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Post by lakers on Nov 9, 2015 17:47:07 GMT -5
Please do not lock this thread which is created b/c the following thread was locked. 3Q15 ER Mon 11/9/15; BoD to convene Nov 2nd half to decide created Oct 29, 2015 at 1:43pm mnkd.proboards.com/thread/3875/3q15-mon-convene-half-decide?page=5Hakan 3Q15 CC 11/9/15: Negotiating with many for TS partnership- Will have partner by end of year The 50M Mnkd Shares TASE index funds got is such a sweet deal. Al'd rather offer to them than Sny. He really plays hard ball w/ Sny who must be really stingy. |
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Post by purge on Nov 9, 2015 17:54:14 GMT -5
At this point, does anyone here really believe management has any credibility?
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Post by dreamboatcruise on Nov 9, 2015 17:55:42 GMT -5
Too bad they couldn't have delayed the listing on TASE until they could time the required index purchase with the announcement of a partnership... under the assumption the latter will positively affect share price. purge... they have gotten hammered this past year for lack of guidance on timing of things like TS, so I don't see why they would lack credibility regarding that when they do say something. Obviously it isn't a done deal, but I'd assume it is highly likely given they spoke about it. |
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Post by purge on Nov 9, 2015 17:57:52 GMT -5
What would management do any different if they were out to hose long term shareholder? Could they have screwed this up more since the green light from the FDA if they had tried?
I am seriously asking?
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Post by esstan2001 on Nov 9, 2015 17:58:38 GMT -5
they really aughta nail a TS deal that BoD...
these poorly handled calls are wearing when the numbers are not going so well- I'd like them much better with some sales please!
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Post by dreamboatcruise on Nov 9, 2015 17:59:36 GMT -5
purge... don't expect a serious answer to a meaningless rant.
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Post by purge on Nov 9, 2015 18:02:38 GMT -5
It is a serious question.
Does anyone really honestly believe management has any real credibility?
What would they have done different if they were trying to screw things up? Are they really this incompetent? |
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Post by jimo on Nov 9, 2015 18:06:30 GMT -5
Hakan opened his part begging for a partner - they will have a field day with that one.
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Post by lakers on Nov 9, 2015 18:07:10 GMT -5
Too bad they couldn't have delayed the listing on TASE until they could time the required index purchase with the announcement of a partnership... under the assumption the latter will positively affect share price. Matt said months ago, Mnkd may have enough cash to pay off the Notes. At that time, he must have thought the TS partner(s) would be found before 8/15/15. Well Mnkd didn't get the first two desirable cards while the shorts were stepping up the attack. Mnkd then extended the Notes conversion for more time hoping the TS partnering would be inked before the second deadline. The floor price in the first deal was $4.64. The negotiation was drug out apparently. Mnkd tried to time the partnering but it got the wrong cards dealt. Mnkd ended up having to play the cards they were dealt. Al could have allowed Sny to Buy-In 10% at much higher price than $2.50/sh. Mnkd kept getting the wrong cards dealt. Ostensibly, Mnkd was willing to wait till the TS partner pays the right Licensing upfront fee plus royalty even at the expense of 12-14% dilution at fire sale price of $2.50/sh. Time will tell if this is the right call in the long run as the first deal'd set precedence for subsequent ones. You would want to get the best deal possible for the first one. |
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Post by nylefty on Nov 9, 2015 18:09:13 GMT -5
Purge: Frothing at the mouth doesn't look good on you. I was happy to hear that a TS deal is in the works.
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Post by silentknight on Nov 9, 2015 18:14:03 GMT -5
I have a hard time chalking up every single negative event to bad luck or wrong cards. At some point management needs to be held accountable for poor company performance. If you don't produce results, you are replaced by someone who will. It's hard to find a reason to have much faith in Hakan. Every CC is worse than the last. Some events that have plagued the launch may have been out of his control, but I believe the company and many investors would benefit from a change.
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Post by biotec on Nov 9, 2015 18:14:51 GMT -5
Please do not lock this thread which is created b/c the following thread was locked. 3Q15 ER Mon 11/9/15; BoD to convene Nov 2nd half to decide created Oct 29, 2015 at 1:43pm mnkd.proboards.com/thread/3875/3q15-mon-convene-half-decide?page=5Hakan 3Q15 CC 11/9/15: Negotiating with many for TS partnership- Will have partner by end of year The 50M Mnkd Shares TASE index funds got is such a sweet deal. Al'd rather offer to them than Sny. He really plays hard ball w/ Sny who must be really stingy. Hakan never said Will partner by end of year. |
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Post by kball on Nov 9, 2015 18:19:10 GMT -5
Hakan opened his part begging for a partner - they will have a field day with that one. I found that so odd, almost asking for a white knight to save them from Sanofi was how i read that. |
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Post by liane on Nov 9, 2015 18:21:03 GMT -5
You lost your shirt!
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Post by jimo on Nov 9, 2015 18:22:04 GMT -5
I have a hard time chalking up every single negative event to bad luck or wrong cards. At some point management needs to be held accountable for poor company performance. If you don't produce results, you are replaced by someone who will. It's hard to find a reason to have much faith in Hakan. Every CC is worse than the last. Some events that have plagued the launch may have been out of his control, but I believe the company and many investors would benefit from a change. I agree but who would be attracted to run this company now? |
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