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Post by dreamboatcruise on Feb 2, 2017 12:37:27 GMT -5
I still do not think that AFREZZA will not end up being successful. Yes, a rs is not the direction that I want to go either, but due to many factors, this is where we find ourselves. But you never know... Here's one for you...What if this threat of a rs is merely a ploy to shake out the weak, Then a partnership (or anything super positive)gets announced and the shorts get crushed, and the pps soars! That would be "epic" now wouldn't it? I think that the Makers might be kicking in... GLTA TRUE LONGS! They cannot get a partnership. Please tell me you do not seriously believe what you posted about the r/s. They will r/s, dilute and then pray their sales folks can move the needle. There is no interest in an Epi partnership as of right now don't you think they would give that partner the world for any type of cash in return? It is what it is right now and the realists here (aka to some as the FUDsters) have warned people all along to stay grounded things are not as great as they seem. I suspect careful is onto something here. Likely the whole deal with SNY was merely to set up this epic short squeeze. Careful, we are being sarcastic, right? |
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Post by oldfishtowner on Feb 2, 2017 12:38:02 GMT -5
I believe a RS is required to qualify for the extension ?? does anybody know if this is true. You're right I looked it up on nasdaq website , a short term plan wth an approved r/s is required to qualify. See language below. Nasdaq FAQ What happens if a company does not regain compliance with the minimum bid price requirement during the compliance period? If a company is unable to resolve its bid price deficiency during the applicable compliance period, Nasdaq Staff will issue a delisting letter. At that time, the company may request a hearing before a Hearing Panel, which will stay the delisting. The company will have the opportunity to present its plan to regain compliance to the Panel. This plan of compliance should include implementation of a reverse stock split in the near term. In appropriate cases, and so long as a company commits to implementation of a reverse split within 180 days of the delisting notification, Panels may also consider other factors, such as the company's fundamental financial strengths and weaknesses, the overall market, the company's historical bid price, and impending disclosures, corporate actions and strategic business plans that the company believes may impact its bid price. According to the above, the R/S has to be approved by the stockholders to qualify for an extension, but does not have to have been implemented. The company only has to execute the R/S sometime during the 180-day extension period. Questions for consideration: Will the company implement the R/S before the original delisting deadline or use the stockholder approval of the R/S plan to request an extension? If the company requests an extension, how long does it usually take the Nasdaq to make a decision? What are the chances of MNKD being granted an extension? If MNKD is granted an extension, does MNKD have enough cash and the capability to turn the company around before any dilutive financing is necessary? |
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Post by dreamboatcruise on Feb 2, 2017 12:59:10 GMT -5
It had never occurred to me how problematic the packaging issue would be. That is one thing that came into perspective for me during the call.
Another bit of new perspective for me was that some of the insurers have coverage deals that last for a couple of years, making the road to good payer coverage a long one. In my mind this is one of the biggest stumbling blocks. I've always speculated that there is some ill defined threshold for coverage below which many doctors won't want to bother with Afrezza.
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Post by babaoriley on Feb 2, 2017 13:30:33 GMT -5
Hey babaoriley - Tell the truth...was that the first time you've ever actually used the word "perspicacity" in a sentence? I had to look it up. You a truly provide this forum with a plethora of salutiferous scintillating sentences. Salute!  LOL, Holdem, I try to use that word at least once a day! Yeah, it may have been my first time using it here, and likely less than half dozen times in writing over the course of a lot of writing over the many years. I use it rarely in speech, as it's somewhat difficult for me to pronounce the darn word! But I salute you on being perspicacious, which is a lot easier for me to pronounce! |
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Post by babaoriley on Feb 2, 2017 13:31:27 GMT -5
Hey babaoriley - Tell the truth...was that the first time you've ever actually used the word "perspicacity" in a sentence? I had to look it up. You a truly provide this forum with a plethora of salutiferous scintillating sentences. Salute! Expensive schools must be worth for something. Very true, but they weren't expensive when I attended! |
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Post by MnkdWASmyRtrmntPlan on Feb 3, 2017 15:07:22 GMT -5
Yes, I am. I believe we will be over a dollar by EOD Thursday. .....and what is your new prediction Mr. RetrmntPlan? My new prediction is that I will be working until I am 70.  JK. I really thought there would be some partner news in the CC. The good thing there is that MNKD still has total control of everything, so no need to split the proceeds. So now, we are back to just hoping for sales to take off. The good thing there is that we are practically at zero now, so some decent improvement will appear like real traction, which will hopefully push the sp, and eventually the squeeze. Here's hoping for some REAL traction. Mike said the table is set. Let's hope everyone is hungry. Go Mike! Go New Sales Team #3!  |
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Post by promann on Feb 3, 2017 15:37:15 GMT -5
.....and what is your new prediction Mr. RetrmntPlan? My new prediction is that I will be working until I am 70. JK. I really thought there would be some partner news in the CC. The good thing there is that MNKD still has total control of everything, so no need to split the proceeds. So now, we are back to just hoping for sales to take off. The good thing there is that we are practically at zero now, so some decent improvement will appear like real traction, which will hopefully push the sp, and eventually the squeeze. Here's hoping for some REAL traction. Mike said the table is set. Let's hope everyone is hungry. Go Mike! Go New Sales Team #3! Hey mnkdismyretirement plan I hope your almost 70 don't tell me your not close because I want to live to see MNKD succeed and it's not doing much for my health with all this stress. My plan is to retire from MNKD also. Good luck to us all |
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Post by mnkdfann on Feb 7, 2017 10:27:18 GMT -5
If the 10 for 1 reverse split option was to prop the share price over $5.00 ... what is plan B?
I assume there is no way they can change the terms of the motion being voted upon between now and the Feb 24 meeting date.
Or can they?
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Post by anderson on Feb 7, 2017 10:43:23 GMT -5
If the 10 for 1 reverse split option was to prop the share price over $5.00 ... what is plan B? I assume there is no way they can change the terms of the motion being voted upon between now and the Feb 24 meeting date. Or can they? Did you read it..." effect a reverse stock split of our common stock at a ratio in the range of 1-for-3 to 1-for-10" . So they can go with a lower amount. Also if we go over $1 for 10 days before the meeting they are still going to vote and can elect to do the split any time within the next year if needed. |
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Post by mnkdfann on Feb 7, 2017 10:56:17 GMT -5
If the 10 for 1 reverse split option was to prop the share price over $5.00 ... what is plan B? I assume there is no way they can change the terms of the motion being voted upon between now and the Feb 24 meeting date. Or can they? Did you read it..." effect a reverse stock split of our common stock at a ratio in the range of 1-for-3 to 1-for-10" . So they can go with a lower amount. Also if we go over $1 for 10 days before the meeting they are still going to vote and can elect to do the split any time within the next year if needed. That does not answer my question. If the 1 for 10 ratio is insufficient to prop the price over $5, then so is the 1 for 3 ratio. So (as I asked before) assuming they want the new price over $5 can they change the terms between now and the meeting date and consider, say, a 1 for 15 ratio? |
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Post by anderson on Feb 7, 2017 17:16:58 GMT -5
Did you read it..." effect a reverse stock split of our common stock at a ratio in the range of 1-for-3 to 1-for-10" . So they can go with a lower amount. Also if we go over $1 for 10 days before the meeting they are still going to vote and can elect to do the split any time within the next year if needed. That does not answer my question. If the 1 for 10 ratio is insufficient to prop the price over $5, then so is the 1 for 3 ratio. So (as I asked before) assuming they want the new price over $5 can they change the terms between now and the meeting date and consider, say, a 1 for 15 ratio? What is so magic about $5. Though over $1 for 10 days is the goal. |
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Post by mnkdfann on Feb 7, 2017 18:05:02 GMT -5
Over $5 means that some additional institutional funds can start including it, and (presumably) more analysts will cover it.
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Post by cjm18 on Feb 7, 2017 19:36:26 GMT -5
Over $5 means that some additional institutional funds can start including it, and (presumably) more analysts will cover it. Will those funds buy small caps? |
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