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Post by mnkdfann on Jan 3, 2017 20:41:24 GMT -5
Wrong! They have another 180 days extension if they ask for one. MNKD does not qualify for the 180 extension you are talking about. This has been discussed ad nauseum in other threads on this forum. (Of course, one can hope that the NASDAQ will bend its own rules. It could happen.)
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Post by dreamboatcruise on Jan 3, 2017 20:45:14 GMT -5
I thought today's announcement was awesome. Considering RLS is picking up all R&D costs including MNKD labor a $1M payment is just icing on the cake. What today's announcement says is RLS/MNKD is not only real but has now setup the clinical manufacturing environment to brew the CBD/TCH combo and place it on Technosphere. I suspect they replicated the clinical manufacturing environment MNKD had for afrezza trials. If so I suspect human trials are not far behind and should go pretty quick. CBD/THC/FDKP are all known entities. What separates this combo apart from the GWPH's is the ability to precisely dose plus the cricket is cool. Now,GWPH has a market cap of $2.8B and MNKD's is $302M or a $5 adder to the current pps. If RLS can bring financial stability to MNKD, it will remove one more roadblock in the way of afrezza. I suspect the majority of the remaining $101M will not come until FDA approval. Hopefully "majority... not come until FDA approval" is overly pessimistic... unless by that you mean $50.1M at approval. Approval is still a long ways out so anything at approval will have negligible effect on financial stability for MNKD when it needs it. By that time Afrezza will have already shown its potential in the market or it will likely be too late for the RLS money to matter. I would imagine there will be increasing milestones in the iterim, however.
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Post by buyitonsale on Jan 3, 2017 22:37:02 GMT -5
It's not about milestones, even though Mannkind can use the money now. This collaboration agreement is about royalties when the real business starts. 10% of non toxic dose of cannabis.
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Post by surplusvalue on Jan 3, 2017 23:29:23 GMT -5
The only hope is to start selling a lot more Afrezza. We need to see an uptick in NRx in the next 4-6 weeks with corresponding uptick in TRx 4-6 weeks after to show patients are refilling their Rx. Without this, MNKD is dead. Everything else is a non-issue. A strong uptick in Rx would demonstrate that the company has the right strategy and is making progress. Perhaps not to break even but with enough progress, SP goes up and getting investment capital at a reasonable cost becomes realistic. If a RS is done and Afrezza sales do not pick up, how long will it take before the shorts unload on MNKD and drive SP down again - not long. 10 / 1 RS would have SP around $6 / share. Anyone seriously think that without an uptick in prescriptions a RS share price of $6 would hold for a few weeks at best and more likely a few days maybe? The big boy shorts or the ones that are hell bent that MNKD will go bankrupt will short this stock at any price. R/S to $6 would probably take 3 days to short back down under $1, hell a R/S to $20 I bet it would take less than 2 weeks to be back under $1. Personally I am out if they ever announce a R/S. Agreed. Not sure why so many here think a reverse split will save the company;they certainly havent offered up any concrete realistic explanations as to how a RS would produce anything positive. They seem to think it is some sort of panacea. I have explained numerous times why a RS without anything substantial fully ready to back it up will not achieve anything and we will see the sp collapse again. There is no way the principle shareholders are going to ok a RS just to see the whatever value they now have in MNKD disappear even further for no good or logical reason. A RS under the present circumstances will be "ll bacio della morte" for existing shareholders.
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Post by kball on Jan 3, 2017 23:40:27 GMT -5
Calling David Copperfield
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Post by lakers on Jan 4, 2017 0:01:37 GMT -5
It's not about milestones, even though Mannkind can use the money now. This collaboration agreement is about royalties when the real business starts. 10% of non toxic dose of cannabis. I did try to emphasize royalty of 12-15% is a cash cow if RLS succeeds.
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Post by afrezzamiracle on Jan 4, 2017 0:16:11 GMT -5
Only if MNKD survives long enough to be a going concern to capture the RLS royalties. If we don't start selling some Afrezza we are in real trouble.
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Post by slugworth008 on Jan 4, 2017 0:41:14 GMT -5
It's not about milestones, even though Mannkind can use the money now. This collaboration agreement is about royalties when the real business starts. 10% of non toxic dose of cannabis. The announcement made me inhale.
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Post by afrezzamiracle on Jan 4, 2017 0:44:00 GMT -5
If MNKD/RLS need any volunteers to test the Technosphere marijuana I'd be more than happy to partake! I think the pain of being a very long time MNKD shareholder has more than qualified me for this therapeutic relief!
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Post by careful2invest on Jan 4, 2017 2:57:45 GMT -5
If MNKD/RLS need any volunteers to test the Technosphere marijuana I'd be more than happy to partake! I think the pain of being a very long time MNKD shareholder has more than qualified me for this therapeutic relief! I'll be happy to sign up too! And Afrezzamiracle, we are both listed as researchers on Proboards, it's only fitting that we partake. And I'm even taking meds for chronic pain. That should ensure my spot on the research team. That sign up sheet may fill up fast! GLTA
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Post by LosingMyBullishness on Jan 4, 2017 3:19:25 GMT -5
If MNKD/RLS need any volunteers to test the Technosphere marijuana I'd be more than happy to partake! I think the pain of being a very long time MNKD shareholder has more than qualified me for this therapeutic relief! I'll be happy to sign up too! And Afrezzamiracle, we are both listed as researchers on Proboards, it's only fitting that we partake. And I'm even taking meds for chronic pain. That should ensure my spot on the research team. That sign up sheet may fill up fast! GLTA No black box warning, no patient resistance. That would be so nice for MNKD veterans.
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Post by kball on Jan 4, 2017 8:50:43 GMT -5
If MNKD/RLS need any volunteers to test the Technosphere marijuana I'd be more than happy to partake! I think the pain of being a very long time MNKD shareholder has more than qualified me for this therapeutic relief! I'll be happy to sign up too! And Afrezzamiracle, we are both listed as researchers on Proboards, it's only fitting that we partake. And I'm even taking meds for chronic pain. That should ensure my spot on the research team.That sign up sheet may fill up fast! GLTA Opposite. Would disqualify you most likely. If it is an issue, and you still want to go ahead with the study, I'll happily take your pain meds
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Post by agedhippie on Jan 4, 2017 10:30:22 GMT -5
The big boy shorts or the ones that are hell bent that MNKD will go bankrupt will short this stock at any price. R/S to $6 would probably take 3 days to short back down under $1, hell a R/S to $20 I bet it would take less than 2 weeks to be back under $1. Personally I am out if they ever announce a R/S. Agreed. Not sure why so many here think a reverse split will save the company;they certainly havent offered up any concrete realistic explanations as to how a RS would produce anything positive. It depends if the alternative is delisting. It may be that a reverse split is the only way to get the share price over $1.
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Post by 2011mnkdguy on Jan 4, 2017 12:32:00 GMT -5
I thought Yahoo message boards were bad but this board has turned into Yahoo. The lies on here are disgraceful. If you expected more than one million in the first milestone payment then it is on you. Matt never said or said anything to lead you to believe it would be more than one million. The bashers on this site are worse than the old yahoo message board, now all we need is kevinmik and his short position to partake here.
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Post by surplusvalue on Jan 4, 2017 13:46:45 GMT -5
Agreed. Not sure why so many here think a reverse split will save the company;they certainly havent offered up any concrete realistic explanations as to how a RS would produce anything positive. It depends if the alternative is delisting. It may be that a reverse split is the only way to get the share price over $1. Again, haven't seen any reasonable convincing explanations in any threads about this topic as to why an RS would be preferable to delisting under the present circumstances in MNKD's specific case. None, just assertions or inferences that delisting would be worse or that a RS is some sort of panacea. In my responses to this issue I have numerous times explained why the options under delisting were preferable and havent received any arguments to the contrary.(maybe opinions but nothing grounded in sound judgement.) In either case its a choice among two negatives and I asked about positive. An election just took place which was also about two negatives. How did that work out for you? A RS would be analogous to trying to bail a boat taking on water using a sieve. In any case, my full post also indicated that the principle shareholders will need a reasonable convincing explanation for supporting a RS so I think its pretty much a mute point.
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