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Post by agedhippie on Dec 30, 2018 18:07:59 GMT -5
No shares have traded hands yet ... so, wait till Friday to hear what the plan is. I believe it is for a partnership. Something that can't be bad if we are going international. I also believe that Mike C will make his statements about the plan ... and no questions will be taken. Or, a couple from a "plant" that will ask the questions that he wants answered in specific areas. I think ... das is good ... das is fine. I thought we had been around this. If it was a partnership you would not do an underwritten public offering for the buy-in, and there would not be warrants.
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Post by radgray68 on Dec 30, 2018 18:38:32 GMT -5
Guys on Wall Street are starting to talk about market liquidity drying up in the 4th quarter. That just might have had an impact on the timing here...maaaaybe. However, I see it as an overall good thing and I'll tell you why.
In the brief two years Mike has been our CEO, he has impressed me with not only his pharmaceutical acumen but his sincerity, drive and, most importantly his business intellect. The debt restructuring, hands-on sales team management and complete transition of Mannkind from a R&D culture to a fully integrated top to bottom pharmaceutical company are commendable, to say the least. In his defense, the main theme of every foreword looking timeline slide this last year has been the 5 year plan. That's a subtle, even legal way of telling us it's going to take some more time.
Besides, when the 280 million shares were authorized, what did everyone expect, really? We were about to be going defunct without it, as I recall. I certainly remember saying at the time that I'm going to figure total usage of those shares in my favorite pie-in-the-sky, back-of-the-napkin math. It just HAS to happen to succeed. Mike wouldn't do this unless he had good, clear positive usage for it. My only hope is we stop needing dilution by around 250 mil O/S, leaving 10-12% + the 10 million preferred shares to dangle as future buy-in bait.
Oh, and we just yesterday had a 20% beat of our prior best weekly $ales number. Perhaps the advertising is starting to work and warrants further investment even if its temporarily dilutive. Accelerated revenue growth cures EVERYTHING quicker. JMHO
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Post by winstonsmith on Dec 30, 2018 19:53:58 GMT -5
Unfortunately Mike C has very little skin in the game....the more dilution that happens means more money for him to work with. Sure the company turns around but shareholders get slammed in the process. He reports to CURRENT shareholders and should hold CURRENT shareholder value in his highest regard.....not the future shareholders who will be there to benefit from current longs.
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Post by sportsrancho on Dec 30, 2018 20:26:08 GMT -5
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Post by mytakeonit on Dec 30, 2018 21:13:45 GMT -5
"I thought we had been around this." Around and around it goes ... and where it stops nobody knows. But, it adds up to 666 again. Oooohhh ... spookie. www.youtube.com/watch?v=4OeYU3_xD0s
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Post by peppy on Dec 30, 2018 21:44:25 GMT -5
after tumbling threw this thread, it is a darn good thing afrezza is the world best fast acting insulin. That helps at some level. and the UTHR deal. The share price awful. I want to hear the story.
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Post by ilovekauai on Dec 30, 2018 22:16:56 GMT -5
Well admittedly, some hefty salaries there. I wonder when Matt P drops off the payroll, and what the heck does Stuart Tross do? For some reason I thought Michael C was at $500K. Guess I'll have a lot more questions at the ASM next May, if we're still getting slammed. Thanks.
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Post by bones1026 on Dec 30, 2018 22:29:33 GMT -5
Thanks Sports...can anyone tell me what we are getting in return for our 1.6M investment in Tross and Rose?
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Post by sweedee79 on Dec 30, 2018 22:38:01 GMT -5
This last episode was the last straw for me... And I an an enabling "nice" person..... But don't continue to paint Rosy pictures and tell us "it's all up from here" .. then do a 160 degree not long after.. delete your post to cover your butt.. sorry but I think there comes a time when we deserve better.. sitting here long and loyal can only last for so long under these circumstances.. now is the time for answers..
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Post by sweedee79 on Dec 30, 2018 22:45:16 GMT -5
I also don't understand deleting or suspending a Twitter account, wasnt a good move.. looks cowardly to me.. we need a strong CEO that doesn't run and hide..
We have been through the mill with this investment.. loyal.. trusting and defending Mike C. ..
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Post by sweedee79 on Dec 30, 2018 22:54:14 GMT -5
I feel like I'm getting told a bunch of shit just to string me along. Tired of it..
I love Afrezza.. know that it's the best meal time insulin out there.. but also knew what we were up against a long time ago.. kept the faith in new management up until now.. now I'm pissed.. especially when I hear management is taking trips to Hawai after this.. not good!!!!! I'm out in the middle of ND and it's blizzarding.. LOL .. granted I'm at a beautiful lodge and it's my son's wedding. but still..
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Post by akemp3000 on Dec 30, 2018 23:07:28 GMT -5
Can't argue with you Sweedee. We've been here through thick and thin. Friday is the day for some serious information that lays out the true purpose and direction of the stock, the company, Afrezza and the pipeline.
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Post by sportsrancho on Dec 30, 2018 23:18:05 GMT -5
I also don't understand deleting or suspending a Twitter account, wasnt a good move.. looks cowardly to me.. we need a strong CEO that doesn't run and hide.. We have been through the mill with this investment.. loyal.. trusting and defending Mike C. .. You know I absolutely agree! This was not good. Stand up!! Women know when men are hiding. We love you Mike, but please this literally makes us heartsick!
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Post by uvula on Dec 30, 2018 23:22:27 GMT -5
A more accurate title for this thread would have been "accountability time has arrived again". All this "final straw" stuff was said before with Haken and Matt. This too shall pass.
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Post by sportsrancho on Dec 30, 2018 23:26:13 GMT -5
A more accurate title for this thread would have been "accountability time has arrived again". All this "final straw" stuff was said before with Haken and Matt. This too shall pass. No not by us, and now you know how pissed everybody really is!!
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