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Post by mytakeonit on May 22, 2020 12:50:30 GMT -5
OH NO !!! What did Mike C do now? Where will I put all this cash ?!!!
And Baba is wearing a hat.
But, that's mytakeonit
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Post by peppy on May 22, 2020 12:50:40 GMT -5
I should get the transcript. I remember MIKE saying, MNKD had had a lot of telephone calls, regarding.....
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Post by peppy on May 22, 2020 12:51:55 GMT -5
OH NO !!! What did Mike C do now? Where will I put all this cash ?!!! And Baba is wearing a hat. But, that's mytakeonit heh, I had to look. Sports, funny honey.
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Post by sportsrancho on May 22, 2020 12:57:40 GMT -5
Baba is standing right behind my client Tom ...and his son Jake ( who is on Afrezza:-) is on the left. The guy in the striped shirt ...very positive member of Pro-Boards, but I can’t speak for him. Jake is on the right of you. I recognize Jake I thought Baba was the tallest man, holding a drink.... No
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Post by peppy on May 22, 2020 12:58:51 GMT -5
Jake is on the right of you. I recognize Jake I thought Baba was the tallest man, holding a drink.... No Pirate BABA?
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Post by lifebreath on May 22, 2020 13:00:34 GMT -5
Jake is on the right of you. I recognize Jake I thought Baba was the tallest man, holding a drink.... No So much optimism after that meeting. I remember feeling really good after leaving
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Post by mytakeonit on May 22, 2020 13:31:58 GMT -5
Looking at Tom and Jake ... does Afrezza have any growth hormones in it?
But, that's mytakeonit
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Post by mango on May 22, 2020 13:34:21 GMT -5
From StockTwits: "Don't forget that mnkd didn't "take" the $10M from MidCap because they failed to meet the paltry sales conditions. From 10Q page 7 dated May 6, 2020: : (1) $10.0 million was available to the Company until April 15, 2020, provided that the Company had achieved Afrezza net revenue of at least $30.0 million on a trailing twelve month basis by that date (which was not achieved)." I did not verify this statement, but it does raise the question of how MC phrased it, as a choice they made, v.s. the possibility they didn't have a choice because they didn't satisfy the covenants. I will check, but I am pretty certain that is incorrect as it was lowered in the revised agreement. Did you ever figure it out? Did MannKind qualify for Midcap Loan or not?
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Post by centralcoastinvestor on May 22, 2020 13:42:06 GMT -5
I'm seeing a bunch of folks who are much poorer than they used to be unless they had significant appreciation in other stocks. Finding Baba is easy but I want to know who that is with the drink. rut ro I thought it was Baba. Baba has a head of hair.... I hope that comment doesn’t imply that being follicly challenged mean that the person in the yellow striped shirt is less important that baba.
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Post by centralcoastinvestor on May 22, 2020 13:44:20 GMT -5
Who is who in this pic?. I recognize a few One of the people, Baba. Can you find baba? Where's Baba? That was a fun ASM to attend. I hope to attend one in person again. Great group of people.
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Post by peppy on May 22, 2020 13:46:03 GMT -5
rut ro I thought it was Baba. Baba has a head of hair.... I hope that comment doesn’t imply that being follicly challenged mean that the person in the yellow striped shirt is less important that baba. I happen to know the man in the yellow striped shirt is very important. Sports told me.
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Post by mytakeonit on May 22, 2020 14:10:17 GMT -5
I should have been there ... then peppy could have said, "I happen to know the short, asian guy in shorts and t-shirt isn't very important."
But, that's mytakeonit
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Post by goyocafe on May 22, 2020 14:44:16 GMT -5
I will check, but I am pretty certain that is incorrect as it was lowered in the revised agreement. Did you ever figure it out? Did MannKind qualify for Midcap Loan or not? mnkd.proboards.com/post/205724It sort of changes the narrative you can have with regards to MC’s outlook. Maybe not so much of “big things coming next week”. Not saying it can’t happen, but it shouldn’t be based on MC’s choice of words yesterday.
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Post by jay1ajay1a on May 22, 2020 16:57:36 GMT -5
I remember he got some for his wife. But if I remember right it was $30,000 for a wedding present. Not sure I think that is a lot.
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Post by agedhippie on May 22, 2020 17:11:42 GMT -5
I will check, but I am pretty certain that is incorrect as it was lowered in the revised agreement. Did you ever figure it out? Did MannKind qualify for Midcap Loan or not? From the original Credit Facility Schedule which defines the terms to draw down Tranche 2: In the amended agreement from December section 2 of the amendment defines the changes: The Tranche 2 conditions are unaltered and so remain at $30M trailing net revenue for the previous 12 months. I stand to be corrected, but it looks to me like Mannkind could not draw Tranche 2 since it missed the revenue target. Strictly Mike is right in that Mannkind didn't draw on the Tranche 2, he just forgot to mention that it wasn't an option.
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