bkdmd
Researcher
Posts: 79
|
Post by bkdmd on Jun 24, 2019 19:36:14 GMT -5
Do you believe that Mike should be replaced at this time?
Why do you feel the way you do?
And I am no fan of VDEX or that Bill guy. I wish I never heard of VDEX or Bill.
|
|
|
Post by cedafuntennis on Jun 24, 2019 19:57:19 GMT -5
Not Mike but the BOD. They are useless and syphon a lot of capital. Instead use that money on patient retention. But off Mike doesn't realize that retention is key, then I'd consider but I know Mike sees that.
|
|
|
Post by rtmd on Jun 24, 2019 20:05:31 GMT -5
Well, the thing is, my opinion must be based on the person nominated to replace him. Maybe yes if they could find someone clearly more qualified.
|
|
|
Post by ktim on Jun 24, 2019 21:41:36 GMT -5
Who can we get as a replacement? From the very little I know of the other execs, I don't think I'd want one of them over Mike. I think it would be hard to find someone external as a replacement. Of course if that's the way I feel, I also suppose I shouldn't be as critical about his compensation, since I have doubts it could attract someone more qualified. Though still think that was bad optics that he should have avoided.
|
|
|
Post by cjm18 on Jun 24, 2019 21:57:18 GMT -5
Funny all the anti Mike hoopla yet the poll does not reflect that.
|
|
|
Post by mnkdfann on Jun 24, 2019 22:03:55 GMT -5
I wonder which way vdexdiabetes voted.
|
|
|
Post by peppy on Jun 24, 2019 22:23:35 GMT -5
|
|
|
Post by scottmnkd on Jun 24, 2019 23:24:17 GMT -5
Mike has lost credibility related to “guidance” and due to his Christmas surprise with no explanation of why it was necessary. There are a lot of positive things happening right now, but the stock price is reflective of a CEO who hasn’t made job number 1 protecting shareholder value. We may see improvement with new developments, but I personally am opinionated regarding Mike’s lack of respect toward the common shareholder. I would like to see a change.
|
|
|
Post by robbmo on Jun 25, 2019 0:14:46 GMT -5
I believe MC has done a lot for this company, has a plan, and we are on the cusp of taking off. We are almost there, and should be supportive, not a distraction.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 25, 2019 0:33:54 GMT -5
Mike has lost credibility related to “guidance” and due to his Christmas surprise with no explanation of why it was necessary. There are a lot of positive things happening right now, but the stock price is reflective of a CEO who hasn’t made job number 1 protecting shareholder value. We may see improvement with new developments, but I personally am opinionated regarding Mike’s lack of respect toward the common shareholder. I would like to see a change. That's not true. Mike explained why they raised money in December and I'm glad he did. The $2.38 warrants expired worthless. MNKD could have been in jeopardy of defaulting with Deerfield on the End of Quarter Cash Balance. His reason was that the money markets looked unsettled at the time so they got a deal done. Mike has done a great job considering the handcuffs that were placed on the company. Deerfield has had an albatross round MNKD's neck since 2013 when they agreed to the Toxic Deal. At the time it was the best deal possible for MNKD. Well that deal is about to end and MNKD will be free to do whatever he want. The SHORTS knew about the deal and shorted from $50 all the way down and made about $150M. Their party is about to end. They wanted a bankruptcy so they didn't have to pay taxes. Well that didn't work thanks to Mike and company. So now the shorts will start to cover.....when??? Don't know.....We don't know when the new deal will be announced which could catch them by surprise. We will have to wait and see. I'm expecting Mike to Roll all of their debt into one deal with a long expiration date at a decent rate. Now they will have one debt deal on the books and additional capital to get us into 2021 which will be the time that the money starts rolling in. Mike has the upmost respect for the shareholders but he can only say but so much. Read the 10-K or Q and your answers will be there. Mike is not going to come out and say my NUTS are tied until we pay off Deerfield. And he's not going to come out and say THIS IS WHAT I'M GOING TO DO. We have to wait and see.
|
|
|
Post by letitride on Jun 25, 2019 2:36:23 GMT -5
Get It Done Mike. Lets Go!
|
|
|
Post by sportsrancho on Jun 25, 2019 5:55:48 GMT -5
I wonder which way vdexdiabetes voted. Now that would be telling huh😉
|
|
|
Post by rtmd on Jun 25, 2019 6:19:42 GMT -5
Mike has lost credibility related to “guidance” and due to his Christmas surprise with no explanation of why it was necessary. There are a lot of positive things happening right now, but the stock price is reflective of a CEO who hasn’t made job number 1 protecting shareholder value. We may see improvement with new developments, but I personally am opinionated regarding Mike’s lack of respect toward the common shareholder. I would like to see a change. That's not true. Mike explained why they raised money in December and I'm glad he did. The $2.38 warrants expired worthless. MNKD could have been in jeopardy of defaulting with Deerfield on the End of Quarter Cash Balance. His reason was that the money markets looked unsettled at the time so they got a deal done. Mike has done a great job considering the handcuffs that were placed on the company. Deerfield has had an albatross round MNKD's neck since 2013 when they agreed to the Toxic Deal. At the time it was the best deal possible for MNKD. Well that deal is about to end and MNKD will be free to do whatever he want. The SHORTS knew about the deal and shorted from $50 all the way down and made about $150M. Their party is about to end. They wanted a bankruptcy so they didn't have to pay taxes. Well that didn't work thanks to Mike and company. So now the shorts will start to cover.....when??? Don't know.....We don't know when the new deal will be announced which could catch them by surprise. We will have to wait and see. I'm expecting Mike to Roll all of their debt into one deal with a long expiration date at a decent rate. Now they will have one debt deal on the books and additional capital to get us into 2021 which will be the time that the money starts rolling in. Mike has the upmost respect for the shareholders but he can only say but so much. Read the 10-K or Q and your answers will be there. Mike is not going to come out and say my NUTS are tied until we pay off Deerfield. And he's not going to come out and say THIS IS WHAT I'M GOING TO DO. We have to wait and see. I'm afraid I don't see how paying off Deerfield will free Mr. Castagna. What do you think he will be able to do any differently? If paying them off were important, wouldn't he have done it sooner, say, after getting paid by UTHR?
|
|
|
Post by barnstormer on Jun 25, 2019 7:35:10 GMT -5
Agree with rtmd. Any legitimate partner, BP or otherwise would see the remaining DF balance as a nit, pay it an move on. Yet Mike has been to several investors conferences and came home with nothing. At least no deal he was willing to pursue. Now share price is closing in on delisiting territory AGAIN. Now it seems like when the share price is faltering RLS comes out with a PR. Coincidence or orchestrated? Either way it won't help much if at all. I am willing to give Mike a few more months to pull off a recovery, but if it doesn't happen soon we will be facing another RS. Then the poll will surely have a different outcome.
|
|
|
Post by veritasfiliatemporis on Jun 25, 2019 7:38:09 GMT -5
If you hear nothing either the mike or amplifier should be replaced... I presume, this is a stupid poll it's useless and deleterious... One year ago everybody were clapping and Mike has been awarded as the CEO of the year, and now..
|
|