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Post by sophie on Oct 27, 2016 9:36:37 GMT -5
I know right!? Sure doesn't seem like a company running out of money? I'm not against this rationale, just don't understand if this is the case why Matt is not allowed to give reassurance. Seems bizarre to not want to bolster share price with financial security. He doesn't have to be specific. He can casually mention that finances are secure and that they have a revenue stream from somewhere. The best he has done is mentioned that bankruptcy was not an option "at this time". That's a half truth/lie. |
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Post by sportsrancho on Oct 27, 2016 12:39:29 GMT -5
I know right!? Sure doesn't seem like a company running out of money? I'm not against this rationale, just don't understand if this is the case why Matt is not allowed to give reassurance. Seems bizarre to not want to bolster share price with financial security. He doesn't have to be specific. He can casually mention that finances are secure and that they have a revenue stream from somewhere. The best he has done is mentioned that bankruptcy was not an option "at this time". That's a half truth/lie. Yes, seems like he should be able to. I can only guess as to why he is not. He may have every reason to expect a payment from someone but is not sure when it will hit the books. ( RLS..SNY..other?... |
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Post by mockingjay on Oct 27, 2016 12:43:34 GMT -5
In my opinion, this board has more thoughtful and better solutions than the company itself. It's almost as if they are sleeping or have their heads buried in the sand. I know Al Mann was not that type of person, they all rode his coattails and literally destroyed the company. It is clear that Al should not have been making decisions towards the end of his life as he may have gotten confused and they took advantage of his age. Dilution should have happened after Sanofi struck a deal with them when the share price was at $10, at least their debt would have been taken care of, but I guess Matt had no guts. Seems they read this board and every other board because they simply are paralyzed. I am now wondering if something like this could be executed, comments are welcome 1. do the reverse split, 1:10 2. do the offering simultaneously immediately 3. BOD needs to replaced, asleep at the wheel 4. Fire CEO. He has done more harm than any good. 5. Mike C would be the only management employee I'd keep so matt had no vision as a CFO and he got a promotion to work as a CEO , he needed to raise money enough for at least 2 years when the share price at $10 . He really failed as a CFO of Mannkind . |
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Post by kdaddyfresh2000 on Oct 27, 2016 20:58:53 GMT -5
Trying to commercialize? Our introverted CEO has done zero TV interviews EVER as CEO let alone the relaunch. Re relaunch, Ya kinda want people to know that there's a relaunch going on. Just sayin. Maybe go on CNBC. Talk to WSJ. Something. Nope. But he's playing 3-D chess with his Ninja-like stealthy relaunch plan. He had to be shamed publicly into buying his company's stock as CEO. He has zero video commercials after 2.5 years. He never fights back against attacks on the drug, company or stock. |
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Post by reality on Oct 27, 2016 21:38:33 GMT -5
In my opinion, this board has more thoughtful and better solutions than the company itself. It's almost as if they are sleeping or have their heads buried in the sand. I know Al Mann was not that type of person, they all rode his coattails and literally destroyed the company. It is clear that Al should not have been making decisions towards the end of his life as he may have gotten confused and they took advantage of his age. Dilution should have happened after Sanofi struck a deal with them when the share price was at $10, at least their debt would have been taken care of, but I guess Matt had no guts. Seems they read this board and every other board because they simply are paralyzed. I am now wondering if something like this could be executed, comments are welcome 1. do the reverse split, 1:10 2. do the offering simultaneously immediately 3. BOD needs to replaced, asleep at the wheel 4. Fire CEO. He has done more harm than any good. 5. Mike C would be the only management employee I'd keep so matt had no vision as a CFO and he got a promotion to work as a CEO , he needed to raise money enough for at least 2 years when the share price at $10 . He really failed as a CFO of Mannkind . Matt was CEO by default, Duane was supposed to be CEO, but because of the non compete clause, couldn't come aboard. I think that was one of Al's final decisions, thereafter Al became sick and passed away. come to think of it, Al may have never know about Duane's non compete; and yes Matt is a BAD CEO, a BAD CFO and a BAD PR man. For a UC Berkeley graduate, I'm not impressed. There I said it! |
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Post by op2778 on Oct 27, 2016 22:09:03 GMT -5
I'm pretty sure Desisto non compete clause Was just an elegant way to refuse The job after he saw The mess was MNKD.
At first i thought The non compete clause was real, but to be frank, now I'm pretty sure was an excuse....
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Post by Deleted on Oct 27, 2016 22:17:07 GMT -5
I'm pretty sure Desisto non compete clause Was just an elegant way to refuse The job after he saw The mess was MNKD. At first i thought The non compete clause was real, but to be frank, now I'm pretty sure was an excuse.... Then why would he agree for the news release and go through accepting the job? He would have not even gone forward with the offer. I think ,mannkind didnt think it would be a big deal hiring him and was a bit amateur but got slapped on the wrist |
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Post by nylefty on Oct 27, 2016 22:24:26 GMT -5
Trying to commercialize? Our introverted CEO has done zero TV interviews EVER as CEO let alone the relaunch. Re relaunch, Ya kinda want people to know that there's a relaunch going on. Just sayin. Maybe go on CNBC. Talk to WSJ. Something. Nope. But he's playing 3-D chess with his Ninja-like stealthy relaunch plan. He had to be shamed publicly into buying his company's stock as CEO. He has zero video commercials after 2.5 years. He never fights back against attacks on the drug, company or stock. Gotta love the posters who assume that CNBC, the Wall Street Journal and 60 Minutes would even entertain the notion of interviewing the CEO of a struggling little biotech company with almost no sales (so far). I'm still hopeful, but Big Media wouldn't see a story here (so far). |
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Post by kdaddyfresh2000 on Oct 27, 2016 23:46:47 GMT -5
Trying to commercialize? Our introverted CEO has done zero TV interviews EVER as CEO let alone the relaunch. Re relaunch, Ya kinda want people to know that there's a relaunch going on. Just sayin. Maybe go on CNBC. Talk to WSJ. Something. Nope. But he's playing 3-D chess with his Ninja-like stealthy relaunch plan. He had to be shamed publicly into buying his company's stock as CEO. He has zero video commercials after 2.5 years. He never fights back against attacks on the drug, company or stock. Gotta love the posters who assume that CNBC, the Wall Street Journal and 60 Minutes would even entertain the notion of interviewing the CEO of a struggling little biotech company with almost no sales (so far). I'm still hopeful, but Big Media wouldn't see a story here (so far). The point is, Matt is not even attempting to be leading from the front to build some PR. Aside from mandatory conferences and events, he has done exactly ZERO public appearances and no interviews (that I'm aware of and I follow this closely). It's maddening how bad he has done at personally promoting the relaunch. Pathetic. |
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Post by nylefty on Oct 28, 2016 0:35:04 GMT -5
Gotta love the posters who assume that CNBC, the Wall Street Journal and 60 Minutes would even entertain the notion of interviewing the CEO of a struggling little biotech company with almost no sales (so far). I'm still hopeful, but Big Media wouldn't see a story here (so far). The point is, Matt is not even attempting to be leading from the front to build some PR. Aside from mandatory conferences and events, he has done exactly ZERO public appearances and no interviews (that I'm aware of and I follow this closely). It's maddening how bad he has done at personally promoting the relaunch. Pathetic. What's "maddening" to me is the assumption that the news media welcomes all comers for interviews, no matter how little actual news is involved. I spent over 30 years at CBS News, NBC News, ABC News, and Fox News. If you were Matt how would you convince me to interview you? And how do you know that he is "not even attempting" to build PR? In any case I imagine that he's rather busy trying to raise money and otherwise keep the ship afloat in his dual roles as CEO and CFO. |
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Post by Deleted on Oct 28, 2016 1:58:23 GMT -5
I know right!? Sure doesn't seem like a company running out of money? I think you hit the nail on the head! Why keep so much staff if youre so desperate, right. Which leads me to believe(my overly trusting, loving, super optimist side) that we have access to money and resources. Numbers dont lie, Afrezza will take time, and they seem to not be worried about this by keeping so much staff etc. |
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Post by kdaddyfresh2000 on Oct 28, 2016 6:08:17 GMT -5
I know right!? Sure doesn't seem like a company running out of money? I think you hit the nail on the head! Why keep so much staff if youre so desperate, right. Which leads me to believe(my overly trusting, loving, super optimist side) that we have access to money and resources. Numbers dont lie, Afrezza will take time, and they seem to not be worried about this by keeping so much staff etc. Admittedly, launching the drug from scratch is tough, but when has Mannkind management silence ever meant something good is going on? Have they ever overperformed from a financial perspective in terms of signing deals or financing? Ever? If I hear one more "stay tuned".... lol. |
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Post by op2778 on Oct 28, 2016 7:26:57 GMT -5
he is busy playing golf and pocketing our money....
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Post by op2778 on Oct 28, 2016 7:28:41 GMT -5
The point is, Matt is not even attempting to be leading from the front to build some PR. Aside from mandatory conferences and events, he has done exactly ZERO public appearances and no interviews (that I'm aware of and I follow this closely). It's maddening how bad he has done at personally promoting the relaunch. Pathetic. What's "maddening" to me is the assumption that the news media welcomes all comers for interviews, no matter how little actual news is involved. I spent over 30 years at CBS News, NBC News, ABC News, and Fox News. If you were Matt how would you convince me to interview you? And how do you know that he is "not even attempting" to build PR? In any case I imagine that he's rather busy trying to raise money and otherwise keep the ship afloat in his dual roles as CEO and CFO. Let`s hope you are right. What you will say when he will diluite or worst R/S and diluition? Probably you will say: he hasn´t another solution.....Yeah right? Op |
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Post by op2778 on Oct 28, 2016 7:30:37 GMT -5
I'm pretty sure Desisto non compete clause Was just an elegant way to refuse The job after he saw The mess was MNKD. At first i thought The non compete clause was real, but to be frank, now I'm pretty sure was an excuse.... Then why would he agree for the news release and go through accepting the job? He would have not even gone forward with the offer. I think ,mannkind didnt think it would be a big deal hiring him and was a bit amateur but got slapped on the wrist Well, if MNKD didn´t think it would be a big deal, that means incompetence of legal dept and MNKD poor DD. IMHO he saw the mess and pulled the trigger.... Op |
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