|
|
Post by lifebreath on Aug 17, 2019 13:54:49 GMT -5
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! Sorry to hear. Ben Franklin one of the wisest of our founding fathers |
|
|
|
Post by lifebreath on Aug 18, 2019 11:11:37 GMT -5
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.  Doesn’t look like you did much reading of the 14a |
|
|
|
Post by Actual Investor on Aug 18, 2019 12:58:11 GMT -5
For those of us who "couldn't read the filing," please copy and paste the part that agrees with you and refutes reality.
|
|
|
|
Post by prcgorman2 on Aug 18, 2019 13:09:56 GMT -5
The way I read what was pasted, Dr. Castagna's annual total "compensation" decreased between 2016 and 2018. Ignoring options which have been and remain worthless, annual compensation is decidedly below $1M and certainly not over $2M by any construction. The definition of "multi-million dollar salaries" comes into question.
Each of the execs could by a $1M in MNKD stock and it won't budge the PPS and would only make the people demanding this behavior temporarily happy, if at all. I won't complain if the execs buy-in in a way that pleases the people who think this is a cardinal requirement of successful officers, but I am not taking my eye off the prize. The prize is the company needs to get to break-even which is a big picture holistic effort involving operations and finance and not riding on insider trades buying shares, or on retention or even sales of Afrezza.
|
|
bkdmd
Researcher
Posts: 79
|
Post by bkdmd on Aug 18, 2019 13:19:30 GMT -5
The way I read what was pasted, Dr. Castagna's annual total "compensation" decreased between 2016 and 2018. Ignoring options which have been and remain worthless, annual compensation is decidedly below $1M and certainly not over $2M by any construction. The definition of "multi-million dollar salaries" comes into question. Each of the execs could by a $1M in MNKD stock and it won't budge the PPS and would only make the people demanding this behavior temporarily happy, if at all. I won't complain if the execs buy-in in a way that pleases the people who think this is a cardinal requirement of successful officers, but I am not taking my eye off the prize. The prize is the company needs to get to break-even which is a big picture holistic effort involving operations and finance and not riding on insider trades buying shares, or on retention or even sales of Afrezza. Everything you said is correct. But actions speak so loud none of us can hear anything MC says at this point. There are two things that drive the price of stocks. Sentiment and fundamentals. Buying on the open market with your money when you are in management does go a long way to help change sentiment. If I were MC and iIf I believed in this company, I would sell all of my sports cars and buy all of the stock at these prices I could. The fact MC doesn't speaks volumes. It says it all really. |
|
|
|
Post by lakers on Aug 18, 2019 14:45:11 GMT -5
MC bought over the counter several times.
13 Nov 2018
Castagna (Michael E)
Chief Executive Officer Buy 25,000 $1.77
13 Jun 2018
Castagna (Michael E)
Chief Executive Officer Buy 15,625 $1.92
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
So did Kent.
13 Jun 2018
Kresa (Kent)
Director Buy 41,666 $1.92
12 Oct 2017
Kresa (Kent)
Director Buy 166,600 $6.00
I know some expect MC, Kent to buy 1 M share each. Pps won’t get passed and sustain above $1.6 until after Dec 27, 2019 due to 23.3M warrant shares ($37M) unless buying-in-phases happens. If at all, I suspect UT might want to wait until after Fri 12/27/19 to pull the trigger.
With the new recap, I want the $1.6 warrants expired worthless to mitigate dilution and grease the skid for buying-in.
Remember it could be argued that exec, BoD can’t buy now if they know some potentially future material info.
I’d rather they not buy over the counter in the next nine months. Of course, they can participate in ESPP.
|
|
|
|
Post by prcgorman2 on Aug 18, 2019 15:30:29 GMT -5
The way I read what was pasted, Dr. Castagna's annual total "compensation" decreased between 2016 and 2018. Ignoring options which have been and remain worthless, annual compensation is decidedly below $1M and certainly not over $2M by any construction. The definition of "multi-million dollar salaries" comes into question. Each of the execs could by a $1M in MNKD stock and it won't budge the PPS and would only make the people demanding this behavior temporarily happy, if at all. I won't complain if the execs buy-in in a way that pleases the people who think this is a cardinal requirement of successful officers, but I am not taking my eye off the prize. The prize is the company needs to get to break-even which is a big picture holistic effort involving operations and finance and not riding on insider trades buying shares, or on retention or even sales of Afrezza. Everything you said is correct. But actions speak so loud none of us can hear anything MC says at this point. There are two things that drive the price of stocks. Sentiment and fundamentals. Buying on the open market with your money when you are in management does go a long way to help change sentiment. If I were MC and iIf I believed in this company, I would sell all of my sports cars and buy all of the stock at these prices I could. The fact MC doesn't speaks volumes. It says it all really. What sports cars to the execs own? Are they new or antique? Or were you talking about your own sports cars? Kinda got lost there. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 18, 2019 16:32:58 GMT -5
MC bought over the counter several times. 13 Nov 2018 Castagna (Michael E) Chief Executive Officer Buy 25,000 $1.77 13 Jun 2018 Castagna (Michael E) Chief Executive Officer Buy 15,625 $1.92 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 So did Kent. 13 Jun 2018 Kresa (Kent) Director Buy 41,666 $1.92 12 Oct 2017 Kresa (Kent) Director Buy 166,600 $6.00 I know some expect MC, Kent to buy 1 M share each. Pps won’t get passed and sustain above $1.6 until after Dec 27, 2019 due to 23.3M warrant shares ($37M) unless buying-in-phases happens. If at all, I suspect UT might want to wait until after Fri 12/27/19 to pull the trigger. With the new recap, I want the $1.6 warrants expired worthless to mitigate dilution and grease the skid for buying-in. Remember it could be argued that exec, BoD can’t buy now if they know some potentially future material info. I’d rather they not buy over the counter in the next nine months. Of course, they can participate in ESPP. Mike's first open market stock purchase happened when he first arrived at MNKD back in 2015 or 2016 which was Pre-Split. |
|
|
|
Post by ryster505 on Aug 18, 2019 16:46:35 GMT -5
Hopefully there isn’t another RS on the way and that’s keeping management from buying...And no, I am not short whatsoever, I own quite a sizeable position long.
|
|
|
|
Post by sportsrancho on Aug 18, 2019 17:03:12 GMT -5
Hopefully there isn’t another RS on the way and that’s keeping management from buying...And no, I am not short whatsoever, I own quite a sizeable position long. I doubt it, but if they ask for a vote on it we will lose ..so jump out; wait till it happens, then wait till the stock loses between 50 and 60% then get back in. It’ll take a couple months for that trade to play out. Check NAVX |
|
|
|
Post by ktim on Aug 19, 2019 0:54:51 GMT -5
Hopefully there isn’t another RS on the way and that’s keeping management from buying...And no, I am not short whatsoever, I own quite a sizeable position long. I doubt it, but if they ask for a vote on it we will lose ..so jump out; wait till it happens, then wait till the stock loses between 50 and 60% then get back in. It’ll take a couple months for that trade to play out. Check NAVX Hmmm... some people voiced an opinion against the last approval of increased shares and were tarred and feathered here. Interesting how times, and opinions, change. |
|
|
|
Post by awesomo on Aug 19, 2019 3:27:25 GMT -5
I doubt it, but if they ask for a vote on it we will lose ..so jump out; wait till it happens, then wait till the stock loses between 50 and 60% then get back in. It’ll take a couple months for that trade to play out. Check NAVX Hmmm... some people voiced an opinion against the last approval of increased shares and were tarred and feathered here. Interesting how times, and opinions, change. Yeah well, things change when management lies to shareholders. The trust is gone. |
|
|
|
Post by sportsrancho on Aug 19, 2019 6:38:21 GMT -5
I doubt it, but if they ask for a vote on it we will lose ..so jump out; wait till it happens, then wait till the stock loses between 50 and 60% then get back in. It’ll take a couple months for that trade to play out. Check NAVX Hmmm... some people voiced an opinion against the last approval of increased shares and were tarred and feathered here. Interesting how times, and opinions, change. I remember distinctly I voted against it because it is not something they were doing out of strength, that is a lie, was a lie. And I believe I told someone publicly that it would be a good idea to sell half their shares and then come back in after the stock tanked down 50% which it did. |
|
|
|
Post by sportsrancho on Aug 19, 2019 6:39:55 GMT -5
Oh sorry, you were talking about voting no for more shares. I was talking about voting against the reverse split.
|
|
|
|
Post by esstan2001 on Aug 19, 2019 6:48:23 GMT -5
Oh sorry, you were talking about voting no for more shares. I was talking about voting against the reverse split. sports, you are simply up too early
:-) |
|
