Trying to understand better the 50 million

[parrerob]

Guys please help me understanding better the question of the 50 Million shares.

I am very upset but seems here people, I estimate, have the opposite feeling.

Here below my consideration under a balance good and bad

GOOD

1. New shares cannot be shorted any way

2. Excluding temporary financial problems, no one should be going to buy 50 Million shares of a project that is going to fail

3. Considering, at least, these funds friendly to Al I do not think Al is going to give them a 50 Million shares with no value

4. There is sure no BO next future at this terrible PPS

5. Financial situation planned will help a lot gaining power both with SNY partnership and eventually with a TS partner

6. Actual short thesis disappear

BAD

1. TS will not bring much money in a short time. This is considering the amount of the dilution needed.

2. Afrezza just a few and very far from enough. But this is known, priced in and accepted by me

3. No milestones near term from SNY *at least not significant or not sure

4. Considering me here for investing and not trading I ve lost, yesterday evening, quite a 10% of my investment.

5. Due to unimmaginary short index, this way to finance MNKD will take away another 30% of my investment soon. this should have just a temporary effect but today PPS is going towards 2$

6. 50 Million MNKD shares are very hard to find nowadays without squeezing the PPS. I really do not like the fact that some one is going to load more then 10% of the company with only 100 Million dollars. Considering also they are doing this now with no more risk of ADCOM and APPROVAL and knowing that Afrezza is very well appreciated by patients. Sure MNKD has 0 attention for his shareholder

7. Management is incompetent. My point: After the approval they were absolutely not aware of the timing, of the controlled launch, of insurance time…… otherwise 10 Million shares dilution were enough at that time… coming back now from BOA. I was not aware too and, honestly, I was thinking a quick road to our success ! But I am a poor retailer while they should be the manager of one of the best innovative Biotech company.

UNKNOW

Who are exactly these funds ? Are they controlled by Al Mann ?

What about the 9 million shares ? are they included in the 50 million ?



Thanks for any consideration

Good luck guys

[stevil]

It's hard, but it'd be nice if we could have a FAQ post pinned to the top so all this stuff doesn't get hashed and re-hashed. Then, as more questions arise, we can add to it. It'd be an easy way to point people to, well, the most frequently asked questions...

[parrerob]

Would like to add to the list 2 more UNKNOWN

1 During the call it was stated (reading the transcription) UP TO 50 Million shares. So the real number is not known yet. I think it will depend on final PPS price and from other comments during the call it seems it will be for a total of 100 Million dollars (to go untill beginning of 2017) so they expect a final PPS price around 2$. If this is the case any buck over 2$ on the close tomorrow will inpact on less shares dilution. If this is correct and if PPS will be for example at 2,3 the dilution will be 44 Million shares.

2 Israelian funds will get diretly from MNKD the shares and will buy on open market the remaining needed quantity (reading the transcription). So hopefully the agreemenet will include also ETF to buy something in the market ?

Considering both points is it so stupid to conclude that:

- Isreal funds will buy any case 50 Million shares

- MNKD will collect anycase 100 Million dollars

- Suppose for example final price at 2,2 $ (Optimistic ?) Then MNKD will deliver around 45 Million shares and funds will buy remaining 5 Million shares on the open market.

If this is the case .... shorters are sure in big trouble (together with the value of my investment). What ever is going to be shorted these days then the benefit is going into Israel funds. If they stop shorting, then Israel ETF will have to buy on the open market.

Any case and under ANY scenario I strongly hope that reassuring communication is ongoing towards our historical Institutional investors ......

[mbseeking]

There are two kinds of people in this world , those that make the pie bigger and those that divvy them up. People who make pies bigger are builders, creators , traders, merchants. People who divide pies are shop keepers , book keepers and socialists. After I figured this out I've spent my life / career trying to associate with people who make the pie bigger:  work in companies that make the pie and even move to live in countries where the majority believe it is more important to make expand the  pie - for all.

Al, Hakan and Matt are just trying to make a really big pie for us. Don't get bogged down in who gets what here now or there (with the possible exception of disliking the shorts :-) ). If you get, believe , the big picture of the Mannkind and Afrezza story it wont matter a bit. Focus on trying to make a humungous pie. Right now MNKD needs some cash. Unlike every other time they have needed it, they figured out this time out to get it without creating more shorts in a market that now seems stacked against innovation. Really I can not begrudge a company for needing cash at this stage of their development.

And the number #1 pro/good you missed off your list. This action has bought them time. Quite a lot of time. And in this game, that means everything. I've only being following MNKD for over a year but truly I've been terribly impressed this past few days of what MNKD has done for me.

If there ever was a time when investors should either eliminate , or simply reduce teh number of shares of MNKD they will loan to shorts now is the time. IF you lend, you dont have to  ask for them all back , just 10 - 15 %.  You'll still make a ton of interest on the remaining shares you loan. That will help to further tilt this to those who believe in this invention. I'd encourage Blackrock and the other funds to do the same here. MNKD management have raised the bar and have gone to extraordinarily lengths to protect existing shareholders from excessive shorting. Why shouldnt existing shareholders now exercise some of that responsibility also?

if you are not here to help make the Mannkind pie bigger, then why ?