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Post by lakers on Apr 5, 2017 11:11:28 GMT -5
All should become clear shortly. Whether the company wants to authorize more shares, obtain another R/S authorization, create a new class of stock, etc. all require a shareholder vote, and that is most economically done as part of the annual meeting. When the DEF 14A is published calling for the meeting, read the proxy carefully and the proposed resolutions should tell you which way this is headed. In recent years the DEF 14A came out in mid to late April, so that is just a few weeks away. Until then, all anybody can do is guess and that creates more panic than anything else. This year's Annual Meeting will be held in Danbury on 5/18/17. You should receive a notice shortly after our scheduled mailing date of 4/7/17. As Matt stated on 3/16/17, subsequent to the settlement with Sanofi, our cash balance didn't require an immediate need for funding. We are, obviously, continuing discussions with our current noteholders and other financing opportunities we have been approached with. Matt continues to focus on non-dilutive opportunities, if possible. Read more: mnkd.proboards.com/thread/6408/mnkd-state-union?page=19#ixzz4dOMWTpdk
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Post by taylor810dn on Apr 5, 2017 12:27:23 GMT -5
Obviously the big boys are taking full advantage of the uncertainty and fear, I can't believe the selling at these PPS levels would be anything remotely close to a realistic impact that it would take to give this an almost 50% haircut since the pre R/S price. But to the manipulators/naked shorts/shorts that have the most to gain, the company silence is golden. Add that to all the broken promises and company disappointments and it would seem MNKD should get a big ASSIST in the total trashing of the company market value.
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Post by ilovekauai on Apr 5, 2017 14:22:06 GMT -5
I'm giving strong consideration to attending the AM next month and hope others are too. I would love to meet most of you! Aloha.
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