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Post by notamnkdmillionaire on Oct 2, 2014 8:53:39 GMT -5
Did you ask him if he's ever been in a turkish prison? Or if he's ever seen a grown man naked? Or if he likes movies about gladiators? Or if he ever hangs around gymnasiums?
Thanks in advance.
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Post by notamnkdmillionaire on Oct 2, 2014 8:55:29 GMT -5
Oh, the most important question I hope you asked him is, "Does the company enjoy bending their shareholders over and ****ing them in the rear?
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Post by pmikeks on Oct 2, 2014 8:59:37 GMT -5
I doubt Matt is talking to anybody! Al probably told him "if you're going to be an idiot, be a quiet one"!!!
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Post by notamnkdmillionaire on Oct 2, 2014 9:04:45 GMT -5
Outside of the financials and accounting, the only thing Matt is good at is correcting Al when he misspeaks.
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Post by novafett on Oct 2, 2014 9:05:51 GMT -5
This is a strange thread...
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Post by obamayoumama on Oct 2, 2014 9:21:29 GMT -5
Has Al Mann loaned his shares out? No, not his personal shares, but part of the convertible offerring Merrill is able to lend out 9 million shares.
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Post by als57 on Oct 2, 2014 9:26:53 GMT -5
After reading about the conversation you "had" with Matt, I find it suspect.
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Post by thekindaguyiyam on Oct 2, 2014 9:44:40 GMT -5
Excuse me; but this seems like a game to me. If Matt provided you with information and you want to play 50 questions I'm not your guy because credibility requires me knowing that you are a straight shooter... here it looks like you are seeking attention and to this cynic I wonder if you had the conversation in the first place. So if you have something to say say it. Otherwise have a great day.
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Post by mdcenter61 on Oct 2, 2014 9:50:00 GMT -5
Excuse me; but this seems like a game to me. If Matt provided you with information and you want to play 50 questions I'm not your guy because credibility requires me knowing that you are a straight shooter... here it looks like you are seeking attention and to this cynic I wonder if you had the conversation in the first place. So if you have something to say say it. Otherwise have a great day. +1. Watching this stock price the last three months really has shut down my tolerance for "games". I also believe Matt has better things to do that to play IR director, but seems to be par for that particular management group known as "McMann's Navy"
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Post by jurystillout on Oct 2, 2014 9:56:06 GMT -5
I can't believe that this is the format that I have to try and get information about a company that has a significant amount of my money, nothing personal to anyone we're all stuck in the same boat however an internet message board is not the most reliable source of information. But here goes: 1. Speaking of Milestones, are these Milestones achievable without intervention from SNY, can these be achieved if SNY does not make sales? In other words if SNY does not aggressively promote this product and sales are minimal will Mannkind be able to achieve the Milestones without the volume of sales?
2. AF has been 10+ years in the making, billions of dollars (yours and mine) have been spent to bring it to a point of marketing, the total future of this company has been turned over to SNY to finish the job. To risk all of what I had just mentioned on the word of a partner is very scary, there must be a section of the contract that shows a commitment from SNY to perform, Sales volume, order volume, committed marketing dollars... something, anything.
3. Will Mannkind utilize the loan that was just announced? If yes, the loan is to be paid back out of the 35% of profits from sales however there is an 8.5% interest on this loan, if there are not sufficient sales to pay off this loan the accumulation of interest could be significant and the sales are dependent on SNY. This sounds a little like coal miners borrowing from the company store, what provisions have been put in place to protect Mannkind from borrowing this money and not being able to pay it back due to SNY's lack of sales effort?
I have many more questions however these three are questions that do not present any useful information to competitors or put either MNKD or SNY at any risk and should be able to be answered.
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Post by dreamboatcruise on Oct 2, 2014 10:43:40 GMT -5
I guess for me, the bottom line is that I'm glad you had a nice chat with Matt, but it seems like a lot of effort posing queries when we know that securities laws prevent Matt from telling you any material information that has not been previously released to the public.
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Post by obamayoumama on Oct 2, 2014 11:06:28 GMT -5
I can't believe that this is the format that I have to try and get information about a company that has a significant amount of my money, nothing personal to anyone we're all stuck in the same boat however an internet message board is not the most reliable source of information. But here goes: 1. Speaking of Milestones, are these Milestones achievable without intervention from SNY, can these be achieved if SNY does not make sales? In other words if SNY does not aggressively promote this product and sales are minimal will Mannkind be able to achieve the Milestones without the volume of sales? 2. AF has been 10+ years in the making, billions of dollars (yours and mine) have been spent to bring it to a point of marketing, the total future of this company has been turned over to SNY to finish the job. To risk all of what I had just mentioned on the word of a partner is very scary, there must be a section of the contract that shows a commitment from SNY to perform, Sales volume, order volume, committed marketing dollars... something, anything. 3. Will Mannkind utilize the loan that was just announced? If yes, the loan is to be paid back out of the 35% of profits from sales however there is an 8.5% interest on this loan, if there are not sufficient sales to pay off this loan the accumulation of interest could be significant and the sales are dependent on SNY. This sounds a little like coal miners borrowing from the company store, what provisions have been put in place to protect Mannkind from borrowing this money and not being able to pay it back due to SNY's lack of sales effort? I have many more questions however these three are questions that do not present any useful information to competitors or put either MNKD or SNY at any risk and should be able to be answered.
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Post by obamayoumama on Oct 2, 2014 11:17:31 GMT -5
1. Yes there are hurdles that MNKD can achieve without SNY, Matt in one of the conference calls talked about getting the equipment certified. SNY didn't go into this agreement not to make sales. There are many mutually agreed terms regarding the efforts SNY will make towards sales. 2. Yes there are commitments we heard that on a previous conference call. 3. We spoke about the loan and the size of the loan. Matt made it clear that the $175 million was much more than they will ever need. He didn't mention an exact number but said that if you knew him, you would know that the $175 million was much more thanks projected to need.
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Post by obamayoumama on Oct 2, 2014 11:37:12 GMT -5
Excuse me; but this seems like a game to me. If Matt provided you with information and you want to play 50 questions I'm not your guy because credibility requires me knowing that you are a straight shooter... here it looks like you are seeking attention and to this cynic I wonder if you had the conversation in the first place. So if you have something to say say it. Otherwise have a great day. I thought it would be easier if I knew the question you wanted to know and I too, as an investor, asked. Let's start with accounting and revenue recognition. The milestone payments are a form of earnings that will be accounted for in the period they are received. The upfront payment question is with the auditors and hasn't been decided how it will be recognized either in the third quarter or over a series of quarters. Since the contract has no end date that is where the question of how to account for. The question is in the auditors hands. I asked again how the COGS would work. The plant will be expensed into to COGS based on useful life of the plant. Same thing for the equipment. Since MNKD is in charge of the production, any new equipment will be needed to be paid for by MNKD and then expensed into to COGS. Asked about how long did he think it would take from the ordering of new equipment to going into production, and his best guess was about 6 months. Asked if they had started production and they can't yet. I asked why, and it is because of the HSR they couldn't collaborate and they need to get together with SNY and finish what will be on the boxes and how it will look. This was a detail that I hadn't thought about.
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Post by bradleysbest on Oct 2, 2014 11:55:13 GMT -5
When will advertising/marketing start & how will it be done?
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