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Post by surplusvalue on Mar 2, 2017 12:11:14 GMT -5
Look at my posts regarding the RS, the various alternatives within the proposed split range and the issue of dilution and you'll see why i am not surprised by the 1 for 5 at all. Many were sure it was going to be 1 for 10 and almost immediate dilution. I indicated that I thought that this wasnt necessarilly going to be the case. I was correct. They used the RS for the listing issue and not for setting up dilution conditions. Don't count your chickens before they hatch etc. They still have to DO the RS. And then they STILL have to have 10 trading days above $1 to avoid delisting (should be trivial to achieve after the RS, but they still have to do it). Only then would they be expected to talk about dilution. You should actually read my posts and the corresponding discussions before you respond. And if you are going to quote me dont leave out the reference to where I explain why dilution would be unfavorable. And the RS is today, if you were not paying attention. And there certainly has been a lot of discussion about dilution and what makes you think MNKD would discuss it? They would just do it. "Only then would they be expected to talk about dilution." No shit sherlock. When I refer to immediate dillution its figurative not literal; it means soon after the RS. As for immediate dilution I'm certainly more comfortable with my assessment than yours; not that I'm aware that you offered any reasoned assessment at all.
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Post by lakers on Mar 2, 2017 12:24:19 GMT -5
1:5 was expected as it was cited, hinted as an example several times in the Prospectus.
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Post by surplusvalue on Mar 2, 2017 12:30:05 GMT -5
1:5 was expected as it was cited, hinted as an example several times in the Prospectus. Lakers. Hindsight is always 20/20 but I dont recall you discussing this possibility beforehand. Not that you responded to any of my posts about the range either. But like I said, being correct about something I was not happy about in the first place is no consolation at all.
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Post by Deleted on Mar 2, 2017 12:32:10 GMT -5
1:5 was expected as it was cited, hinted as an example several times in the Prospectus. whats the current state of the union? Matt going door to door of pharma companies with epihale deal?
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Post by lakers on Mar 2, 2017 12:37:54 GMT -5
1:5 is just a ratio. What will happen next is more important.
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Post by mnkdfann on Mar 2, 2017 12:50:17 GMT -5
Don't count your chickens before they hatch etc. They still have to DO the RS. And then they STILL have to have 10 trading days above $1 to avoid delisting (should be trivial to achieve after the RS, but they still have to do it). Only then would they be expected to talk about dilution. You should actually read my posts and the corresponding discussions before you respond. And if you are going to quote me dont leave out the reference to where I explain why dilution would be unfavorable. And the RS is today, if you were not paying attention. And there certainly has been a lot of discussion about dilution and what makes you think MNKD would discuss it? They would just do it. "Only then would they be expected to talk about dilution." No shit sherlock. When I refer to immediate dillution its figurative not literal; it means soon after the RS. As for immediate dilution I'm certainly more comfortable with my assessment than yours; not that I'm aware that you offered any reasoned assessment at all. I did read your posts etc. and I did not think it necessary to quote your complete 4 paragraphs as YOUR POST WAS DIRECTLY ABOVE MINE! Geez, gimme a break. And I apologize if English is your second language and you are not up on verb tenses, but the RS only goes into effect today AFTER HOURS. That is in the future. It has not yet happened. Also, the shares have to trade above $1 for 10 days. That is ALSO IN THE FUTURE from now. As I said, it does not make sense for MNKD to 'talk' (i.e. issue a PR, make an SEC filing) about dilution until AFTER those events have taken place. (At least you agree with me about that.) So I would not expect any dilution announcement until end of March / April, around the time of the next quarterly earnings conference call.
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Post by kbrion77 on Mar 2, 2017 12:52:05 GMT -5
1:5 is just a ratio. What will happen next is more important. Of course, an Epi deal for $500MM upfront cash!!!!!!!
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Post by jonny80s on Mar 2, 2017 13:10:41 GMT -5
Just evened up my accounts with holdings in mnkd. LOL.
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1:5 split
Mar 2, 2017 13:17:53 GMT -5
via mobile
Post by Deleted on Mar 2, 2017 13:17:53 GMT -5
Just evened up my accounts with holdings in mnkd. LOL. Bad idea . You would have been rounded off with extra shares . If you had 6 or 7 or 8 or 9 shares , you will get 2 shares post split
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Post by cppoly on Mar 2, 2017 13:26:17 GMT -5
I know this has been mentioned before but just to confirm, even though the RS 1:5 was approved, doesn't mean it's 100% certain that it will happen correct? Still a possibility for 180 day extension? Cash infusion, etc.?
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Post by matt on Mar 2, 2017 13:29:26 GMT -5
I know this has been mentioned before but just to confirm, even though the RS 1:5 was approved, doesn't mean it's 100% certain that it will happen correct? Still a possibility for 180 day extension? Cash infusion, etc.? It is 100% certain to happen, effective at the end of the day today. See this morning's 8-K for the details.
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1:5 split
Mar 2, 2017 13:31:28 GMT -5
via mobile
Post by Deleted on Mar 2, 2017 13:31:28 GMT -5
I know this has been mentioned before but just to confirm, even though the RS 1:5 was approved, doesn't mean it's 100% certain that it will happen correct? Still a possibility for 180 day extension? Cash infusion, etc.? I will be infusing about 300 mil in cash tonight. Calling MAnnkind as we speak
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Post by cppoly on Mar 2, 2017 13:36:13 GMT -5
I know this has been mentioned before but just to confirm, even though the RS 1:5 was approved, doesn't mean it's 100% certain that it will happen correct? Still a possibility for 180 day extension? Cash infusion, etc.? It is 100% certain to happen, effective at the end of the day today. See this morning's 8-K for the details. Oh, wasn't there talk on here about the possibility of the RS being approved just to get the 180 day extension?
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Post by peppy on Mar 2, 2017 13:41:14 GMT -5
It is 100% certain to happen, effective at the end of the day today. See this morning's 8-K for the details. Oh, wasn't there talk on here about the possibility of the RS being approved just to get the 180 day extension? I am trying to understand how the delisting is going to be handled as well. This is what I have from threads.
What good would that do? Even if MNKD executed the R/S today there are not 10 business days remaining between now and March 13. So either way, MNKD technically needs an extension.
Even if MNKD does a reverse split today, it will be getting a delisting notice for the reason you stated. So long as the hearing is requested within seven days, the delisting is suspended pending the outcome of the hearing, and during that hearing process the company can pull the trigger on the reverse split (or commit to doing so).
Read more: mnkd.proboards.com/thread/7360?page=3#ixzz4aCAeKJur
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Post by kbrion77 on Mar 2, 2017 13:51:23 GMT -5
Oh, wasn't there talk on here about the possibility of the RS being approved just to get the 180 day extension? I am trying to understand how the delisting is going to be handled as well. This is what I have from threads.
What good would that do? Even if MNKD executed the R/S today there are not 10 business days remaining between now and March 13. So either way, MNKD technically needs an extension.
Even if MNKD does a reverse split today, it will be getting a delisting notice for the reason you stated. So long as the hearing is requested within seven days, the delisting is suspended pending the outcome of the hearing, and during that hearing process the company can pull the trigger on the reverse split (or commit to doing so).
Read more: mnkd.proboards.com/thread/7360?page=3#ixzz4aCAeKJur
From Q3-16 Transcript: One of the most frequently asked questions they are coming through on the online we ask has to do with delisting. I am not sure what exactly to say about that. I am not terribly concerned about delisting, I think, the news today we’re long way to solving that problem. It’s not going to be an issue till sometime in like the second quarter of next year by which point we have -- we expect to have a lot of this accomplish that will make this whole issue go away.
But I can tell you that a reverse split or such as that has not currently on the table. Doesn’t mean we never consider if we came to that. But, currently, we have no plans to do it. And I am hoping our dramatically improved financial position will help resolve some of this issue.Matt seems to think they have until second quarter 2017?
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