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Post by sportsrancho on Nov 23, 2015 14:40:00 GMT -5
I don't think that Al is going anywhere till he gets things back on track.
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Post by jeremg on Nov 23, 2015 14:48:53 GMT -5
I'm starting to think there's good reason "the truth" has been kept from us, the truth is likely much worse than most imagined (actually the tone around here lately is finally starting to match the reality of the situation, for better or worse(?)). TS could be the future but only if it is not buried before then; right now Afrezza is MNKD's "all or nothing" bet, Afrezza's fate will be the fate of Technosphere [under MNKD's name at least]. I think thats true. But also think Al will DO EVERYTHING in his power to make Afrezza a success! Just betting with Al and all the people on Afrezza. I'm buying more:-) I applaud your... ummmmmm, courage(?) in buying more shares and I think you are correct that Al will do any and everything he can to make Afrezza a success BUT at the end of the day he's still just human (and 90yrs old  ). I'm no longer sticking around because I believe Al will pull us out of this, as I find that possibility less likely with each passing day [and each -10% drop], instead I'm holding because what money that remains in this investment is so small [compared to my principal] that It wouldn't matter form here if I lost it. MNKD is entirely a speculative gamble at this point, fundamentals and past DD are no longer applicable at this stage IMO. Good Luck, may we all be dealt a good hand next turn. |
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Post by kc on Nov 23, 2015 19:03:14 GMT -5
Mann is Israeli? Really? Do you have a reference for that 'fact'? Pardon me, Jewish. That's what I meant... Hate citing wiki as a source, but I hope you'll accept. Let me know if you need DNA evidence to confirm. Lab is on standby. Thanks in advance. en.wikipedia.org/wiki/Alfred_E._MannMann is an American. Born in Oregon |
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Post by stevil on Nov 23, 2015 19:15:14 GMT -5
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Post by kball on Nov 23, 2015 19:41:10 GMT -5
Pardon me, Jewish. That's what I meant... Hate citing wiki as a source, but I hope you'll accept. Let me know if you need DNA evidence to confirm. Lab is on standby. Thanks in advance. en.wikipedia.org/wiki/Alfred_E._Mann
Mann is an American. Born in Oregon Today, we are all Oregonians |
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Post by bill on Nov 23, 2015 19:52:22 GMT -5
How will MNKD convince a highly qualified prospective CEO to join the firm when they are facing a financial crisis that will occur before the new CEO could even begin to have an effect on the company? Seems like Al and MNKD will need to solve their financial situation before they're likely to get a quality CEO signed up. Right now, it seems like MNKD has at most about 2 quarters of funding available to them. |
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Post by jpg on Nov 23, 2015 20:11:11 GMT -5
How will MNKD convince a highly qualified prospective CEO to join the firm when they are facing a financial crisis that will occur before the new CEO could even begin to have an effect on the company? Seems like Al and MNKD will need to solve their financial situation before they're likely to get a quality CEO signed up. Right now, it seems like MNKD has at most about 2 quarters of funding available to them. Agreed. Why would a highly qualified CEO want a job for potentially only a few months? If they can convince someone with some credibility to take the job it certainly would be a big comfidence boster. By the time they do find a CEO there might only be 1 quarter of cash left... Why do we suppose the CEO Hakansacked himself? Will a new CEO look inside and want part of this? |
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Post by doodyfree on Nov 23, 2015 21:32:04 GMT -5
How will MNKD convince a highly qualified prospective CEO to join the firm when they are facing a financial crisis that will occur before the new CEO could even begin to have an effect on the company? Seems like Al and MNKD will need to solve their financial situation before they're likely to get a quality CEO signed up. Right now, it seems like MNKD has at most about 2 quarters of funding available to them. With the publicly available info, they have about one year. - 1 Qtr Tase deal - 1 Qtr cash - 1 Qtr Mann group - 1 Qtr ATM Al isn't going to let this go under. |
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Post by ricguy on Nov 23, 2015 21:50:16 GMT -5
How will MNKD convince a highly qualified prospective CEO to join the firm when they are facing a financial crisis that will occur before the new CEO could even begin to have an effect on the company? Seems like Al and MNKD will need to solve their financial situation before they're likely to get a quality CEO signed up. Right now, it seems like MNKD has at most about 2 quarters of funding available to them. Please explain where you are coming up with this? |
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Post by dreamboatcruise on Nov 23, 2015 22:17:14 GMT -5
How will MNKD convince a highly qualified prospective CEO to join the firm when they are facing a financial crisis that will occur before the new CEO could even begin to have an effect on the company? Seems like Al and MNKD will need to solve their financial situation before they're likely to get a quality CEO signed up. Right now, it seems like MNKD has at most about 2 quarters of funding available to them. With the publicly available info, they have about one year. - 1 Qtr Tase deal - 1 Qtr cash - 1 Qtr Mann group - 1 Qtr ATM Al isn't going to let this go under. You've got to back out the restricted money... so more like 8-10 months depending on what you want to assume for share price when ATM is utilized. |
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Post by doodyfree on Nov 24, 2015 3:46:49 GMT -5
With the publicly available info, they have about one year. - 1 Qtr Tase deal - 1 Qtr cash - 1 Qtr Mann group - 1 Qtr ATM Al isn't going to let this go under. You've got to back out the restricted money... so more like 8-10 months depending on what you want to assume for share price when ATM is utilized. Yes we need to maintain 25mil as collateral, but it is cash and it can be used to fund operations intra-quarter if they run out of options. It will buy more time. Plus of course any afrezza money coming in. So four quarters. They will likely announce new financing prior to the last quarter, so it won't come to that. |
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Post by kball on Nov 24, 2015 13:47:30 GMT -5
Anyone think former Medtronic CEO Bill George may be a good get?
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Post by stevil on Nov 24, 2015 13:56:05 GMT -5
Anyone think former Medtronic CEO Bill George may be a good get? I have a strong suspicion that Al would prefer to find someone he knows well and trusts to not only have the best interest of the company at heart, but who would also be a competent leader during these times. Hopefully that person exists, although I can't imagine there isn't great disappointment that Hakan wasn't that guy. Anyway, I know Al sold his company to medtronic, do you have any knowledge if he knows Bill well? |
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Post by mnholdem on Nov 24, 2015 13:57:29 GMT -5
With the publicly available info, they have about one year. - 1 Qtr Tase deal - 1 Qtr cash - 1 Qtr Mann group - 1 Qtr ATM Al isn't going to let this go under. You've got to back out the restricted money... so more like 8-10 months depending on what you want to assume for share price when ATM is utilized. Let's not forget that with the limited number of new shares being sold to the TASE ETF's, MannKind still has over 100 million common shares and 10 million preferred shares that have been authorized and are sitting in the treasury. Of course, nobody wants more dilution but the shares are available, if needed. |
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Post by dreamboatcruise on Nov 24, 2015 14:12:25 GMT -5
You've got to back out the restricted money... so more like 8-10 months depending on what you want to assume for share price when ATM is utilized. Let's not forget that with the limited number of new shares being sold to the TASE ETF's, MannKind still has over 100 million common shares and 10 million preferred shares that have been authorized and are sitting in the treasury. Of course, nobody wants more dilution but the shares are available, if needed. Are you sure the BOD approval and registration for TASE shares allows the unsold ones to be used as a shelf offering? Sorry, I should look that up myself, but perhaps you know the answer offhand. You seem pretty good at quoting documents. |
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). I'm no longer sticking around because I believe Al will pull us out of this, as I find that possibility less likely with each passing day [and each -10% drop], instead I'm holding because what money that remains in this investment is so small [compared to my principal] that It wouldn't matter form here if I lost it. MNKD is entirely a speculative gamble at this point, fundamentals and past DD are no longer applicable at this stage IMO. Good Luck, may we all be dealt a good hand next turn. 
