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Post by sayhey24 on Jul 18, 2019 13:35:04 GMT -5
Lifebreath - I am not sure you appreciated the PR. Its IMO huge news but an appreciation of the afrezza facility is needed. Here is a key phrase - "This expansion provides the Company with the capability to produce dry powder formulations of highly potent active ingredients, such as epinephrine, on a commercial scale, in alignment with MannKind's strategic partnerships." What partnerships? We know of UTHR but it says partnerships and we know RLS was moved to CA so I would say stay tuned. Mike said wait for July and we still have a few more weeks. While some like Mike K. don't I still have faith in Mike. Additionally building this new facility separate from the afrezza production is a huge deal. Sayhey24 do you want to reconsider this post. There are now less than two weeks remaining in July. If there was a deal that could raise SP to be announced this month why would MC dilute at $1.04 now. The two recent announcements were a weak attempt to keep share price up before dilution. Two weeks is a long time. I will be patient. Mike said July but Labor day would be OK. Why would MNKD pay 13cents for $1.60 warrants is my question? If your assumption that the share price is doomed is correct why wouldn't Mike just let the warrants expire worthless unless he wanted DF out of the way and needed them out of the way now? Maybe there is huge news which will really spike the price and Mike just royally screwed DF. Wouldn't that be assume.
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Post by lifebreath on Jul 18, 2019 17:06:53 GMT -5
Sayhey24 do you want to reconsider this post. There are now less than two weeks remaining in July. If there was a deal that could raise SP to be announced this month why would MC dilute at $1.04 now. The two recent announcements were a weak attempt to keep share price up before dilution. Two weeks is a long time. I will be patient. Mike said July but Labor day would be OK. Why would MNKD pay 13cents for $1.60 warrants is my question? If your assumption that the share price is doomed is correct why wouldn't Mike just let the warrants expire worthless unless he wanted DF out of the way and needed them out of the way now? Maybe there is huge news which will really spike the price and Mike just royally screwed DF. Wouldn't that be assume. I don’t know why Mnkd purchased the warrants, not a clue. Willie we are on the same team but I have no confidence in anything MC says or does to many strikeouts at this point.
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Post by lennymnkd on Jul 18, 2019 17:24:56 GMT -5
Remember on the call he made a point how long it took THE UTHR DEAL to come together/ almost hinting to be patient .. 🤞
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Post by ktim on Jul 19, 2019 11:00:08 GMT -5
Remember on the call he made a point how long it took THE UTHR DEAL to come together/ almost hinting to be patient .. 🤞 Not taking a raise at this point would have been a nice example in being patient, if he believes in that strategy. But, glad to know he thinks we should be. Actually, I think he's outright said we should be patient, no hint interpretation necessary. At this point asking for patience, hinted or otherwise, needs to be accompanied by some candid discussion about where we are and where we're going.
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Post by agedhippie on Jul 19, 2019 14:13:42 GMT -5
Sayhey24 do you want to reconsider this post. There are now less than two weeks remaining in July. If there was a deal that could raise SP to be announced this month why would MC dilute at $1.04 now. The two recent announcements were a weak attempt to keep share price up before dilution. Two weeks is a long time. I will be patient. Mike said July but Labor day would be OK. Why would MNKD pay 13cents for $1.60 warrants is my question? If your assumption that the share price is doomed is correct why wouldn't Mike just let the warrants expire worthless unless he wanted DF out of the way and needed them out of the way now? Maybe there is huge news which will really spike the price and Mike just royally screwed DF. Wouldn't that be assume. There is an assumption that Mike had a choice. Most likely Deerfield said buy the warrants or there is no deal.
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Post by markado on Jul 19, 2019 15:34:21 GMT -5
Two weeks is a long time. I will be patient. Mike said July but Labor day would be OK. Why would MNKD pay 13cents for $1.60 warrants is my question? If your assumption that the share price is doomed is correct why wouldn't Mike just let the warrants expire worthless unless he wanted DF out of the way and needed them out of the way now? Maybe there is huge news which will really spike the price and Mike just royally screwed DF. Wouldn't that be assume. There is an assumption that Mike had a choice. Most likely Deerfield said buy the warrants or there is no deal. I agree. That's more of what it looks like, but the optics are foggy.
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Post by dejude42 on Jul 19, 2019 15:35:40 GMT -5
Aged Maybe MC would clarify, "Did he have a choice or drive the bus?"
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Post by agedhippie on Jul 19, 2019 16:02:13 GMT -5
Aged Maybe MC would clarify, "Did he have a choice or drive the bus?" I doubt it. Certainly if I was him I wouldn't as the optics don't give an up side.
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Post by Clement on Jul 22, 2019 6:57:14 GMT -5
Does this tie in to their next milestone in any way with UTHR? I thought I heard Mike say something about them having to accomplish this in order to take their next step??? " United Therapeutics was one of the molecules that we announced last year with Treprostinil. We continue to have a very strong partnership and move together as we think about BluHale connected care and manufacturing facility capabilities. The next milestones related to United Therapeutics are things that we control." "I'm very proud to announce that during Q2 we started to build out the factory to make high-potency molecules, which establishes a new capability within MannKind. Additionally, BluHale continues to help integrate our platform with other pipeline molecules and Afrezza, as we think about how to get into connected care in the future." "The first milestone from United Therapeutics was paid. We expect the second milestone in the second half of 2019, of $12.5 million as we complete the build-out of our factory." "From our perspective, we receive our GMP certificate from our factory, which enables us to ship product to Brazil. And we've done shipping stability studies to know that it will be safe and consistent throughout the transportation process. We have additional pursuit of more international agreements and we continue to complete formulation work for an unnamed compound for United Therapeutics. So overall, when we think about the future, we continue to see Technosphere platform in the pipeline, as I'll give you some updates during Q2, to focus the pipeline on things that we believe will make a difference in patients." IMHO, this completion might trigger not only a milestone but also recognition of collaborative services revenues which were previously received but not recognized. Recognition does not help with cash but it helps with profitability.
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