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Post by slugworth008 on Nov 3, 2016 16:26:42 GMT -5
If you had ended the wording of that statement "...to everyone's satisfaction", you'd likely get a very different poll result. LOL and no doubt about that MN.
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Post by matt on Nov 3, 2016 16:36:59 GMT -5
My guess is that they will tell us they are considering several options and offer no specifics on raising cash. They have to be very careful of what they say, and don't say, at this point. Considering options plays into the hands of vulture financiers because they can just wait it out, teasing with term sheets, but never intending to consummate a deal prior to a bankruptcy. Management cannot make statements that are too positive, lest they open themselves up for a 10(b) lawsuit, nor can they be too negative or omit statements for the exact same reason. Vague illusions to discussions with undisclosed parties, even if true, play into the hands of class action lawyers.
If I were in their shoes I would consider presenting the Q3 operations as they are reported and end the call without further discussion or questions. I know that seems like the coward's way out but at this stage of the game they don't have a lot of choice unless they have a major announcement that is ready to be disclosed during the call. If they are still a few days away from making an announcement, is anybody going to care if they end the week with good news instead of doing it on the call itself?
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Post by careful2invest on Nov 3, 2016 16:41:28 GMT -5
Yes of coarse financing will be addressed! IMHO i think this will be a good CC with unexpected news that will bring us back over a buck SP after hours. Just one piece of good news is all we need and tell us how we are financed through 2017. Kaboom I hope that you are correct. If ever there was a critical time for positive news, this is it! Anything short of that will force the pps further down the chute. We need to hear about the progress on label changes as well as an approval date for pediactric use of AFREZZA by the FDA. Some news about RLS would be a nice shot as well! Come on Mike and Matt, show us something! GLTA TRUE LONGS!
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Post by Deleted on Nov 3, 2016 16:59:07 GMT -5
Yes of coarse financing will be addressed! IMHO i think this will be a good CC with unexpected news that will bring us back over a buck SP after hours. Just one piece of good news is all we need and tell us how we are financed through 2017. Kaboom I hope that you are correct. If ever there was a critical time for positive news, this is it! Anything short of that will force the pps further down the chute. We need to hear about the progress on label changes as well as an approval date for pediactric use of AFREZZA by the FDA. Some news about RLS would be a nice shot as well! Come on Mike and Matt, show us something! GLTA TRUE LONGS! Approval date of pediatric use? I am waiting to hear if the pediatric trial protocol is good to go
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Post by Deleted on Nov 3, 2016 17:50:58 GMT -5
Yes of coarse financing will be addressed! IMHO i think this will be a good CC with unexpected news that will bring us back over a buck SP after hours. Just one piece of good news is all we need and tell us how we are financed through 2017. Kaboom It will be interesting to see if people will ride this bet into earnings.
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Post by MnkdWASmyRtrmntPlan on Nov 3, 2016 17:52:12 GMT -5
Yes of coarse financing will be addressed! IMHO i think this will be a good CC with unexpected news that will bring us back over a buck SP after hours. Just one piece of good news is all we need and tell us how we are financed through 2017. Kaboom I agree, promann. I am hoping for at least 2 pieces of good news (or, maybe 3 or more). If not at least one, then hold your breath, cuz we're going down. Like Nate said, a new MNKD chapter will start ... just hopefully, it won't be #11.
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Post by MnkdWASmyRtrmntPlan on Nov 3, 2016 18:11:55 GMT -5
My guess is that they will tell us they are considering several options and offer no specifics on raising cash. They have to be very careful of what they say, and don't say, at this point. Considering options plays into the hands of vulture financiers because they can just wait it out, teasing with term sheets, but never intending to consummate a deal prior to a bankruptcy. Management cannot make statements that are too positive, lest they open themselves up for a 10(b) lawsuit, nor can they be too negative or omit statements for the exact same reason. Vague illusions to discussions with undisclosed parties, even if true, play into the hands of class action lawyers.
If I were in their shoes I would consider presenting the Q3 operations as they are reported and end the call without further discussion or questions. I know that seems like the coward's way out but at this stage of the game they don't have a lot of choice unless they have a major announcement that is ready to be disclosed during the call. If they are still a few days away from making an announcement, is anybody going to care if they end the week with good news instead of doing it on the call itself?
Matt, you are presuming that they have no good news to announce. If they have a deal being worked on, I think they would at the very least allude to it. That's what this cc is for. Even if they don't want to announce ALL their current thinking, ideas and plans, I'm thinking they will announce at least enough good news to get us over a buck-a-share, and put us safely back on the NASDAQ.
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Post by gamblerjag on Nov 3, 2016 18:43:03 GMT -5
Kaboom should only be used if we get to $5 bucks.... going to 1 or 2 bucks would be good... but it's only great for people that bought in the last few weeks I think we should be at 5 bucks now. Personally I think we need more than just one bit of good news for the KABOOM!!! GL
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Post by sportsrancho on Nov 3, 2016 18:59:12 GMT -5
Kaboom should only be used if we get to $5 bucks.... going to 1 or 2 bucks would be good... but it's only great for people that bought in the last few weeks I think we should be at 5 bucks now. Personally I think we need more than just one bit of good news for the KABOOM!!! GL Yes we need the scripts to go Kaboom.
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Post by letitride on Nov 3, 2016 19:26:50 GMT -5
Pretty clear to me that this cc is gonna be like a box a chocolates and aint anybody really sure what were gonna get.
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Post by falconquest on Nov 3, 2016 19:58:21 GMT -5
My guess is that they will tell us they are considering several options and offer no specifics on raising cash. This is my exact sentiment as well. Matt will tell us they have a plan to address financing, let us know they are not worried, but we will know no more than we know now. This will tank the stock price. If he hatches a plan for more dilution, that will tank the stock price as well. I just don't see an upside here and I am not optimistic. It's not like they are going to surprise us with some miracle solution.
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Post by surplusvalue on Nov 3, 2016 20:42:29 GMT -5
My guess is that they will tell us they are considering several options and offer no specifics on raising cash. This is my exact sentiment as well. Matt will tell us they have a plan to address financing, let us know they are not worried, but we will know no more than we know now. This will tank the stock price. If he hatches a plan for more dilution, that will tank the stock price as well. I just don't see an upside here and I am not optimistic. It's not like they are going to surprise us with some miracle solution. I concur on both these statements. Some people in this thread are confusing addressing the cash issue with making an announcement. Any material news would already have been announced unless they are able to time it exactly for the CC (unlikely) or they have nothing to announce. Hence we'll get only vague generalities as you both have suggested. The issue is whether they will even do this.
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Post by falconquest on Nov 3, 2016 21:04:04 GMT -5
This is my exact sentiment as well. Matt will tell us they have a plan to address financing, let us know they are not worried, but we will know no more than we know now. This will tank the stock price. If he hatches a plan for more dilution, that will tank the stock price as well. I just don't see an upside here and I am not optimistic. It's not like they are going to surprise us with some miracle solution. I concur on both these statements. Some people in this thread are confusing addressing the cash issue with making an announcement. Any material news would already have been announced unless they are able to time it exactly for the CC (unlikely) or they have nothing to announce. Hence we'll get only vague generalities as you both have suggested. The issue is whether they will even do this. They have to address it because if they don't the stock price will drop through the floor. Everyone wants to know how they plan to continue into the future. Matt better have a good answer.
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Post by broncolife on Nov 3, 2016 21:11:42 GMT -5
I actually believe the company is quiet for two reasons. (1) They are doing everything they can to keep this company going. (2) Everytime they say something, certain shareholders become impatient and question their motives. If I was them I wouldn't say anything anymore either. You cannot run a company in their current situation and worry about making everyone happy. You run it to stay alive, you run it to keep Al's dream alive, you run it to keep the most transformative Diabetes treatment on the market. Everything else is secondary! I am frustrated, I am underwater like most, but if the lack of communication means this company survives. I'll take that all day!
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Post by dictatorsaurus on Nov 3, 2016 21:12:07 GMT -5
It's going to be more of the same. Why do I believe so? Because we have no reason to think otherwise.
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