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Post by whale1r1 on Dec 20, 2018 21:58:58 GMT -5
This was tweeted to Mike today.
Mike, as you are well aware, a lot of shareholders are upset with the news today. For too long, the MNKD board has allowed the lack of support from the MANN foundation to fester. Its time for them to set up meetings at John Hopkins, etc. And if the Mann Foundation doesn't get on board to help, then perhaps a leadership change within the MNKD board itself is warranted.
Shareholders - Its time to demand that our board step up to the plate. For too long board members have been sitting on the sidelines. They need to take the General McArthur approach and get into the field and assist the salesforce through their relationships. For example, we have only 1+ doctor at John Hopkins prescribing afrezza. A school that has received enormous amounts of money from Al Mann and they can't assist the salesforce by allowing them to introduce Afrezza? Our board should have taken care of this 2+ years ago. This is exactly why we need a leadership change on the MNKD board.
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Post by morfu on Dec 20, 2018 22:59:12 GMT -5
This was tweeted to Mike today. Mike, as you are well aware, a lot of shareholders are upset with the news today. For too long, the MNKD board has allowed the lack of support from the MANN foundation to fester. Its time for them to set up meetings at John Hopkins, etc. And if the Mann Foundation doesn't get on board to help, then perhaps a leadership change within the MNKD board itself is warranted. Shareholders - Its time to demand that our board step up to the plate. For too long board members have been sitting on the sidelines. They need to take the General McArthur approach and get into the field and assist the salesforce through their relationships. For example, we have only 1+ doctor at John Hopkins prescribing afrezza. A school that has received enormous amounts of money from Al Mann and they can't assist the salesforce by allowing them to introduce Afrezza? Our board should have taken care of this 2+ years ago. This is exactly why we need a leadership change on the MNKD board. I am not upset and I dont think the board has anything to do with this. I just want to know the reasoning behind this decision at the current time from the management, which after all represents the shareholders!
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Post by tomtabb on Dec 20, 2018 23:03:37 GMT -5
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Post by agedhippie on Dec 21, 2018 5:36:27 GMT -5
Scientific Advisory Boards are there to offer scientific advice, not to promote or sell the product.
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Post by tomtabb on Dec 21, 2018 7:22:49 GMT -5
Scientific Advisory Boards are there to offer scientific advice, not to promote or sell the product. That's fine. What scientific advice have they given that has helped MNKD? Regardless, presuming they know the product and technology, I would think if they were enthused about it, they could do at least a little "scientific" promoting.
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Post by boca1girl on Dec 21, 2018 7:44:09 GMT -5
It would be an embarrassment if they never prescribed Afrezza or had any first hand knowledge of the drug.
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Post by agedhippie on Dec 21, 2018 10:14:25 GMT -5
Scientific Advisory Boards are there to offer scientific advice, not to promote or sell the product. That's fine. What scientific advice have they given that has helped MNKD? Regardless, presuming they know the product and technology, I would think if they were enthused about it, they could do at least a little "scientific" promoting. The SAB is a sounding board. They are who you use to sanity check your scientific thoughts. Quite often there will be people on a SAB who are particularly in favor of the project because you need a spectrum of views to understand strengths and weaknesses. If they believe in a product they will promote it whether or not they are on the SAB.
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Post by tomtabb on Dec 21, 2018 10:22:06 GMT -5
That's fine. What scientific advice have they given that has helped MNKD? Regardless, presuming they know the product and technology, I would think if they were enthused about it, they could do at least a little "scientific" promoting. The SAB is a sounding board. They are who you use to sanity check your scientific thoughts. Quite often there will be people on a SAB who are particularly in favor of the project because you need a spectrum of views to understand strengths and weaknesses. If they believe in a product they will promote it whether or not they are on the SAB. I did a quick google on the members and couldn't come up with anything linking them to either technosphere or afrezza in any way, shape, or form. Should I interpret that as meaning they don't believe in the products?
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Post by agedhippie on Dec 21, 2018 10:30:35 GMT -5
The SAB is a sounding board. They are who you use to sanity check your scientific thoughts. Quite often there will be people on a SAB who are particularly in favor of the project because you need a spectrum of views to understand strengths and weaknesses. If they believe in a product they will promote it whether or not they are on the SAB. I did a quick google on the members and couldn't come up with anything linking them to either technosphere or afrezza in any way, shape, or form. Should I interpret that as meaning they don't believe in the products? No, it simply means that they have no links that you can find with a quick google to either Technosphere or Afrezza. A more thorough search would turn up that Dr Satish Garg ran the STAT trial for example. They are selected because Mannkind believes they are industry experts and can contribute valuable insight into operations.
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Post by cedafuntennis on Dec 21, 2018 12:49:40 GMT -5
This was tweeted to Mike today. Mike, as you are well aware, a lot of shareholders are upset with the news today. For too long, the MNKD board has allowed the lack of support from the MANN foundation to fester. Its time for them to set up meetings at John Hopkins, etc. And if the Mann Foundation doesn't get on board to help, then perhaps a leadership change within the MNKD board itself is warranted. Shareholders - Its time to demand that our board step up to the plate. For too long board members have been sitting on the sidelines. They need to take the General McArthur approach and get into the field and assist the salesforce through their relationships. For example, we have only 1+ doctor at John Hopkins prescribing afrezza. A school that has received enormous amounts of money from Al Mann and they can't assist the salesforce by allowing them to introduce Afrezza? Our board should have taken care of this 2+ years ago. This is exactly why we need a leadership change on the MNKD board. I am not upset and I dont think the board has anything to do with this. I just want to know the reasoning behind this decision at the current time from the management, which after all represents the shareholders!
One of the few items I disagree with Mike on. This board does not represent the shareholders and they are MIA for years. Time they earn their help or get others who will. Looks like to many of them are there due to old relationships with Al and not for contributions to the company. For years they were complaint with the previous CEOs who were clearly incompetent for the position in this company and many more such examples. It's time Mike and it's overdue.
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Post by mango on Dec 21, 2018 14:24:38 GMT -5
The SAB is a sounding board. They are who you use to sanity check your scientific thoughts. Quite often there will be people on a SAB who are particularly in favor of the project because you need a spectrum of views to understand strengths and weaknesses. If they believe in a product they will promote it whether or not they are on the SAB. I did a quick google on the members and couldn't come up with anything linking them to either technosphere or afrezza in any way, shape, or form. Should I interpret that as meaning they don't believe in the products? You suck at the internet
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Post by agedhippie on Dec 21, 2018 16:14:08 GMT -5
This was tweeted to Mike today. Mike, as you are well aware, a lot of shareholders are upset with the news today. For too long, the MNKD board has allowed the lack of support from the MANN foundation to fester. Its time for them to set up meetings at John Hopkins, etc. And if the Mann Foundation doesn't get on board to help, then perhaps a leadership change within the MNKD board itself is warranted. Shareholders - Its time to demand that our board step up to the plate. For too long board members have been sitting on the sidelines. They need to take the General McArthur approach and get into the field and assist the salesforce through their relationships. For example, we have only 1+ doctor at John Hopkins prescribing afrezza. A school that has received enormous amounts of money from Al Mann and they can't assist the salesforce by allowing them to introduce Afrezza? Our board should have taken care of this 2+ years ago. This is exactly why we need a leadership change on the MNKD board. Which bit of that was tweeted to Mike, and which was tweeted by Mike?
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Post by ilovekauai on Dec 21, 2018 16:28:57 GMT -5
I have no interest in any of this whatsoever and view this attempt as a divisive tactic. My faith in the direction of this company remains unshaken and solid regardless of yesterday. I will attend the ASM in May, and suggest that might be a better platform for you, rather than this chat board where only a fraction of the SH post. So please attend if you feel so strongly about this. In addition the board prez will very likely be attendance, as well as other board members, so offer it up for discussion or discuss privately with them, whatever. Thank you.
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Post by whale1r1 on Dec 21, 2018 19:43:40 GMT -5
I have attended the shareholder meeting for several years. Furthermore this issue is too important for it to wait for the annual shareholder meeting. It was also brought up privately with management prior to the post. No action has been taken because management is not in a position to challenge the Alfred Mann foundation. If they did, then they would be out of a job. Only the board as a collective whole can challenge the foundation and Emma’s their action. The board won’t do this unless the shareholders publicly demand that they take action.
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Post by uvula on Dec 22, 2018 11:10:32 GMT -5
Whale, Your whole premise makes no sense to me. The AMF has no connection to mnkd except they own a boat load of stock. There is no way that the mnkd can challenge the AMF.
What is it that you want Mike to do? Should he demand that the AMF give more money to MNKD? I'm not trying to be argumentative. It is quite possible that there is a real issue here. I just can't figure out what it is and you did not explain what you are upset about.
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