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Post by agedhippie on Aug 16, 2019 17:43:57 GMT -5
If you haven't noticed MARKADO....ALL OF THEIR STOCK OPTIONS ARE UNDERWATER. They are WORTHLESS. So I dob't know where you're getting they are Multi Millionaire. Now the best scenario for the "C-Suite" is to get the stock price up so they can earn those Multi Millions. right??? Mike has turned this company around and patience is required. Now we all made the mistake of buying too soon.....so we all have to dig deep and wait. The best bet for the C-Suite would be to sell the company to invoke the change of control clause and trigger their golden parachutes. Those employment contracts make interesting reading. |
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bkdmd
Researcher
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Post by bkdmd on Aug 16, 2019 18:14:31 GMT -5
Actions speak louder than words. MC is an empty suit. I believe he has no character because he willingly took a raise from a company that has a market cap in the toilet. I believe he doesn't care about shareholders. I believe MC's number one priority is himself. If MC believed if anyone else in management believed that they were up to the task of turning this company around, they would be buyers on the open market. They are not. That is all you need to know. He can say whatever he wants. I believe he is immature, has the entitlement mentality, and in over his head. And MC believes that too or his actions would be different. Do we have a MIKE K. CLONE? Go back and listen and watch the CC from last week. All of your questions will be answered as to what Mike & MGMT have been up to. Please don't waste your time writing about STUPID SHIT.....Your time is more valuable than that. The best predictor of the future is the past. Would you say MC has accomplished what he has set out to accomplish? How did it work out for us in 2018 when he said we were not going to be diluted any more? |
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Post by lifebreath on Aug 16, 2019 18:23:55 GMT -5
Some misleading information on this thread. Enjoying a Friday beer at a local brewery so not going to get too into it. Matt posted MC’s income for 2018 very misleading, to be clear form 14a filed March 28 2019 list MC compensation total as $1,581,741.
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Post by prcgorman2 on Aug 16, 2019 19:06:28 GMT -5
Not misleading. READ what Matt told you. Those options are worth $0 until they can be converted and they're currently underwater and may remain that way and expire worthless. By far most of the options I received from my own company expired worthless. And it is an exaggeration to call it a multi-million dollar salary because it isn't salary, it's salary + options. Enjoy your beer. Have 2, it's been a tough week for investors.
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Post by markado on Aug 16, 2019 19:15:56 GMT -5
Well, actual investor, I'm pretty certain the stated compensation for each member of our C-suite, plus several VP's is at or above $1m per year, all-in, including options. And, as a holder of multiple 10's of thousands of shares, myself, I have every right to ask this of our executives. So, I will not "go away." I believe in MNKD. I believe in the growth opportunities presented by Technosphere and the molecules we're pursuing. I believe the MGMT team is making progress and needs to make more. I also believe the MGMT team can demonstrate their belief in their future success more overtly, so the market can entertain greater belief in the same, also. The question is, what do you believe in? If you haven't noticed MARKADO....ALL OF THEIR STOCK OPTIONS ARE UNDERWATER. They are WORTHLESS. So I dob't know where you're getting they are Multi Millionaire. Now the best scenario for the "C-Suite" is to get the stock price up so they can earn those Multi Millions. right??? Mike has turned this company around and patience is required. Now we all made the mistake of buying too soon.....so we all have to dig deep and wait. And, when do those options expire? Wouldn't it be prudent to do all in one's power to ensure the options don't expire worthless? Let's not get caught in the weeds on this. Our mgmt team can do all the "right" things and still not elicit confidence from the market, unless they take bold steps worth talking about. Couple that with a short stranglehold, and you end up with hope and patience as your strategy versus actions begetting breakouts. Putting skin in the game means they have fire and fight within. |
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Post by lakers on Aug 16, 2019 19:37:57 GMT -5
There have been lots of buying via ESPP, RSU, Open market. Except for RSU, they lost a lot of money. www.reuters.com/finance/stocks/insider-trading/MNKD.OChief People & Workplace Officer Stuart Tross for US$100k worth of shares, at about US$2.52 per share. Kent, CoB bought 166,600 shrs at $6 each. MC bought on the open market several times. All Insider Trades Trading Date Name Title Type Shares Traded Price 30 Jul 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $0.95 30 Jul 2019 Tross Stuart A Officer Buy 5,000 $0.95 30 Jul 2019 Kendall (David M) Officer Buy 5,000 $0.95 30 Jul 2019 Barton (Courtney) Officer Buy 4,011 $0.95 30 Jul 2019 Binder (Steven B) Chief Financial Officer Buy 2,139 $0.95 30 Jul 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $0.95 19 Feb 2019 Ingram (Elizabeth Garrett) Officer Buy 11,871 $0.00 19 Feb 2019 Tross Stuart A Officer Buy 36,745 $0.00 19 Feb 2019 Thomson (David B) General Counsel Buy 43,616 $0.00 19 Feb 2019 Kocinsky (Joseph) Chief Technology Officer Buy 38,507 $0.00 19 Feb 2019 Barton (Courtney) Officer Buy 12,584 $0.00 19 Feb 2019 McCauley (Patrick J.D.) Officer Buy 40,268 $0.00 19 Feb 2019 Binder (Steven B) Chief Financial Officer Buy 40,268 $0.00 19 Feb 2019 Castagna (Michael E) Chief Executive Officer Buy 60,403 $0.00 30 Jan 2019 Tross Stuart A Officer Buy 5,000 $1.07 30 Jan 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $1.07 30 Jan 2019 Kendall (David M) Officer Buy 5,000 $1.07 30 Jan 2019 Barton (Courtney) Officer Buy 5,000 $1.07 30 Jan 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $1.07 30 Jan 2019 Binder (Steven B) Chief Financial Officer Buy 1,860 $1.07 30 Jan 2019 Ingram (Elizabeth Garrett) Officer Buy 5,000 $1.07 22 Dec 2018 Tross Stuart A Officer Sell 2,044 $1.09 13 Nov 2018 McCauley (Patrick J.D.) Officer Buy 14,124 $1.77 13 Nov 2018 Castagna (Michael E) Chief Executive Officer Buy 25,000 $1.77 13 Nov 2018 Kendall (David M) Officer Buy 2,824 $1.77 Trades Trading Date Name Title Type Shares Traded Price 13 Nov 2018 McCauley (Patrick J.D.) Officer Buy 14,124 $1.77 27 Aug 2018 Thomson (David B) General Counsel Sell 278 $1.12 20 Aug 2018 Thomson (David B) General Counsel Sell 167 $1.11 1 Aug 2018 Binder (Steven B) Chief Financial Officer Buy 1,760 $1.31 1 Aug 2018 Castagna (Michael E) Chief Executive Officer Buy 5,000 $1.31 1 Aug 2018 McCauley (Patrick J.D.) Officer Buy 5,000 $1.31 1 Aug 2018 Barton (Courtney) Officer Buy 5,000 $1.31 1 Aug 2018 Tross Stuart A Officer Buy 5,000 $1.31 13 Jun 2018 Kresa (Kent) Director Buy 41,666 $1.92 13 Jun 2018 Consiglio (Ronald Joseph) Director Buy 50,000 $1.92 13 Jun 2018 McCauley (Patrick J.D.) Officer Buy 26,041 $1.92 13 Jun 2018 Ingram (Elizabeth Garrett) Officer Buy 26,041 $1.92 13 Jun 2018 Castagna (Michael E) Chief Executive Officer Buy 15,625 $1.92 27 Feb 2018 Alinaya (Rosabel Realica) Officer Sell 1,002 $2.76 30 Dec 2017 Barton (Courtney) Officer Buy 2,000 $1.20 20 Dec 2017 Tross Stuart A Officer Buy 39,840 $2.52 19 Dec 2017 Castagna (Michael E) Chief Executive Officer Buy 6,500 $2.29 19 Dec 2017 Castagna (Michael E) Chief Executive Officer Buy 1,500 $2.28 12 Oct 2017 Kresa (Kent) Director Buy 166,600 $6.00 27 Aug 2017 Kocinsky (Joseph) Chief Technology Officer Sell 353 $1.55 27 Aug 2017 Pfeffer (Matthew Jonathan CPA) Director Sell 303 $1.55 27 Aug 2017 Alinaya (Rosabel Realica) Officer Sell 243 $1.55 27 Aug 2017 Thomson (David B) General Counsel Sell 303 $1.55 21 Aug 2017 Pfeffer (Matthew Jonathan CPA) Director Sell 170 $1.41 21 Aug 2017 Kocinsky (Joseph) Chief Technology Officer Sell 229 $1.41 |
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Post by lifebreath on Aug 16, 2019 20:29:29 GMT -5
Not misleading. READ what Matt told you. Those options are worth $0 until they can be converted and they're currently underwater and may remain that way and expire worthless. By far most of the options I received from my own company expired worthless. And it is an exaggeration to call it a multi-million dollar salary because it isn't salary, it's salary + options. Enjoy your beer. Have 2, it's been a tough week for investors. You and Matt are absolutely Wrong go back and read the form 14 A it gives the break down of his compensation. FYI had 1 and 1/2 thanks |
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Post by nylefty on Aug 17, 2019 0:06:09 GMT -5
Not misleading. READ what Matt told you. Those options are worth $0 until they can be converted and they're currently underwater and may remain that way and expire worthless. By far most of the options I received from my own company expired worthless. And it is an exaggeration to call it a multi-million dollar salary because it isn't salary, it's salary + options. Enjoy your beer. Have 2, it's been a tough week for investors. You and Matt are absolutely Wrong go back and read the form 14 A it gives the break down of his compensation. FYI had 1 and 1/2 thanks Huh? I did look at the 14A and Matt was essentially correct. MC received $675,701 before taxes and some options which have been worthless so far.  |
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Post by wgreystone on Aug 17, 2019 0:21:00 GMT -5
With so many shares in option grants, they dont have much motivation to buy from the open market. Their upside potential is fully protected.
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Post by brotherm1 on Aug 17, 2019 0:21:14 GMT -5
Even 1/2 of that after tax base pay is a whole lot of cabbage. Especially compared to my original investment 3 years 5 mos ago that is now worth 1/3 of the original equity investment. To this Matt dude, money might grow on trees, but for me and probably he majority of the investors - which are retail - it does not.
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Post by brotherm1 on Aug 17, 2019 0:23:33 GMT -5
Even 1/2 of that after tax base pay is a whole lot of cabbage. Especially compared to my original investment 3 years 5 mos ago that is now worth 1/3 of the original equity investment. To this Matt dude, money might grow on trees, but for me and probably he majority of the investors - which are retail - it does not. Where's my raise from my investment? |
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Post by seanismorris on Aug 17, 2019 2:31:06 GMT -5
There have been lots of buying via ESPP, RSU, Open market. Except for RSU, they lost a lot of money. www.reuters.com/finance/stocks/insider-trading/MNKD.OChief People & Workplace Officer Stuart Tross for US$100k worth of shares, at about US$2.52 per share. Kent, CoB bought 166,600 shrs at $6 each. MC bought on the open market several times. All Insider Trades Trading Date Name Title Type Shares Traded Price 30 Jul 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $0.95 30 Jul 2019 Tross Stuart A Officer Buy 5,000 $0.95 30 Jul 2019 Kendall (David M) Officer Buy 5,000 $0.95 30 Jul 2019 Barton (Courtney) Officer Buy 4,011 $0.95 30 Jul 2019 Binder (Steven B) Chief Financial Officer Buy 2,139 $0.95 30 Jul 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $0.95 That’s a lot of pretty numbers, unfortunately they probably don’t represent what you think it does... NASDAQ 07/30/2019 1.1 1.13 1.0886 1.12 1,665,465 MNKD was never 0.95 7/30... the low was 1.0886 |
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Post by boca1girl on Aug 17, 2019 9:13:53 GMT -5
There have been lots of buying via ESPP, RSU, Open market. Except for RSU, they lost a lot of money. www.reuters.com/finance/stocks/insider-trading/MNKD.OChief People & Workplace Officer Stuart Tross for US$100k worth of shares, at about US$2.52 per share. Kent, CoB bought 166,600 shrs at $6 each. MC bought on the open market several times. All Insider Trades Trading Date Name Title Type Shares Traded Price 30 Jul 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $0.95 30 Jul 2019 Tross Stuart A Officer Buy 5,000 $0.95 30 Jul 2019 Kendall (David M) Officer Buy 5,000 $0.95 30 Jul 2019 Barton (Courtney) Officer Buy 4,011 $0.95 30 Jul 2019 Binder (Steven B) Chief Financial Officer Buy 2,139 $0.95 30 Jul 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $0.95 19 Feb 2019 Ingram (Elizabeth Garrett) Officer Buy 11,871 $0.00 19 Feb 2019 Tross Stuart A Officer Buy 36,745 $0.00 19 Feb 2019 Thomson (David B) General Counsel Buy 43,616 $0.00 19 Feb 2019 Kocinsky (Joseph) Chief Technology Officer Buy 38,507 $0.00 19 Feb 2019 Barton (Courtney) Officer Buy 12,584 $0.00 19 Feb 2019 McCauley (Patrick J.D.) Officer Buy 40,268 $0.00 19 Feb 2019 Binder (Steven B) Chief Financial Officer Buy 40,268 $0.00 19 Feb 2019 Castagna (Michael E) Chief Executive Officer Buy 60,403 $0.00 30 Jan 2019 Tross Stuart A Officer Buy 5,000 $1.07 30 Jan 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $1.07 30 Jan 2019 Kendall (David M) Officer Buy 5,000 $1.07 30 Jan 2019 Barton (Courtney) Officer Buy 5,000 $1.07 30 Jan 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $1.07 30 Jan 2019 Binder (Steven B) Chief Financial Officer Buy 1,860 $1.07 30 Jan 2019 Ingram (Elizabeth Garrett) Officer Buy 5,000 $1.07 22 Dec 2018 Tross Stuart A Officer Sell 2,044 $1.09 13 Nov 2018 McCauley (Patrick J.D.) Officer Buy 14,124 $1.77 13 Nov 2018 Castagna (Michael E) Chief Executive Officer Buy 25,000 $1.77 13 Nov 2018 Kendall (David M) Officer Buy 2,824 $1.77 Trades Trading Date Name Title Type Shares Traded Price 13 Nov 2018 McCauley (Patrick J.D.) Officer Buy 14,124 $1.77 27 Aug 2018 Thomson (David B) General Counsel Sell 278 $1.12 20 Aug 2018 Thomson (David B) General Counsel Sell 167 $1.11 1 Aug 2018 Binder (Steven B) Chief Financial Officer Buy 1,760 $1.31 1 Aug 2018 Castagna (Michael E) Chief Executive Officer Buy 5,000 $1.31 1 Aug 2018 McCauley (Patrick J.D.) Officer Buy 5,000 $1.31 1 Aug 2018 Barton (Courtney) Officer Buy 5,000 $1.31 1 Aug 2018 Tross Stuart A Officer Buy 5,000 $1.31 13 Jun 2018 Kresa (Kent) Director Buy 41,666 $1.92 13 Jun 2018 Consiglio (Ronald Joseph) Director Buy 50,000 $1.92 13 Jun 2018 McCauley (Patrick J.D.) Officer Buy 26,041 $1.92 13 Jun 2018 Ingram (Elizabeth Garrett) Officer Buy 26,041 $1.92 13 Jun 2018 Castagna (Michael E) Chief Executive Officer Buy 15,625 $1.92 27 Feb 2018 Alinaya (Rosabel Realica) Officer Sell 1,002 $2.76 30 Dec 2017 Barton (Courtney) Officer Buy 2,000 $1.20 20 Dec 2017 Tross Stuart A Officer Buy 39,840 $2.52 19 Dec 2017 Castagna (Michael E) Chief Executive Officer Buy 6,500 $2.29 19 Dec 2017 Castagna (Michael E) Chief Executive Officer Buy 1,500 $2.28 12 Oct 2017 Kresa (Kent) Director Buy 166,600 $6.00 27 Aug 2017 Kocinsky (Joseph) Chief Technology Officer Sell 353 $1.55 27 Aug 2017 Pfeffer (Matthew Jonathan CPA) Director Sell 303 $1.55 27 Aug 2017 Alinaya (Rosabel Realica) Officer Sell 243 $1.55 27 Aug 2017 Thomson (David B) General Counsel Sell 303 $1.55 21 Aug 2017 Pfeffer (Matthew Jonathan CPA) Director Sell 170 $1.41 21 Aug 2017 Kocinsky (Joseph) Chief Technology Officer Sell 229 $1.41 Only the open market buys mean anything to me. The Employee Stock Purchase Plan buys are small (and maybe maxed out at 5k shares) and RSUs and options are freebies. Giving those freebies are definitely an incentive, but giving them to freely, is a diensentive too open market purchases. It’s a balancing act. |
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Post by prcgorman2 on Aug 17, 2019 10:07:16 GMT -5
Not misleading. READ what Matt told you. Those options are worth $0 until they can be converted and they're currently underwater and may remain that way and expire worthless. By far most of the options I received from my own company expired worthless. And it is an exaggeration to call it a multi-million dollar salary because it isn't salary, it's salary + options. Enjoy your beer. Have 2, it's been a tough week for investors. You and Matt are absolutely Wrong go back and read the form 14 A it gives the break down of his compensation. FYI had 1 and 1/2 thanks I envy you. Current medical condition has curtailed my beer intake almost all together. You may have heard, but I’ll share Benjamin Franklin famously said, “Beer is proof that God loves us, and wants us to be happy.” Cheers! |
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Post by lakers on Aug 17, 2019 12:03:29 GMT -5
There have been lots of buying via ESPP, RSU, Open market. Except for RSU, they lost a lot of money. www.reuters.com/finance/stocks/insider-trading/MNKD.OChief People & Workplace Officer Stuart Tross for US$100k worth of shares, at about US$2.52 per share. Kent, CoB bought 166,600 shrs at $6 each. MC bought on the open market several times. All Insider Trades Trading Date Name Title Type Shares Traded Price 30 Jul 2019 McCauley (Patrick J.D.) Officer Buy 5,000 $0.95 30 Jul 2019 Tross Stuart A Officer Buy 5,000 $0.95 30 Jul 2019 Kendall (David M) Officer Buy 5,000 $0.95 30 Jul 2019 Barton (Courtney) Officer Buy 4,011 $0.95 30 Jul 2019 Binder (Steven B) Chief Financial Officer Buy 2,139 $0.95 30 Jul 2019 Castagna (Michael E) Chief Executive Officer Buy 5,000 $0.95 That’s a lot of pretty numbers, unfortunately they probably don’t represent what you think it does... NASDAQ 07/30/2019 1.1 1.13 1.0886 1.12 1,665,465 MNKD was never 0.95 7/30... the low was 1.0886 Those were ESPP bought at 15% discount from The lower of the beginning and the end of the 6 mo offering period. That is $1.12*.85=$.95. They haven’t sold yet. Otherwise, they would have been reported. They paid out of pocket with hard earned money. That means they believed sp might appreciate. Buying at $0 means exercising RSU. One needs to check whether they exercise and hold or exercise and sell the same day. You can partially guess sp direction from exec and BoD action. Of course, they guessed wrong several times. Heard Sports set stop at $.95 😇 Outside of 7/30, 8/1, 1/30 buys (ESPP) and $0 buys (RSU) are over the counter buys. As you can see Kent, Stuart, MC, lost their Tesla, or farms on paper. I admired Kent for buying 166,600 shrs at $6 on 10/12/17. Since then, his holding was diluted beyond recognition. That’s true leadership. Someone posted SO’s four near term (Q3, Q4) potential catalysts In Mnkd on StockTwits thread. |
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