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Post by sweedee79 on Jun 24, 2019 9:46:34 GMT -5
I do not invent I do my due diligence. Got a ton of heat on this board when I said the stock was heading below 2 towards a buck. Take it for what it is worth. Matt P is the guy behind VDEX. Just like the stock went to a buock. Watch and learn. People can delete their own posts but they can't delete their words when they have been quoted in someone else's post. I'm not a lawyer but I'm pretty sure you crossed the line here. I'm not sure if Matt P cares about this but your words will be preserved if he does. I doubt Matt is behind this.. He was a really decent human being.. I remember him right beside Al.. total loyalty.. I don't see this same thing with MC.. If Matt came back it wouldn't hurt my feelings.. Uvula.. you are so funny.. 😅
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Post by rtmd on Jun 24, 2019 9:50:00 GMT -5
I came across an old post that takes on some new meaning after recent Vdex events. At least, it supports a bit of what Vdex said. Of course, for all I know, this poster (who no longer seems active) had a Vdex connection himself. mnkd.proboards.com/post/167136" I’ve spoken to 5 executives who’ve worked with Mike, 3 in former companies and 2 now departed from MNKD. None of them want their names used so these anonymous sources are subject to that criticism. So be it. Dismiss what I write below if you want. All five said very similar things: 1) Mike is ruthlessly political, 2) out for his own good, 3) will stab people in the back-has no loyalty, 4) is only interested in his own ideas or ideas that he can take credit for, 5) surrounds himself with yes men, and 6) is a very good talker. One said upon hearing Mike was made CEO of MNKD said he lost all respect for or interest in the company. The guy said Mike was “not impressive,” and he wondered how a company could be so desperate to make Mike the leader. He questioned whether the MNKD BOD was “asleep at the wheel.” This person is a successful, high-profile businessman who’s held high level executive positions in companies that you’d all recognize instantly. He has no apparent axe to grind. The other two non-MNKD people said mostly the same thing and that Mike was ambitious to a fault. These were people I met randomly so I didn’t seek out the contrary opinions." " The two departed MNKD execs told me to look at the turnover since Mike came in. They said good, competent people don’t like working with Mike because he is so obviously calculating and self-absorbed. He is not a team player. One told me Mike privately admitted to him his goal to displace Matt Pfeffer within a month or two of Matt bringing Mike in. He said Mike went right to work on the BOD undermining MP. The other said Mike is a phony who’ll pretend to befriend you but will knife you in the back when it suits him and will step over the body. One commented that Mike’s line is “I’ve never failed with a drug.” I could go on, but you get the point." I was just talking to someone about this post.. I remembered it.. thanks for finding it. I didn't believe this guy back then.. I do now. Well, a fair question is whether there was anyone more qualified than Mr. Castagna that was willing to take the job at the time. If he was the best available, then so be it.
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Post by sweedee79 on Jun 24, 2019 9:52:05 GMT -5
Matt should still be here.. we would have been way better off
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Post by liane on Jun 24, 2019 9:54:06 GMT -5
Sorry, my feeling is, that we are close to old yahoo massage board - I'm not happy with that! Sorry you feel that way. The mods do their best to keep the quality of the board high. But it's hard to gauge the motives of every poster, especially when there is such an inflammatory topic as has been going on the past week. We don't want to censor too harshly. We would certainly appreciate if everyone would keep their posts respectful and on topic.
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Post by awesomo on Jun 24, 2019 9:58:50 GMT -5
Sorry, my feeling is, that we are close to old yahoo massage board - I'm not happy with that! Sorry you feel that way. The mods do their best to keep the quality of the board high. But it's hard to gauge the motives of every poster, especially when there is such an inflammatory topic as has been going on the past week. We don't want to censor too harshly. We would certainly appreciate if everyone would keep their posts respectful and on topic. IMO the mods are doing a great job here, thank you for your efforts.
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Post by mannmade on Jun 24, 2019 9:59:54 GMT -5
I do not invent I do my due diligence. Got a ton of heat on this board when I said the stock was heading below 2 towards a buck. Take it for what it is worth. Matt P is the guy behind VDEX. Just like the stock went to a buck. Watch and learn. Backwash, I do not not know your motives but I am calling you out for telling a lie and spreading untruths. You have done NO due diligence as there is none to be done since I know for a fact Matt is NOT behind Vdex. He has been a personal friend of mine for years.
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Post by backwash on Jun 24, 2019 10:05:11 GMT -5
I think you were the one that called me out spreading FUD when I said the stock was going under 2 dollars? You have no clue what you are talking about--again.
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Post by mannmade on Jun 24, 2019 10:23:39 GMT -5
I think you were the one that called me out spreading FUD when I said the stock was going under 2 dollars? You have no clue what you are talking about--again. Actually I have more than a clue. You should quit now. I have no idea if you ever called the stock below two and do not care as I have never called anyone out including you, for guessing about the stock price, as I have been a long since 2008 and know how it fluctuates. I do however call out people for posting untruths posted as facts, which you have done. So am asking you kindly to stop.
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Post by rtmd on Jun 24, 2019 10:25:42 GMT -5
I think you were the one that called me out spreading FUD when I said the stock was going under 2 dollars? You have no clue what you are talking about--again. Actually I have more than a clue. You should quit now. I have no idea if you ever called the stock below two and do not care as I have never called anyone on out including you for guessing about the stock price as I have been a long since 2008 and know how it fluctuates. I do however call out people for posting untruths posted as facts which you have done. So am asking you to kindly stop. Could you all maybe take it out to the parking lot?
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Post by prcgorman2 on Jun 24, 2019 10:27:54 GMT -5
I do not invent I do my due diligence. Got a ton of heat on this board when I said the stock was heading below 2 towards a buck. Take it for what it is worth. Matt P is the guy behind VDEX. Just like the stock went to a buck. Watch and learn. Another example of things hard to believe because of how unbelievably stupid it would be if true. Emphasis on unbelievable.
I gave it a rest yesterday. Did anybody ever see anything about whether the <25 prescriptions per month for VDEX 2 (or 6) clinics is true? Did VDEX ever deny, or post numbers?
I noticed that folks went from arguing what a great deal it was to pay VDEX so that they could get a big loan to open up more clinics (despite the 1% of existing TRx numbers) to then focusing on "retention" as the real value.
I also noticed that some folks are aghast that Mike Castagna would talk openly about an existing CEO of Mannkind while angling for the job, but aren't in the least concerned that Bill/VDEX appear to be doing the same thing. Either it's wrong for both, or it's OK for both. Otherwise it's hypocrisy.
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Post by sportsrancho on Jun 24, 2019 10:31:47 GMT -5
I came across an old post that takes on some new meaning after recent Vdex events. At least, it supports a bit of what Vdex said. Of course, for all I know, this poster (who no longer seems active) had a Vdex connection himself. mnkd.proboards.com/post/167136" I’ve spoken to 5 executives who’ve worked with Mike, 3 in former companies and 2 now departed from MNKD. None of them want their names used so these anonymous sources are subject to that criticism. So be it. Dismiss what I write below if you want. All five said very similar things: 1) Mike is ruthlessly political, 2) out for his own good, 3) will stab people in the back-has no loyalty, 4) is only interested in his own ideas or ideas that he can take credit for, 5) surrounds himself with yes men, and 6) is a very good talker. One said upon hearing Mike was made CEO of MNKD said he lost all respect for or interest in the company. The guy said Mike was “not impressive,” and he wondered how a company could be so desperate to make Mike the leader. He questioned whether the MNKD BOD was “asleep at the wheel.” This person is a successful, high-profile businessman who’s held high level executive positions in companies that you’d all recognize instantly. He has no apparent axe to grind. The other two non-MNKD people said mostly the same thing and that Mike was ambitious to a fault. These were people I met randomly so I didn’t seek out the contrary opinions." " The two departed MNKD execs told me to look at the turnover since Mike came in. They said good, competent people don’t like working with Mike because he is so obviously calculating and self-absorbed. He is not a team player. One told me Mike privately admitted to him his goal to displace Matt Pfeffer within a month or two of Matt bringing Mike in. He said Mike went right to work on the BOD undermining MP. The other said Mike is a phony who’ll pretend to befriend you but will knife you in the back when it suits him and will step over the body. One commented that Mike’s line is “I’ve never failed with a drug.” I could go on, but you get the point." My opinion no Vdex connection, that guy had a friend who worked high up in Mannkind. A friend and myself we’re just talking about that post last night because we remembered it also.
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Post by kc on Jun 24, 2019 10:40:20 GMT -5
One day soon we all will wake up and find that Mannkind has either been sold very cheap for $3 or $4 or has filed bankruptcy. All of this is out our hands and this current thread is too. many mistakes made by everybody involved.
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Post by cjm18 on Jun 24, 2019 10:42:17 GMT -5
I came across an old post that takes on some new meaning after recent Vdex events. At least, it supports a bit of what Vdex said. Of course, for all I know, this poster (who no longer seems active) had a Vdex connection himself. mnkd.proboards.com/post/167136" I’ve spoken to 5 executives who’ve worked with Mike, 3 in former companies and 2 now departed from MNKD. None of them want their names used so these anonymous sources are subject to that criticism. So be it. Dismiss what I write below if you want. All five said very similar things: 1) Mike is ruthlessly political, 2) out for his own good, 3) will stab people in the back-has no loyalty, 4) is only interested in his own ideas or ideas that he can take credit for, 5) surrounds himself with yes men, and 6) is a very good talker. One said upon hearing Mike was made CEO of MNKD said he lost all respect for or interest in the company. The guy said Mike was “not impressive,” and he wondered how a company could be so desperate to make Mike the leader. He questioned whether the MNKD BOD was “asleep at the wheel.” This person is a successful, high-profile businessman who’s held high level executive positions in companies that you’d all recognize instantly. He has no apparent axe to grind. The other two non-MNKD people said mostly the same thing and that Mike was ambitious to a fault. These were people I met randomly so I didn’t seek out the contrary opinions." " The two departed MNKD execs told me to look at the turnover since Mike came in. They said good, competent people don’t like working with Mike because he is so obviously calculating and self-absorbed. He is not a team player. One told me Mike privately admitted to him his goal to displace Matt Pfeffer within a month or two of Matt bringing Mike in. He said Mike went right to work on the BOD undermining MP. The other said Mike is a phony who’ll pretend to befriend you but will knife you in the back when it suits him and will step over the body. One commented that Mike’s line is “I’ve never failed with a drug.” I could go on, but you get the point." My opinion no Vdex connection, that guy had a friend who worked high up in Mannkind. A friend and myself we’re just talking about that post last night because we remembered it also. “It has been said by others that you want a CEO with integrity, energy and intelligence” Vdex guy said this recently. So this post is also him?
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Post by mannmade on Jun 24, 2019 10:43:23 GMT -5
Actually I have more than a clue. You should quit now. I have no idea if you ever called the stock below two and do not care as I have never called anyone on out including you for guessing about the stock price as I have been a long since 2008 and know how it fluctuates. I do however call out people for posting untruths posted as facts which you have done. So am asking you to kindly stop. Could you all maybe take it out to the parking lot? With all due respect rtmd, people on ProBoards need to know when a contributor is telling an outright untruth so as not to give it any consideration whatsoever. We give a LOT of leeway for opinions on this board as everyone is entitled to one, especially when supported with a logical arguement. But an outright lie which I personally know is such, needs to be called out publically, otherwise it continues to fester in my opinion. I generally do not get too engaged in this type of conversation except when I know for a fact.
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Post by wsulylecoug on Jun 24, 2019 10:45:01 GMT -5
I came across an old post that takes on some new meaning after recent Vdex events. At least, it supports a bit of what Vdex said. Of course, for all I know, this poster (who no longer seems active) had a Vdex connection himself. mnkd.proboards.com/post/167136" I’ve spoken to 5 executives who’ve worked with Mike, 3 in former companies and 2 now departed from MNKD. None of them want their names used so these anonymous sources are subject to that criticism. So be it. Dismiss what I write below if you want. All five said very similar things: 1) Mike is ruthlessly political, 2) out for his own good, 3) will stab people in the back-has no loyalty, 4) is only interested in his own ideas or ideas that he can take credit for, 5) surrounds himself with yes men, and 6) is a very good talker. One said upon hearing Mike was made CEO of MNKD said he lost all respect for or interest in the company. The guy said Mike was “not impressive,” and he wondered how a company could be so desperate to make Mike the leader. He questioned whether the MNKD BOD was “asleep at the wheel.” This person is a successful, high-profile businessman who’s held high level executive positions in companies that you’d all recognize instantly. He has no apparent axe to grind. The other two non-MNKD people said mostly the same thing and that Mike was ambitious to a fault. These were people I met randomly so I didn’t seek out the contrary opinions." " The two departed MNKD execs told me to look at the turnover since Mike came in. They said good, competent people don’t like working with Mike because he is so obviously calculating and self-absorbed. He is not a team player. One told me Mike privately admitted to him his goal to displace Matt Pfeffer within a month or two of Matt bringing Mike in. He said Mike went right to work on the BOD undermining MP. The other said Mike is a phony who’ll pretend to befriend you but will knife you in the back when it suits him and will step over the body. One commented that Mike’s line is “I’ve never failed with a drug.” I could go on, but you get the point." Galileo was a member for about 2 weeks with 9 posts. It appears the purpose of most posts were to sling mud at MC. While I understand that second-hand information can be important and sometimes all that's available, I significantly discount it to the point it means very little. Everyone can look at one situation and see two very different things...then a third person hears a story and retells that story with the lens they look through...recoloring it yet again. There's so much second-hand, third-hand, fourth-hand information from "very trusted sources" "people in the know" "sources that want to remain anonymous" "people close to the situation" being thrown around right now it's kinda silly. IMO there is probably a level of truth and misunderstanding from all sides. Is there purposeful misleading going on? Maybe...but it's impossible to know from where. There are a few things that stand out, one being the Kendall hire. When he was first hired, he was asked several times how that came about. He himself described the process and if I'm not mistaken referenced Mike, not months/years of being courted by previous MNKD execs. Another thing that stands out is the appearance that MC was a rouge CEO squashing deals without BOD knowledge and support. That would be an odd way to kick off a new relationship. I'm going with Mike made that decision with BOD support and his reasoning was justified. I believe he communicated during CC's and presentations that they wanted to pursue partners for larger areas, not one country. BRIC countries make sense to me for a single partnership due to size alone. If we're headed towards an activist investor coming into play, it sure appears that Bill and Vdex is trying to make the case that they're it. I'm not comfortable with that given what's transpired over the last week and if it goes that direction, I'll likely move on. Nothing that has been said by either side has been an "AHHA!" moment of 100% clarity. I'm not 100% pleased with what's happened with MNKD and some decisions either...December dilution the most prominent example. I'm comfortable with seeing where things go for the remainder of 2019 and decide if my money stays in or not. Unfortunately, what's going on right now (and whatever MK has up his sleeve) will be more destructive and constructive IMO. Looking for positive events to drown out the ick!
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