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Post by bioexec25 on Dec 29, 2018 21:11:05 GMT -5
I believe most CEOs buy shares in their companys when they think the company is undervalued not because of any catalyst. But maybe I’m off-base on that. Also my question is why isn’t the CFO on the conference call? I think he needs to explain this blindside. Especially when making $1.3 million per year. Then again, the head of HR makes a cool million per year.
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Post by ilovekauai on Dec 29, 2018 21:19:28 GMT -5
I'm not about to start getting upset, piling on, siding with those on this board who've never wanted this company to succeed in the first place from Day 1, and engage in speculation.
United we stand, divided we fall. I saw my shares get whacked in the r/s, lost a boatload of cash in the process, and still maintain my faith in this company. And if I'm wrong, could care less.
I'm content just to wake up in the morning and enjoy being alive; taking in all the beauty around me on this wonderful planet we call Earth. I really do.
Sure, money is nice, but I've learned to live w/o it many times in my life and have done so again. I'll wait to see what unfolds and honestly could care less if management is buying shares, or not.
Guess I'm not the typical investor in the Market, but you win some, lose some in life, so meh.
Happy New Year.
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Post by sportsrancho on Dec 29, 2018 21:19:29 GMT -5
I believe most CEOs buy shares in their companys when they think the company is undervalued not because of any catalyst. But maybe I’m off-base on that. Also my question is why isn’t the CFO on the conference call? I think he needs to explain this blindside. Especially when making $1.3 million per year. Then again, the head of HR makes a cool million per year. ST..@rooksleanne @bigcheeze WTF - Rosabel makes $500k+ and can’t return my phone call 🤬
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Post by bioexec25 on Dec 29, 2018 21:35:23 GMT -5
Especially when making $1.3 million per year. Then again, the head of HR makes a cool million per year. ST..@rooksleanne @bigcheeze WTF - Rosabel makes $500k+ and can’t return my phone call 🤬 About 3x more than an IR in this size biotech should make. She’s royalty though much like the original execs and board members all on the company dole. Top heavy company and over compensated c-levels especially after dropping shareholder value substantially through a very sloppy pre-holiday dilution.
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Post by mnholdem on Dec 29, 2018 21:36:43 GMT -5
Please don’t get me going on investor relations, Sports! ;-)
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Post by falconquest on Dec 29, 2018 22:39:59 GMT -5
Hmmm, a spot of cynicism there sports? You have been such an enthusiastic cheerleader of this company and now I sense you feel gut punched. You bet I feel gut punched. On ST we call it the no spin zone🤣 I’ve always said exactly how I felt, so why stop now. Actually I am going to stop now and wait to hear what Mike has to say. Something just tells me though if he had a surprise in his back pocket he wouldn’t have left Twitter he would still be there snickering. If someone advised him to do that it was the wrong move because it seems like he’s hiding. For the first time I do not feel comfortable with this chain of events. I just don’t. Hoping for the best🤞 And I have a few question from someone that they would like answered... What is stopping a partnership, no interest or too arrogant management? Would they be willing to take a cut in salary until break even? When are they going to buy more shares? And do they see this as the last share offering? If not why, as in paying off DF:-) Which would be a great thing in his opinion. No one expected this, and I really can’t go into why, but there are many people that deserve those answers. I feel bad for everyone that is hoping for a return here. Hopefully Mike does have something positive to share next Friday but I ain't holdin' my breath. He certainly does have lots of 'splainin to do.
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Post by akemp3000 on Dec 29, 2018 23:25:12 GMT -5
In the big picture...Afrezza sales are climbing. The TS pipeline is improving. The balance sheet has improved. Debt is reduced. SOC, juvenile approvals and international deals are moving forward. Focusing on a company in the Caymans buying in or MNKD execs not buying in is not on my radar of importance as those are personal decisions that don't have any impact on the company's progress. That said, I do want to hear Mike's reasoning for the stock sale. I've not yet lost faith in Mike and am certainly willing to hear what he has to say next Friday. GL
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Post by mango on Dec 30, 2018 0:47:35 GMT -5
ST..@rooksleanne @bigcheeze WTF - Rosabel makes $500k+ and can’t return my phone call 🤬 About 3x more than an IR in this size biotech should make. She’s royalty though much like the original execs and board members all on the company dole. Top heavy company and over compensated c-levels especially after dropping shareholder value substantially through a very sloppy pre-holiday dilution. I'm starting to feel that it was morally wrong of MannKind to go to Hawaii on the company's dime while loyal longs are going broke. Mainly, I think it all stems from my disappointment in how management can morally accept their salaires considering during these recent times when shareholders have lost their investments and struggling financially, the company is stlll in massive debt, and we need every penny we have to be used in a wise fashion that brings benefit. The money that management used to fund that trip was wasted and the company and it's shareholders will never experience any benefit from their mishandling of the finances. Mike has no justification for what management takes home yearly, so really I think that needs to change.
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Post by barnstormer on Dec 30, 2018 2:07:38 GMT -5
I don't think MNKD C Levels will buy any more shares until shares (if ever) get well above the reverse split range. Would you?
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Post by longliner on Dec 30, 2018 3:43:59 GMT -5
I don't think MNKD C Levels will buy any more shares until shares (if ever) get well above the reverse split range. Would you? Constantly, I buy constantly. (With what little I have to buy with). And yes, I expect Management to do the same or quit. I watched the Oklahoma Alabama game tonight (great game), however I doubt that at any time Nick Saban thought to himself "hey maybe I should take a job coaching at USC ", love to have him (no offense to Clay Helton intended, he is what the school needed), but my point is if shares were available in Alabama football Nick Saban would have started buying the day he took the head coaching job because he knew what he could do! I expect the same from the management of any company I own.
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Post by tchalaa on Dec 30, 2018 6:50:11 GMT -5
In the big picture...Afrezza sales are climbing. The TS pipeline is improving. The balance sheet has improved. Debt is reduced. SOC, juvenile approvals and international deals are moving forward. Focusing on a company in the Caymans buying in or MNKD execs not buying in is not on my radar of importance as those are personal decisions that don't have any impact on the company's progress. That said, I do want to hear Mike's reasoning for the stock sale. I've not yet lost faith in Mike and am certainly willing to hear what he has to say next Friday. GL Akemp beside the progress being made by the company let us also objectively say as shareholders, company owner, it is just not acceptable that after 7 years of continuously share value erosion everythingis fine. This regardless of the management team every time there is a light indicating share value increase, they always find the way to EXTINGUISH it. Currently we have lost more than 97% share value and less than 3% away to simply wipe out the preapproval shareholders. I acknowledge the company restructuring done by Mike just as the 100% share dilution after a bitter 5:1 reverse split nowhere we are back to $1. I won't let my very hard earned wealth vanish like that because of bad decision being made. We had an external sales force, an internal one and even a mixed one with NO considerable revenue. We need a co-promotion partner to scale up and cut better deal because this December 19, 2018 deal was criminal. Who is accountable. Why the hurry after saying no dilution needed and no need of money. My vote as a shareholder: NO SHARE INCREASE
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Post by lennymnkd on Dec 30, 2018 8:02:15 GMT -5
This thread gained momentum I don't understand. Not knowing if a deal is being consummated and a insider buy would upset the balance of the deal / non disclosure agreements and so on ... if management does buy in how long before it must be reported..
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Post by mnkdnewbie on Dec 30, 2018 8:07:04 GMT -5
Remember the conf call with Matt saying no dilution and right after he hung up the phone wham dilution. Not saying I like this round but I'm used to it, owning this stock...
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Post by akemp3000 on Dec 30, 2018 8:47:22 GMT -5
In the big picture...Afrezza sales are climbing. The TS pipeline is improving. The balance sheet has improved. Debt is reduced. SOC, juvenile approvals and international deals are moving forward. Focusing on a company in the Caymans buying in or MNKD execs not buying in is not on my radar of importance as those are personal decisions that don't have any impact on the company's progress. That said, I do want to hear Mike's reasoning for the stock sale. I've not yet lost faith in Mike and am certainly willing to hear what he has to say next Friday. GL Akemp beside the progress being made by the company let us also objectively say as shareholders, company owner, it is just not acceptable that after 7 years of continuously share value erosion everythingis fine. This regardless of the management team every time there is a light indicating share value increase, they always find the way to EXTINGUISH it. Currently we have lost more than 97% share value and less than 3% away to simply wipe out the preapproval shareholders. I acknowledge the company restructuring done by Mike just as the 100% share dilution after a bitter 5:1 reverse split nowhere we are back to $1. I won't let my very hard earned wealth vanish like that because of bad decision being made. We had an external sales force, an internal one and even a mixed one with NO considerable revenue. We need a co-promotion partner to scale up and cut better deal because this December 19, 2018 deal was criminal. Who is accountable. Why the hurry after saying no dilution needed and no need of money. My vote as a shareholder: NO SHARE INCREASE I do share the frustration and recognize that everything's not fine...yet. It's just my opinion that looking at the big picture, Mike has this company on the right track for growth with both Afrezza and TS. I believe that sometime in 2019, we're going to see a turn in the share price that will make all of the frustrations history. I'm looking forward to the upcoming conference call to hear more details about the purpose for the recent stock sale and what's coming up.
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Post by barnstormer on Dec 30, 2018 8:49:15 GMT -5
I don't think MNKD C Levels will buy any more shares until shares (if ever) get well above the reverse split range. Would you? Constantly, I buy constantly. (With what little I have to buy with). And yes, I expect Management to do the same or quit. I watched the Oklahoma Alabama game tonight (great game), however I doubt that at any time Nick Saban thought to himself "hey maybe I should take a job coaching at USC ", love to have him (no offense to Clay Helton intended, he is what the school needed), but my point is if shares were available in Alabama football Nick Saban would have started buying the day he took the head coaching job because he knew what he could do! I expect the same from the management of any company I own. I hope it works out for you and all of us longs. Until we hear something, anything about Biomm, Cipla & Tanner progress I am holding any further buys. There was no upfront money included in any of these deals so there is no incentive for these companies to show a sense of urgency toward the approval and distribution process. Any one of them would make a strong impact on revenues and share price. And let's not forget there was significant interest from UAE, but management didn't like the deal so they walked away from it. Now the stock is teetering near a buck again = delisting = reverse split territory. Been there done that. So I would suggest if you still love the stock you should look at options to mitigate your risk. GLTA
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