|
Post by derek2 on Oct 18, 2016 18:28:12 GMT -5
I think the single best source of immediate revenue would be a cash settlement with Sanofi. Matt eluded to this having potential. Matt has also eluded to many things that haven't come to fruition. So we have to ask ourselves, what are the chances of a cash settlement from Sanofi? I'm not trying to be an idiot here. Okay, maybe a little, but it's meant just in fun. "Allude" means to make reference to. "Elude" means to be evasive or escape. I actually think your statement has a lot of merit with either spelling. Knock knock Who's there? Grammar police Grammar police who? Grammar police whom.
|
|
|
Post by compound26 on Oct 18, 2016 18:46:26 GMT -5
What disappoints me is that Al Mann was mentor to so many successful/influential people in the diabetic business, e.g., the current CEO of Dexcom. Many said very nice words about Al Mann in the Al Mann Gala. However, at this critical juncture, so far none of them has offered a help hand to Mannkind, Al Mann's last baby.
|
|
|
Cash
Oct 18, 2016 19:11:47 GMT -5
Post by nadathing on Oct 18, 2016 19:11:47 GMT -5
Basically the options are 1: Bankruptcy 2: Sell Afrezza to another pharma 3: Sell the company. you don't believe anymore the current option ? so the launch 2.0 will work ? I don't think that even if scripts doubled it would help at this point. Yes I am pessimistic and depressed over the situation, but will new investors be attracted to MNKD even with positive script numbers but no cash to run the company? I really wish they put the company up for sale. I'd like to see $2 a share in a BO, but I suspect we might only get $1. I'd take it at this point.
|
|
|
Post by falconquest on Oct 18, 2016 19:22:47 GMT -5
I think the single best source of immediate revenue would be a cash settlement with Sanofi. Matt eluded to this having potential. Matt has also eluded to many things that haven't come to fruition. So we have to ask ourselves, what are the chances of a cash settlement from Sanofi? I'm not trying to be an idiot here. Okay, maybe a little, but it's meant just in fun. "Allude" means to make reference to. "Elude" means to be evasive or escape. I actually think your statement has a lot of merit with either spelling. Knock knock Who's there? Grammar police Grammar police who? Grammar police whom. Touche Derek, touche. I usually try to be cognizant of my grammar so it must have have been a Freudian slip that overcame me!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Oct 20, 2016 9:40:49 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet.
|
|
|
Post by bthomas55ep on Oct 20, 2016 9:52:03 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet. Not only that, but last night (or should I say about 2am EST), Mike C tweets back to an insult given him by a Chuck Lacy that says, and I quote, "Chuck criticize me all you want, but one day you'll thank me. In the meantime, thank you for your support of Afrezza", end quote. Certainly sounds pretty bullish. Hard to know what to make of it.
|
|
|
Cash
Oct 20, 2016 10:05:01 GMT -5
Post by bwills on Oct 20, 2016 10:05:01 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet. How long have those jobs been listed?
|
|
Deleted
Deleted Member
Posts: 0
|
Cash
Oct 20, 2016 10:11:47 GMT -5
Post by Deleted on Oct 20, 2016 10:11:47 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet. How long have those jobs been listed? 2-3 days ago the Touchpoint website only showed 2 openings: Princeton NJ and the Alabama territory.
|
|
|
Cash
Oct 20, 2016 10:40:41 GMT -5
Post by matt on Oct 20, 2016 10:40:41 GMT -5
I am not sure the job listings mean much, positive or negative. I most cases people join Publicis as a temporary solution to unemployment while they continue to interview for permanent jobs, in pharma or elsewhere. The turnover in contract pharma sales is pretty substantial, and with Afrezza selling only modest amounts the commissions can't be large enough to keep the sales force interested. Publicis, from their end, has committed to use best efforts to fill a certain number of jobs in certain territories so I would expect them to advertise any openings so long as the contract in its present form remains intact; they really can't do anything else. This seems like business as usual from both sides.
|
|
|
Cash
Oct 20, 2016 10:49:18 GMT -5
Post by nemzter on Oct 20, 2016 10:49:18 GMT -5
2-3 days ago the Touchpoint website only showed 2 openings: Princeton NJ and the Alabama territory. Could be folks who quit those territories due to lack of Sales
|
|
|
Cash
Oct 20, 2016 10:52:14 GMT -5
Post by therealisaching on Oct 20, 2016 10:52:14 GMT -5
A user had done this nice map a long time ago
mnkd.proboards.com/post/67589/thread
I dont believe all of those slots were originally filled so its hard to say whether these are new or replacments, but its a nice graphical representation
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Oct 20, 2016 11:00:56 GMT -5
Ann Arbor and Princeton appear to be new territories. The others, per the map were listed so maybe never filled or rep quit. Temp drug reps are the norm today. Full time rep for the manufacturer obviously most coveted but massive salesforce reductions make the traditional Rx sales role for the manufacturer much less common today. Not uncommon for interim rep job to have a 1-2 year contract and then manufacturer can simply get rid of some or all of the sales team or re-up based on business metrics. As you all know, just because a company advertises a job does not mean there is a real opening. HR could be doing busy work or company wants to maintain an appearance. I posted it as food for thought. Hard to read into anything these days and senior execs all have to remain poker faced for reasons we all know. Cash is our oxygen and without it, there is no life. Hurry up and wait.
|
|
|
Post by saxcmann on Oct 20, 2016 12:05:07 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet. They also hired my endo friend to speak a few weeks ago. I think others have been hired as well. Hmmm? Management doesn't seem concerned over cash currently do they? Almost feels like they are waiting for something before news can be released? Maybe just wishful thinking on my part? The current pps jump makes me think scripts could jump tomorrow? People in the know always know first....thoughts?
|
|
|
Cash
Oct 20, 2016 16:36:43 GMT -5
via mobile
kball likes this
Post by sportsrancho on Oct 20, 2016 16:36:43 GMT -5
As always, more questions than answers and we can tell ourselves any narrative we would like. I still think the situation is precarious but on the positive side of the debate today, why would they be looking to fill 6 sales territories if it was over although I have seen companies hire and shortly thereafter terminate as the terminate order comes from a higher silo but for what its worth, see link below: touchpointsolutions.jobs/jobs/?q=mannkindAlso, Mike C does not seem to appear stressed out and the fact he is willing to share a photo / tweet of himself spending an afternoon at a football game could be construed as someone who is confident and will have runway to continue his commercialization strategy or if you want to take the opposing view, that he knows the end is near and he is simply enjoying life. I still believe he had to have some assurances about cash / runway before he left a stable job. If he were a neophyte in the industry, he would not know what questions to ask during his interview but he isn't and given he has reinvigorated ailing Rx products before, he knows many of the pitfalls and challenges. Of course, if I were 100% convinced of more cash and that the marketing plan simply needs time, I would pick up more shares - not there yet. They also hired my endo friend to speak a few weeks ago. I think others have been hired as well. Hmmm? Management doesn't seem concerned over cash currently do they? Almost feels like they are waiting for something before news can be released? Maybe just wishful thinking on my part? The current pps jump makes me think scripts could jump tomorrow? People in the know always know first....thoughts? Yes:-) No..Yes...No..maybe...Yes they do:-)
|
|
|
Post by mnholdem on Oct 20, 2016 16:57:24 GMT -5
"People in the know always know first." Isn't that like saying the airline passengers are always the first ones at the scene of the crash? Oops, I probably shouldn't use the word "crash" whenever referring to MNKD.
|
|