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Post by cgiscgis on Nov 3, 2016 10:48:54 GMT -5
We are now ... November ... and it clearly shows how little the company is sharing with / caring about shareholders! Are we going to get another appalling conference call where CEO is begging companies to call them to do business?
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Post by nylefty on Nov 3, 2016 11:35:24 GMT -5
We are now ... November ... and it clearly shows how little the company is sharing with / caring about shareholders! Are we going to get another appalling conference call where CEO is begging companies to call them to do business? Of course the "begging" (which was not begging) was done by a prior CEO, not the current one. |
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Post by esstan2001 on Nov 3, 2016 11:38:59 GMT -5
We are now ... November ... and it clearly shows how little the company is sharing with / caring about shareholders! Are we going to get another appalling conference call where CEO is begging companies to call them to do business? Of course the "begging" (which was not begging) was done by a prior CEO, not the current one. and likely the final nail in the coffin rendering him the ex-CEO. |
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Post by surplusvalue on Nov 5, 2016 13:15:27 GMT -5
Of course the "begging" (which was not begging) was done by a prior CEO, not the current one. and likely the final nail in the coffin rendering him the ex-CEO. Cgiscgis, MNKd has no obligation to care about shareholders or share price as their focus, just to succeed with their products;so yes we will get another CC like the previous ones. Hakan's problem was that his "begging" was premature and sent the wrong message at that point. However , at this juncture if they have no financing solution then now would be an appropriate time for begging. Nothing wrong with begging if you need to survive. Anyone who has ever been in a desperate situation knows exactly what I am talking about |
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Post by op2778 on Nov 5, 2016 20:12:10 GMT -5
and likely the final nail in the coffin rendering him the ex-CEO. Cgiscgis, MNKd has no obligation to care about shareholders or share price as their focus, just to succeed with their products;so yes we will get another CC like the previous ones. Hakan's problem was that his "begging" was premature and sent the wrong message at that point. However , at this juncture if they have no financing solution then now would be an appropriate time for begging. Nothing wrong with begging if you need to survive. Anyone who has ever been in a desperate situation knows exactly what I am talking about Begging and meanwhile cash as much money as you can looks a great strategy. hakan and Matt cashing out millions of dollars..... i could begging a lot with that salary. op |
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Post by kdaddyfresh2000 on Nov 5, 2016 21:06:05 GMT -5
We are now ... November ... and it clearly shows how little the company is sharing with / caring about shareholders! Are we going to get another appalling conference call where CEO is begging companies to call them to do business? As I said before, face it. Mannkind leadership consists of clueless, self-interested incompetents. Is anyone else as p$& ed at how bad everything has gone and the problems it's caused you? The relaunch s%*#s. Every time I do not think they could do worse, they exceed my lowest expectations. I rue the day I found this stock and half wish our misery would end. |
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Post by nadathing on Nov 5, 2016 21:26:21 GMT -5
We are now ... November ... and it clearly shows how little the company is sharing with / caring about shareholders! Are we going to get another appalling conference call where CEO is begging companies to call them to do business? As I said before, face it. Mannkind leadership consists of clueless, self-interested incompetents. Is anyone else as p$& ed at how bad everything has gone and the problems it's caused you? The relaunch s%*#s. Every time I do not think they could do worse, they exceed my lowest expectations. I rue the day I found this stock and half wish our misery would end. Al was clueless as a CEO. Brilliant man, but he should have never been CEO. The Matt bashing goes on day in and day out, but very few here put the blame where it really lies, with Al Mann. Al hired Matt and Hakan. Al was responsible for the last CRL. Al opened his mouth and caused the lawsuit. Al made false claims (the EU filing would occur right after US approval) and Al helped negotiate the SNY partnership and signed it. I give Matt a lot of credit for not bailing out when the (blank) hit the fan. Who on earth would want this job? Obviously not the guy who used his non-compete to get out of this mess. |
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Post by surplusvalue on Nov 5, 2016 21:27:13 GMT -5
Cgiscgis, MNKd has no obligation to care about shareholders or share price as their focus, just to succeed with their products;so yes we will get another CC like the previous ones. Hakan's problem was that his "begging" was premature and sent the wrong message at that point. However , at this juncture if they have no financing solution then now would be an appropriate time for begging. Nothing wrong with begging if you need to survive. Anyone who has ever been in a desperate situation knows exactly what I am talking about Begging and meanwhile cash as much money as you can looks a great strategy. hakan and Matt cashing out millions of dollars..... i could begging a lot with that salary. op I was referring to saving the company. Nothing in my post even remotely refers to either Hakan's or Matt's personal self interest at all. If you think that management is only in this for themselves then why did you bother to invest? You must be pretty bitter to even suggest such a thing. You seem to forget that both Hakan and Matt were instrumental in the development and production phase of Afrezza. In any case, you can think whatever you like but dont attach such nonsense to anything I post. |
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Post by op2778 on Nov 5, 2016 22:10:57 GMT -5
First of all I'm not attacking anybody. 2. Instead of begging, If they were really trying to save The company, they can freeze their salary+compensation (Hakan It's on payroll until 2017). A company with cash troubles giving away money like that isn't normal to me. 3. Looks like you live in fantasy world. Freedom of speach.....If you don't like My answers block me and go ahead. gltu Begging and meanwhile cash as much money as you can looks a great strategy. hakan and Matt cashing out millions of dollars..... i could begging a lot with that salary. op I was referring to saving the company. Nothing in my post even remotely refers to either Hakan's or Matt's personal self interest at all. If you think that management is only in this for themselves then why did you bother to invest? You must be pretty bitter to even suggest such a thing. You seem to forget that both Hakan and Matt were instrumental in the development and production phase of Afrezza. In any case, you can think whatever you like but dont attach such nonsense to anything I post. |
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Post by surplusvalue on Nov 5, 2016 22:18:50 GMT -5
(1) First of all I'm not attacking anybody.2. Instead of begging, If they were really trying to save The company, they can freeze their salary+compensation (Hakan It's on payroll until 2017). A company with cash troubles giving away money like that isn't normal to me. 3. Looks like you live in fantasy world. Freedom of speach.....If you don't like My answers block me and go ahead.gltu I was referring to saving the company. Nothing in my post even remotely refers to either Hakan's or Matt's personal self interest at all. If you think that management is only in this for themselves then why did you bother to invest? You must be pretty bitter to even suggest such a thing. You seem to forget that both Hakan and Matt were instrumental in the development and production phase of Afrezza. In any case, you can think whatever you like but dont attach such nonsense to anything I post.
#1 and #3 are self contradictory. #3 Doesn't make any sense if you look at what I posted. You can say and think whatever you like just dont attach it to me either indirectly or directly. #2 is a good suggestion but a far cry from what you originally stated "hakan and Matt cashing out millions of dollars i could begging a lot with that salary" and attached to my post |
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Post by kdaddyfresh2000 on Nov 6, 2016 14:07:26 GMT -5
As I said before, face it. Mannkind leadership consists of clueless, self-interested incompetents. Is anyone else as p$& ed at how bad everything has gone and the problems it's caused you? The relaunch s%*#s. Every time I do not think they could do worse, they exceed my lowest expectations. I rue the day I found this stock and half wish our misery would end. Al was clueless as a CEO. Brilliant man, but he should have never been CEO. The Matt bashing goes on day in and day out, but very few here put the blame where it really lies, with Al Mann. Al hired Matt and Hakan. Al was responsible for the last CRL. Al opened his mouth and caused the lawsuit. Al made false claims (the EU filing would occur right after US approval) and Al helped negotiate the SNY partnership and signed it. I give Matt a lot of credit for not bailing out when the (blank) hit the fan. Who on earth would want this job? Obviously not the guy who used his non-compete to get out of this mess. The last CRL was due to the Shkreli Christmas email fiasco and the lawsuit flowed from that. The drug was aporoved prior to Shkreli emails - remember an FDA chemist was convicted for insider trading bc he bought MNKD stock prior to the second CRL. Why would he buy stock if it was going to be rejected? So the emails swayed the FDA to change their mind. Who would take this job? I would. I'd work in Antarctica for $1mil plus per year. And if you get paid that much consistently despite being incompetent and ineffective, who wouldn't take the job? Just take a few face shots from grumpy eviscerared shareholders and soon to be unemployed employees. Speak confidently.. Nod head with concern. Collect check. Repeat. White collar welfare. Matt and Hakan are not martyrs. Or if they are, they are very well-paid martyrs, if there is such a thing. Exhibit A - Hakan's Golden Parachute, the payment of which will extend beyond the probable MNKD BK coming. Must be nice. What is unforgivable is the misleading and optimistic statements, the unwillingness to fight publicly for the company from attacks as proper leaders do, and an unwillingness to buy stock but a willingness to sell it. Leadership 101 failure: Hakan SOLD stock within weeks of becoming CEO. Hakan had to be shamed into not selling any more stock. Matt had to be shamed to buy stock as CEO. That is my problem with leadership. Al Mann put his money where his mouth was and fought for the company publicly as best he could. His last public breaths were to promote Afrezza. |
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Post by nadathing on Nov 6, 2016 14:52:52 GMT -5
Al was clueless as a CEO. Brilliant man, but he should have never been CEO. The Matt bashing goes on day in and day out, but very few here put the blame where it really lies, with Al Mann. Al hired Matt and Hakan. Al was responsible for the last CRL. Al opened his mouth and caused the lawsuit. Al made false claims (the EU filing would occur right after US approval) and Al helped negotiate the SNY partnership and signed it. I give Matt a lot of credit for not bailing out when the (blank) hit the fan. Who on earth would want this job? Obviously not the guy who used his non-compete to get out of this mess. The last CRL was due to the Shkreli Christmas email fiasco and the lawsuit flowed from that. The drug was aporoved prior to Shkreli emails - remember an FDA chemist was convicted for insider trading bc he bought MNKD stock prior to the second CRL. Why would he buy stock if it was going to be rejected? So the emails swayed the FDA to change their mind. Who would take this job? I would. I'd work in Antarctica for $1mil plus per year. And if you get paid that much consistently despite being incompetent and ineffective, who wouldn't take the job? Just take a few face shots from grumpy eviscerared shareholders and soon to be unemployed employees. Speak confidently.. Nod head with concern. Collect check. Repeat. White collar welfare. Matt and Hakan are not martyrs. Or if they are, they are very well-paid martyrs, if there is such a thing. Exhibit A - Hakan's Golden Parachute, the payment of which will extend beyond the probable MNKD BK coming. Must be nice. What is unforgivable is the misleading and optimistic statements, the unwillingness to fight publicly for the company from attacks as proper leaders do, and an unwillingness to buy stock but a willingness to sell it. Leadership 101 failure: Hakan SOLD stock within weeks of becoming CEO. Hakan had to be shamed into not selling any more stock. Matt had to be shamed to buy stock as CEO. That is my problem with leadership. Al Mann put his money where his mouth was and fought for the company publicly as best he could. His last public breaths were to promote Afrezza. You are in absolute denial if you don't believe that Al Mann is at fault for where we are today. |
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Post by derek2 on Nov 6, 2016 16:16:25 GMT -5
Al was clueless as a CEO. Brilliant man, but he should have never been CEO. The Matt bashing goes on day in and day out, but very few here put the blame where it really lies, with Al Mann. Al hired Matt and Hakan. Al was responsible for the last CRL. Al opened his mouth and caused the lawsuit. Al made false claims (the EU filing would occur right after US approval) and Al helped negotiate the SNY partnership and signed it. I give Matt a lot of credit for not bailing out when the (blank) hit the fan. Who on earth would want this job? Obviously not the guy who used his non-compete to get out of this mess. So the emails swayed the FDA to change their mind. Who would take this job? I would. I'd work in Antarctica for $1mil plus per year. And if you get paid that much consistently despite being incompetent and ineffective, who wouldn't take the job? Just take a few face shots from grumpy eviscerared shareholders and soon to be unemployed employees. Speak confidently.. Nod head with concern. Collect check. Repeat. White collar welfare. Matt and Hakan are not martyrs. Or if they are, they are very well-paid martyrs, if there is such a thing. Exhibit A - Hakan's Golden Parachute, the payment of which will extend beyond the probable MNKD BK coming. Must be nice. What is unforgivable is the misleading and optimistic statements, the unwillingness to fight publicly for the company from attacks as proper leaders do, and an unwillingness to buy stock but a willingness to sell it. Leadership 101 failure: Hakan SOLD stock within weeks of becoming CEO. Hakan had to be shamed into not selling any more stock. Matt had to be shamed to buy stock as CEO. That is my problem with leadership. Al Mann put his money where his mouth was and fought for the company publicly as best he could. His last public breaths were to promote Afrezza. Just one small correction: The chemist was long but sold upon learning of the upcoming rejection. The FDA chemist who is seen as a smoking gun, started a position in MNKD months before the PDUFA date, then checked 2 weeks out from approval, and dumped his shares; avoiding a loss. He had done similar with another of the dozen+ companies that he had gone long or shorted, so MNKD was not an exception. The common lore is that he had gone long and suffered a loss; his only one; because the FDA had changed their decision at the very last moment. Not the case. He knew 2 weeks before the CRL that it was coming; the 2nd work day of the new year after Shkreli had written an email about a public FDA policy that everyone knew about - written after hours on Christmas Day. Liang sold his 18,000 shares of MNKD anticipating a CRL. He sold on Jan 4, a full two weeks before the CRL, which contradicts the truism of him going long and being burned at the last minute. See for yourself - the SEC doc shows the trade as still open, so no profit made at that point. www.sec.gov/litigation/complaints/2011/comp21907.pdfThis is a story that has been mis-understood by 180 degrees by many. If anything, it supports the fact that MNKD was headed for a 2nd CRL regardless of Martin S. Martin sent his letter on Christmas day, only 10 days before Liang short sold MNKD. See page 12: www.citizensforethics.org/page/-/PDFs/Legal/Investigation/7-9-12_Shkreli_NY_US_Attorney_Exhibits.pdf?nocdn=1So that must have been a walloping letter, sent over the holidays, and causing a reversal in decision on the second business day of the new year. Or, as Occam's razor would cut, it had nothing to do with anything. Which makes more sense? 1. The FDA was not going to approve Afrezza since they were following their own policies re: in vitro / in vivo bioequivalence studies, and MNKD had not reviewed their approach with the FDA before resubmission and were thus incomplete in their approach. Martin S wrote an email asking the FDA to do what they were going to do anyway, so his email was irrelevant. He was simply a lucky bystander. -or- 2. The FDA decided to break their own rules and "give MNKD a break", but upon receiving an email from a small-time short investor decided to call an emergency meeting over the Christmas break, collude with hedge funds and reverse their decision; overturning a year of scientific review and recording this change in their internal systems in time for the insider trading chemist to see it on the second day back in the New Year. Seriously - the first is backed up by evidence (SEC complaint against the chemist and FDA briefing documents) and common sense. The second is backed up by a need for a villain. Shkrelli was a lucky punk, plain and simple. The CRL was because MNKD management did not honor the FDAs request for a review of the in vitro bioequivalency data before they re-submitted. (From the FDA briefing doc)
www.fda.gov/downloads/AdvisoryCommittees/CommitteesMeetingMaterials/Drugs/EndocrinologicandMetabolicDrugsAdvisoryCommittee/UCM390864.pdf |
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Post by gtay87 on Nov 6, 2016 19:23:42 GMT -5
That was a really long "small correction" but completely new to me. Thanks.
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Post by derek2 on Nov 6, 2016 19:41:11 GMT -5
That was a really long "small correction" but completely new to me. Thanks. HAHAHA!! Well, I guess I was trying to say that I agreed with the rest of his post. |
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