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Post by james on Dec 9, 2015 13:45:43 GMT -5
I am continually amazed at the expectations here. MNKD is not saying anything because they should not be responding in an ad-hoc fashion to the movement of the share price. All Matt indicated is that he would like to respond, but won't do so until a sufficient business reason warrants communication. A falling share price does not constitute sufficient reason.
The movement of the share price is not an indication of whether there are solid plans within the company for its business development.
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Post by james on Dec 9, 2015 13:47:22 GMT -5
Doesn't it seem as simple to everybody else as it does to me....If Al is still confident in this company, why doesn't he invest a large amount of money (again) to show everybody that he is still on board, still believes and cares about the little people (like me and the other longs) that have invested in his vision. I have been long for 10 years and it is so painful at this point every day just losing more and more. We need (and deserve) some clarity and hope (if there is any there)! GLTA longs! One reason is that he is the CEO and therefore has access to privileged information. He is prohibited from acting on that information in the manner you suggest. |
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Post by bradleysbest on Dec 9, 2015 13:51:39 GMT -5
Al has invested enough & fought the good fight (developing Afrezza,CRL's, etc...). We need SNY to step up or some other BP (or company)to make a bid on Afrezza! Dear Santa, All I want for xmas is.........
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Post by jeremg on Dec 9, 2015 13:54:28 GMT -5
I am continually amazed at the expectations here. MNKD is not saying anything because they should not be responding in an ad-hoc fashion to the movement of the share price. All Matt indicated is that he would like to respond, but won't do so until a sufficient business reason warrants communication. A falling share price does not constitute sufficient reason.
The movement of the share price is not an indication of whether there are solid plans within the company for its business development.You're kidding, right? Losing 80% of its value in less than a year "does not constitute sufficient reason" to communicate with shareholders [owners of the company]... do you know what would happen to a management team who took that route with a private company? [Hint: They would be booted so quickly their heads would spin] How does the share price not affect plans for business development when a company needs capital for its business development (and to operate) and the raising of said capital is dependent on share price? |
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Post by stevil on Dec 9, 2015 14:01:16 GMT -5
Ya, that didn't sound good to me either. The only time you don't let information out is when that information isn't good. If there was good news to share, there wouldn't be opposition to communication. Wondering why there would need to be an "excuse" to let info out. Wonder if that's in regards to SNY? So what I hear you saying is that as CFO of a publicly traded company, if there was good news, Matt would have shared it via email response prior to announcing the good news in a formal PR. Do you really believe that to be the proper course of action, seriously? No, what you heard me saying was not what I said. We currently have a CEO, not named Matt, CFO. If Matt has been encouraging him to address this issue and there has been opposition to it, that doesn't really give me warm and fuzzies. It doesn't bother me that Matt didn't answer his question in an email. It bothers me that there has been opposition to addressing this with communication. What mdcenter61 said, they must favor communicating during scheduled events. They aren't the type of company that makes preemptive announcements. I guess I'm guilty of hope as well- hope that they would do something out of their norm and address this before we keep spiraling more and more. |
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Post by james on Dec 9, 2015 14:14:38 GMT -5
I am continually amazed at the expectations here. MNKD is not saying anything because they should not be responding in an ad-hoc fashion to the movement of the share price. All Matt indicated is that he would like to respond, but won't do so until a sufficient business reason warrants communication. A falling share price does not constitute sufficient reason.
The movement of the share price is not an indication of whether there are solid plans within the company for its business development.You're kidding, right? Losing 80% of its value in less than a year "does not constitute sufficient reason" to communicate with shareholders [owners of the company]... do you know what would happen to a management team who took that route with a private company? [Hint: They would be booted so quickly their heads would spin] How does the share price not affect plans for business development when a company needs capital for its business development (and to operate) and the raising of said capital is dependent on share price? Management has communicated with shareholders and expressed continued confidence in each of it's scheduled conference calls while the share price has been retreating over this period. Why would coming out now with a statement of confidence make any change in the sentiment? What exactly would they be responding to, questions about liquidity; in response to misinformation? If there were truly a false report in circulation, they would most likely respond to this. They are not going to put out an interim statement of cash position, nor describe what the next step in acquiring further liquidity will be. As to stating anything regarding plans or expectations in regards to Sanofi, for competitive reasons, they simply are not going to do this until a material event occurs. This is not a private company, so there is no comparison to be made there. By business development, I mean what is the next step in ramping up sales, what negotiations are being held with insurers. What clinical tests or future product pricing are in the works. Which indications are being researched for TS and how are barriers to development being mitigated. Financing is a support for these activities. As it stands, financing can still be had so business continues and that's all they are going to tell you about that. |
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Post by cjc04 on Dec 9, 2015 15:25:44 GMT -5
Warning,,, pie in the sky speculation alert...
---CEO mysteriously out at the most pivotal point in the companies history....
---per Matt, he hoped a CEO announcement would be an excuse?? Hmmm.
How about this,,,, the new CEO will be the CEO for the new company which is a joint venture of all of MNKD & Sanofi..... The announcement of this CEO, would be the "excuse" where all the other concerns are laid to rest.
Crazy,,,, but I still believe in something big, and I'm not selling..,
Hero or zero.
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Post by mssciguy on Dec 9, 2015 15:37:33 GMT -5
cjc04 Hey there are thousands of people interested in this company globally, some with lots of money. Likewise a huge global market for Afrezza. Something is up -- why this fixation on the US market only? Does not make sense. So your idea is as good as any of ours. As for me, I am in until 2017 at least, probably much longer. Let the Wall Street fraudsters milk this on their 15 exchanges with their high speed microsecond trades, nothing can stop them, not even the SEC (yet).
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Post by bill on Dec 9, 2015 15:46:12 GMT -5
Maybe we're overlooking the real message Matt gave us. If they're expecting to have a new CEO on board shortly, wouldn't it be unlikely that the company is having major problems? What prospective CEO would hire on, knowing they were being airlifted onto the Titanic? Just saying...
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Post by dictatorsaurus on Dec 9, 2015 15:49:44 GMT -5
A serious question...What will happen to MNKD and the SP if something happens to Al?
Lots of speculation that he's not going to allow for BK and will bail out if he needs to.
The man is 90 years old.
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Post by mssciguy on Dec 9, 2015 15:54:00 GMT -5
A serious question? What will happen to MNKD and the SP is something happens to Al? Lots of speculation that he's not going to allow for BK and will bail out if he needs to. The man is 90 years old. No doubt his foundation has instructions, just a guess though. Al plans ahead. |
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Post by fedakd on Dec 9, 2015 15:57:19 GMT -5
I wish Google or Medtronic would buy Mannkind. We need someone bigger than Big Pharma. Enough of this BS.
Perhaps the CEO will come from Sanofi....
Sounds like Al and the board are keeping a lid on everything they're discussing. Even Pfeffer doesn't know. Very interesting!
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Post by cjc04 on Dec 9, 2015 16:11:47 GMT -5
I wish Google or Medtronic would buy Mannkind. We need someone bigger than Big Pharma. Enough of this BS. Perhaps the CEO will come from Sanofi.... Sounds like Al and the board are keeping a lid on everything they're discussing. Even Pfeffer doesn't know. Very interesting! CEO from Sanofi,,,, that's where my pipe dream started.... Then that brings me straight to Haken stepping down, but staying on to help "transition" all being planned out from the beginning. Guess we'll find out. |
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Post by sweedee79 on Dec 9, 2015 16:15:19 GMT -5
"I agree with all you have said, and have been pushing for the same." Pushing for the same what? How is he pushing? Who is he pushing? He always manages to say really nothing at all. I agree with you. Sounds like another way to put shareholders off... I don't like it. We have a right to know something!!!! Anything would be better than "lets keep our fingers crossed" ...
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Post by fedakd on Dec 9, 2015 16:16:50 GMT -5
If Al wants to take this private, my understanding is that he will require 90% of shares tendered to him.
Can anyone validate this?
Perhaps Al and his buddies, or Al in addition to a very wise PE firm pool their funds and take it private!
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