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Post by ktim on Aug 21, 2019 8:27:00 GMT -5
A large shipment of a perishable drug requiring refrigeration was legitimately booked for transit when an application for approval in the destination country had not been filed and the drug's manufacturer had struck no deal with a distributor? Sorry, but if that is part of the overall story VDex is telling it makes me disbelieve it. That doesn't pass the smell test... never did. If that's the way things are done we would have seen an order shipped to Brazil two years ago. I don’t think it was a scheduled delivery, could be wrong.. I think it was the shipping company that was legitimate it would have to be pulled back up and looked at again. Someone posted something like a bill of lading that had a shipment date on it, as I remember. I believe someone else pointed out that anyone could go to that shipper's online site, book an order creating that and then cancel the order. |
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Post by sweedee79 on Aug 21, 2019 8:58:00 GMT -5
Someone talked about a dossier.. and there are people who know the truth..If someone wanted to bring this to light I'm sure they could..
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Post by sportsrancho on Aug 21, 2019 9:52:37 GMT -5
A large shipment of a perishable drug requiring refrigeration was legitimately booked for transit when an application for approval in the destination country had not been filed and the drug's manufacturer had struck no deal with a distributor? Sorry, but if that is part of the overall story VDex is telling it makes me disbelieve it. That doesn't pass the smell test... never did. If that's the way things are done we would have seen an order shipped to Brazil two years ago. This has nothing to do with anything Vdex is saying...their best guess at the time was it was just Mannkind checking on prices. |
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Post by ktim on Aug 21, 2019 10:18:58 GMT -5
This has nothing to do with anything Vdex is saying...their best guess at the time was it was just Mannkind checking on prices. I personally think it was someone trying to manipulate... and I'm not accusing VDex of being connected to them. I really can't imagine ocean transit being used for initial shipments of a perishable drug, or even when larger quantities are required. Plus I don't think creating a fake order with Afrezza prominently listed would be the way MNKD would choose to get a quote about a potentially material, though as yet non-public event. Just saying, that one smelled of the ocean from the very beginning. On the rest of the UAE story, I don't have enough verifiable info to take a stand one side or the other. It sounds odd, but in my career I have seen some odd things occur, and I have only very limited dealings in the ME. I'd be curious to know the real and complete story, but I'd give that little chance of happening. Given that I tend to give benefit of the doubt to all, the most benign guess as to what happened might be that Mike and Bill's views on who legitimate partners are might be quite different. Mike may think a legitimate partner would have to be someone with prior drug marketing experience whereas Bill (based on his background) might think someone successful in other business with resources might be legitimate even without prior drug marketing experience. A legitimate dispute over legitimacy, so to speak. |
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Post by mnholdem on Aug 21, 2019 10:51:13 GMT -5
So not that it matters now, just curious: was that large shipment of Afrezza a poster at the time had discovered and posted of a scheduled delivery by a shipping company to the UAE - and which caused a large jump in share price - actually legitimate? Yes Technically it wasn’t a shipment, it was a quote but it was legitimate. I followed the breadcrumbs provided and located the document at the shipping company’s website. |
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Post by brotherm1 on Aug 21, 2019 11:11:11 GMT -5
Can’t help but to keep thinking what all crushed the UAE possible deal. Though a comment sticks in my head: “Our contacts ARE “first rate” and associated with every major medical establishment in the region including the Imperial College London Diabetes Centre (which sees approximately 60% of the PWD in the region) Where we were introduced and conducted a real-time demonstration with a T1, Afrezza and CGM for the Medical Director and other top brass) also the $2.5B Cleveland Clinic Abu Dhabi where we were to immediately begin a 5,000 - 10,000 patient study designed by VDEX/Head of Endocrinology and we likely would have asked for input from MNKD as well. Oh well. “ I believe If I were COO, I would certainly want my company to at least have input into such a large study of our product. Read more: mnkd.proboards.com/thread/11436/mc-team-show-belief?page=6#ixzz5xE0eP8cs |
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Post by theebavarian on Aug 21, 2019 11:40:10 GMT -5
Technically it wasn’t a shipment, it was a quote but it was legitimate. I followed the breadcrumbs provided and located the document at the shipping company’s website. Can you verify and/or provide who was requesting the quote? |
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Post by mnholdem on Aug 21, 2019 11:55:02 GMT -5
No. I no longer even remember the name of the freight company.
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Post by letitride on Aug 21, 2019 14:52:28 GMT -5
After scuttling that deal did Mannkind have to pay to dump that 21000 pounds as bio waste. Somewhat surprised we had that much product manufactured at that point in time
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Post by apidistra on Aug 21, 2019 15:21:49 GMT -5
I had forgotten that Dr. Kendall was in at $6.
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Post by boca1girl on Aug 21, 2019 15:30:16 GMT -5
I had forgotten that Dr. Kendall was in at $6. I think you mean the Chairman of the board. |
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Post by mnholdem on Aug 21, 2019 15:38:14 GMT -5
After scuttling that deal did Mannkind have to pay to dump that 21000 pounds as bio waste. Somewhat surprised we had that much product manufactured at that point in time I pointed out earlier that document was a shipping quote only. There was never a shipment and it wouldn’t have happened until a deal was signed and the ME clinical trial started enrollment. Production would not have been ramped up for the same reasons. |
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Post by cretin11 on Aug 21, 2019 16:43:01 GMT -5
I believe Mike replaced Matt because the BOD needed a leader to run MNKD not a great CFO. That a Dubai deal got scuttled for whatever reason is the nature of business. That people with personal financial interest in that deal lost out to bad so sad. Seems like all of us longs had personal financial interest in that deal happening. Too bad so sad indeed. |
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Post by apidistra on Aug 21, 2019 16:44:24 GMT -5
Yes, my error, ChBd.
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Post by porkini on Aug 21, 2019 16:53:07 GMT -5
After scuttling that deal did Mannkind have to pay to dump that 21000 pounds as bio waste. Somewhat surprised we had that much product manufactured at that point in time They tried to scuttle it but found that it floated!  mnkd.proboards.com/post/106380/thread |
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