patient trauma and scarring that can be reduced and make sure they recover faster, so going further into this information you've got this particular image that actually shows what the system is so you've got the 3D display which is to provide balance of surgical immersion and situational awareness in the operating room so it's got that 3D camera screen there of the situation that's going on it's got the differentiation in terms of it's got simplistic controls which is really important but also it's very efficient in what it does, so simplicity and efficiency it's also got an ergonomic workstation in terms of the natural handle interface designed to enable comfortable surgical posture even during long procedures so again this is important really as part of the surgery procedure process this gives this is a good unique selling point in terms of that it's a comfortable product to use as a surgeon now before we move on to more about this stock and some of the benefits and concerns I've got for it please do like the video to get it right up into the YouTube algorithm and I want to say thank you to everybody who's helping me reach towards that 10,000 subscriber we are getting so close to that goal so thank you for all the support let's get back into the information now a good point about this stock is the credibility of this stock partially because they've got many peer reviewed aspects here where the peer reviewed the actual system that they use and having these peer reviewed abstracts actually adds credibility to their products and what they're trying to sell which is really important when it comes to the medical industry in particular robotics in surgery right these are areas that require a large amount of credibility and having these peer reviews is really important as a process of that and again you can see more peer reviews here moving on so you've got the development and license agreements for what they're producing here so they're leveraging Titans technology an intellectual property with license payments of up to 41 million provided certain milestones are achieved first milestones met and the received actually already 20 million already Titan maintains IP rights necessary to independently develop and commercialize its single access robotic technology this is really important that they've got that IP there so that when they start to commercialize these products more and more then they're able to do that it's also established a US subsidiary and its purpose built space in robotics technology near the product development service provider serves as a US operational headquarters and then you've got the development so what was the development like so they've recruiting technical management and engineering talent this is key to the development and the improvement of the product to make sure it's the best product possible by actually looking at that expansion of talent and getting those staff involved in there that can help grow the company so it's to lead the next to keep product development in concert with service providers it's got growing intellectual property now over 150 patents awarded or pending this is great why make sure they've got competitive advantage because nobody can copy what they're doing if they've got it patent protected and it says here as I said 150 awarded or pending so what is some of the benefits of the company first of all it's in a emerging industry the robotics industry itself is an emerging industry and is only going to grow even further and particularly there's a great application for robotics when it comes to surgery procedures and what they're doing there I can really see the market for this and the potential market for this so I do believe that this is only an emerging industry and these might be one of those winners in this emerging industry it's also a useful product I mean if you look at the product itself what it's doing you know in terms of ease of use and what it's trying to do and I think that it's a useful product what they've got my only concern on this particular stock is of course the volatility on this stock I mean it is a penny stock so what do I suggest you do well obviously I always suggest to do your own research don't just take my analysis what I think about the stock for it as what you should base your decisions off never do that I'm not a financial advisor business teacher I understand some business fundamentals but I'm by no means an expert so do your own research and it's important to do that why because if you do your own research and you buy the stock and then it say dips 20% you're then not going to panic sell because you like me believe in the quality of the product and what they're doing so that's really important and you can always as if it dips heavily you can buy the dips en route to the run up as well so which is really important but I do think that this stock has got the potential to double fast this one of these penny stocks that could double fast in my opinion within the next three to six months I would say it's going to have that ability to double up from its current level at some stage okay now the current price what is the current price at so it's at $2.54 you got Titan Medical here the ticker symbol T M D I and after hours of $2.55 okay it did have this massive drop-off now between sort of the 27th 28th and 29th there was a bit of overall the overall market was down now because the overall market was down it has a bigger impact on these penny stocks okay so this is ultimately potentially creating a buying opportunity hit that $3.40 level it's come down to $2.55 I think if you can get it anywhere in these low $2 range I think that's a buying opportunity on the run up to $4 to $5 okay I really do think that I think it's got a lot of potential as a company so thanks for watching this video hopefully you appreciate the direct approach of getting right into the information for you and so do like the video if you did appreciate that then also subscribe to the channel and turn on the notifications so that you first get notified whenever we create a new video particularly on penny stocks which are very volatile right so thanks for watching thanks for all the support and I'll see everybody in the next one