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Post by falconquest on Mar 29, 2019 17:31:11 GMT -5
Question is, whose going to buy all those shares even if they aren't issued all at once? They struggle along and right before they run out of money they issue more shares, struggle along.....wash, rinse, repeat. They need to figure out how to make money in a serious way seriously soon. I truly feel sorry for all shareholders.
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Post by bigchungus91354 on Mar 29, 2019 17:32:00 GMT -5
This isn't a complete story until Mike C explains the purpose of the offering. Good luck with that one!
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Post by mytakeonit on Mar 29, 2019 17:42:39 GMT -5
This does not mean that any shares will be sold. Most companies have this avenue to acquire cash if they need it. Smart move if you ask me.
But, that's mytakeonit
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Post by awesomo on Mar 29, 2019 17:47:23 GMT -5
This does not mean that any shares will be sold. Most companies have this avenue to acquire cash if they need it. Smart move if you ask me. But, that's mytakeonit You did see what happened last time we had this discussion right? I remember a certain gecko adamant against authorizing the shares but the overwhelming sentiment around here was... "Trust Mike..." "Oh they won't use the shares unless they need to..." "Oh this is just setting up for an amazing partnership/opportunity..." "Oh Mike said it would be for the next three years..."
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Post by boytroy88 on Mar 29, 2019 17:47:42 GMT -5
This does not mean that any shares will be sold. Most companies have this avenue to acquire cash if they need it. Smart move if you ask me. But, that's mytakeonit I think the problem is that they have already done this before and have used it....
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Post by sportsrancho on Mar 29, 2019 17:48:09 GMT -5
Ouch .. But it seems both Nate and MK are okay with this..... I don’t care what they’re OK with, I’m not OK with it.
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Post by rickf on Mar 29, 2019 17:53:39 GMT -5
Ouch .. But it seems both Nate and MK are okay with this..... I don’t care what they’re OK with, I’m not OK with it. I agree - enough! We demand accountability!
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Post by mymann on Mar 29, 2019 17:56:32 GMT -5
Screw this. I'm out! Over 10+ years and over a million $$$ and non of the people in charge not buying shares with their on cash. What a joke!
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Post by joeypotsandpans on Mar 29, 2019 17:57:51 GMT -5
You all realize you could hit the sell button any moment of any day, this comes with investing in biotechs and why the shorts love to short them...and lol to those "sympathizers"...most of you should be invested in T or VZ or PFE and be happy with moderate growth and a dividend, you will sleep a lot better at night at least that's what Nate says anyhow. If you still have no confidence in current mgmt. than you should be invested elsewhere JMHO
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Post by ilovekauai on Mar 29, 2019 18:02:19 GMT -5
Indeed BT 88.
And while I'm at it, last time I checked, MNKD Company HQ is located in Thousand Oaks, CA, not NYC. This is where the ASM should be held w/o question! So now the ASM that I had planned to attend again this year in Thousand Oaks, is in some fancy hotel in NYC, on the other side of the country from where it should be, (or at least in Danbury CT, where the plant is), making it very expensive for us to make it over there, and plus management gets to avoid many of us investors who aren't happy, while happily depositing themselves, dropping coin, to put themselves up in NYC? Is this a a joke?
What I liked about last year at the ASM was the chance to meet and mingle with mid-level staff, as well as upper management, to gauge their effectiveness and happiness in being part of MNKD. Well all of that is out the window now for this year. We won't see the underlings at the ASM. Trust with me at least as a long holding investor is fragile, at best right now.
I just hope those few investors attending the ASM in the middle of NYC (!) this year can ask some hard questions!
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Post by sayhey24 on Mar 29, 2019 18:02:56 GMT -5
Sports - whats the issue? If I am reading this correctly this is the registration of the shares associated with the $1.60 warrants. I thought everyone wanted the warrants exercised and the $42M going into the Treasury?
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Post by cjm18 on Mar 29, 2019 18:06:37 GMT -5
Countless people have mentioned shares were about to run out. Why is everyone surprised by this?
The real concern is Afrezza sales haven’t done squat despite the commercials.
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Post by letitride on Mar 29, 2019 18:08:39 GMT -5
Bring it Mike get it done! Let It Ride
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Form S-3
Mar 29, 2019 18:11:21 GMT -5
via mobile
Post by sportsrancho on Mar 29, 2019 18:11:21 GMT -5
Sports - whats the issue? If I am reading this correctly this is the registration of the shares associated with the $1.60 warrants. I thought everyone wanted the warrants exercised and the $42M going into the Treasury? I hope so sayhey! I pray so. I confess I’m getting a lot of emails and they are confusing me. My friend has a call into his hedge fund guy in New York to get the lowdown. And all of my closest MNKD long friends are extremely upset. Sorry ..right now I’m just losing it, and I wish all my money was in AMRN. I just can’t afford to go through this again.
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Post by awesomo on Mar 29, 2019 18:14:36 GMT -5
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