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Post by uvula on Feb 1, 2017 17:44:14 GMT -5
The proxy says there are currently 700M shares. I thought it was closer to 400M.
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Post by liane on Feb 1, 2017 17:45:50 GMT -5
I think it's that 700M are authorized, only ~ 450M issued.
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Post by od on Feb 1, 2017 17:47:06 GMT -5
The proxy says there are currently 700M shares. I thought it was closer to 400M. Allotment for grants and options? On the call Matt mentioned it was important that everyone in sales be a shareholder. |
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Post by Deleted on Feb 1, 2017 17:54:55 GMT -5
I think it's that 700M are authorized, only ~ 450M issued. 480 million + 50 million share warrants |
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Post by mnholdem on Feb 1, 2017 18:07:55 GMT -5
liane is correct. The addition shares were authorized by shareholders at the Annual Shareholders Meeting.
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Post by babaoriley on Feb 1, 2017 18:09:35 GMT -5
And I'm going to vote each and every one of my options! Oh... what's that you say? Oh.
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Post by esstan2001 on Feb 1, 2017 18:14:19 GMT -5
And I'm going to vote each and every one of my options! Oh... what's that you say? Oh. Your options are limited. My options are limited. We're all limited in our options. So sit back, relax, and pour yourself some spirits. BTW speaking of spirits, how is Spiro? |
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Post by patten1962 on Feb 1, 2017 18:31:57 GMT -5
So would that mean after the split their would be 140 million shares?
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Post by babaoriley on Feb 1, 2017 19:13:56 GMT -5
And I'm going to vote each and every one of my options! Oh... what's that you say? Oh. Your options are limited. My options are limited. We're all limited in our options. So sit back, relax, and pour yourself some spirits. BTW speaking of spirits, how is Spiro? Spiro is doing fine! I talked to him just a couple of days ago. Other than MNKD, life is good for him, Afrezza is keeping him very well in check! Not only are our options limited, we're going to likely have a lot fewer of them soon; however, they will be worth more (hopefully proportionately). |
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Post by agedhippie on Feb 1, 2017 19:20:31 GMT -5
So would that mean after the split their would be 140 million shares? Between 160M and 48M depending on the ratio used in the split based on a float of 480M shares today. |
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Post by sophie on Feb 1, 2017 22:47:03 GMT -5
They're kinda along for the ride just like the rest of us, but I wonder what the Mann group thinks about all of this. Once we dilute, their ownership will get reduced drastically.
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Post by mnkdfann on Feb 1, 2017 23:06:15 GMT -5
They're kinda along for the ride just like the rest of us, but I wonder what the Mann group thinks about all of this. Once we dilute, their ownership will get reduced drastically. Will it really matter to them if their ownership is reduced? |
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Post by sophie on Feb 1, 2017 23:23:53 GMT -5
I'm not sure why you would ask that question. Afrezza was Al's baby. I'm sure they want to keep a controlling interest in it. If we do a 10 for 1 then dilute another 10M minimum, they'll lose control.
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Post by mnkdfann on Feb 1, 2017 23:37:06 GMT -5
I'm not sure why you would ask that question. Afrezza was Al's baby. I'm sure they want to keep a controlling interest in it. If we do a 10 for 1 then dilute another 10M minimum, they'll lose control. Keep a controlling interest? AFAIK, they do not have a controlling interest now. |
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Post by sophie on Feb 2, 2017 2:11:00 GMT -5
I'm not sure why you would ask that question. Afrezza was Al's baby. I'm sure they want to keep a controlling interest in it. If we do a 10 for 1 then dilute another 10M minimum, they'll lose control. Keep a controlling interest? AFAIK, they do not have a controlling interest now. Thought I remembered Al had over 200 mil shares. Think some might have gotten sold when they got inherited. Not sure, so you may be right. In any case, a 10 for 1 would remove MNKD further from Al's family once more dilution occurs. That makes me sad to think about it. |
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