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Post by yash on Jan 23, 2016 21:40:36 GMT -5
I know many people are anxious to find out who is behind Receptor but honestly (in my best Hillary Clinton voice) "what difference does it make?" If the company has no approved drugs and are years away from getting one approved, do you think Wall street is really going to care if it is Bill Gates or Google or Apple? Wall Street see Mannkind as a dead company and will continue to beat it with their short stick until Mannkind can show it can make money. It's just that simple. Actually, it it was one of the companies you mentioned, I think it would matter. I think it will be a huge news if it is related to Google or Apple.
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Post by jpg on Jan 23, 2016 22:32:13 GMT -5
I'm just anxious to see who is involved in the company backing. Illumina just spun off a new company named Grail and Gates and Bezos are backers for about $100 million. So Receptor Life Sciences not only has money to fund operations but also $102.5 million to pay MNKD milestones? I'm actually positive on this deal because it certainly adds to help concrete their business model but again we are left in the dark about the partnership/partner. I know many people are anxious to find out who is behind Receptor but honestly (in my best Hillary Clinton voice) "what difference does it make?" If the company has no approved drugs and are years away from getting one approved, do you think Wall street is really going to care if it is Bill Gates or Google or Apple? Wall Street see Mannkind as a dead company and will continue to beat it with their short stick until Mannkind can show it can make money. It's just that simple. If Google or Apple got behind this it would be huge and yes Wall Street would certainly notice. Do you think for a minute someone would short a 300-400 million company that had interesting tech and that a giant technology company suddenly took an interest in? Name me 1 small biotech Apple Google Amazon etc. has partnered with. Yes a giant tech company partnering Mannkind would be huge. An unknown company with no cash payment? Tolero 2.0 till proven otherwise.
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