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Post by surplusvalue on Apr 8, 2017 21:02:02 GMT -5
what is his total investment in mnkd and what % of his assets are betting on MNKD. DO the math. If its like a .00001% of AUM is the same thing as us betting $1000 Try saying something righteous for a change - "Always with them negative waves. Why dont you say something righteous and hopeful for a change" www.youtube.com/watch?v=Xyh-JpWdGmQ
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Post by slugworth008 on Apr 8, 2017 22:57:19 GMT -5
Try saying something righteous for a change - "Always with them negative waves. Why dont you say something righteous and hopeful for a change" www.youtube.com/watch?v=Xyh-JpWdGmQ Exactly! and one of the best war movies ever made - Rockstar cast.
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Post by slugworth008 on Apr 8, 2017 23:00:00 GMT -5
I think we're screwed! The BOD approves these terms that benefits everybody but the shareholder, disregards shareholder value, pay, healthcare, bonuses, for up to 18 months...where is all this money coming from? If the company goes bust they are all well taken care of. This Change of Control is something I've never heard as a matter of routine. It seems to me they are preparing for the final kiss good night. We've been getting screwed for years - perhaps something positive is actually going to happen - as in like soon.
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Post by careful2invest on Apr 9, 2017 1:44:11 GMT -5
what is it? Might be telling of something big.. I don't think this is routine. I agree. I am predicting Amgen being involved, and with their involvement, taking AFREZZA to success and a launch overseas as well! But, then again, we could be getting our hats handed to us...This is MNKD...So...Who really knows?? But based on the terms of the continued employment, etc. of the 8k, I honestly think a very positive event is looming! It would be about time, right?? GLTA TRUE LONGS!!
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Post by surplusvalue on Apr 9, 2017 3:36:55 GMT -5
what is it? Might be telling of something big.. I don't think this is routine. I agree. I am predicting Amgen being involved, and with their involvement, taking AFREZZA to success and a launch overseas as well! But, then again, we could be getting our hats handed to us... This is MNKD...So...Who really knows??But based on the terms of the continued employment, etc. of the 8k, I honestly think a very positive event is looming! It would be about time, right?? GLTA TRUE LONGS!! The shadow knows. This whole ride has been one big mystery and we've been beaten to a pulp. Transparency has never been MNKD's strong point. Hope for the best, prepare for the worst.
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Post by brotherm1 on Apr 9, 2017 4:44:57 GMT -5
This came out a few hours ago.. www.smarteranalyst.com/2017/04/07/taking-page-david-shaws-investment-book-mannkind-corporation-mnkd-valeant-pharmaceuticals-intl-inc-vrx-gilead-sciences-inc-gild/MannKind’s cash flow is continuing to dry up the well, and investors are starting to question whether there is enough staying power behind Afrezza, the biotech firm’s rapid acting inhaled insulin approved to improve glycemic control in adult patients with diabetes mellitus. With sales buried beneath 300 weekly prescriptions and looming quarterly revenue results that stand to be the weakest since the drug launched more than two years prior, uncertainty swims around MNKD’s prospects. Why is MNKD’s cash footing so dire? Let’s not forget that the firm has $20 million in debt payments hanging with a four-month deadline pressing overhead. Less than a year ago, MannKind turned to dilution as a Plan B, offering approximately 50 million shares in its stock at a discount of 30% to where the shares were trading at the time. Afrezza sales have subsequently sunk even further since the dilution, and cash does not look much better. However, when glancing at the most recent SEC filing, DE Shaw not only bets on MannKind, but does so in a big way, lifting 347% of its holding in MNKD to 5,275,095 shares worth $3,359K. Perhaps Shaw sees M&A potential that has him daring to risk the numbers.Looking at the numbers it comes out to around $0.63 per share. We were at around that price as recently as January-February. We were also around that price in November. Interesting article though I've been unable to find the SEC filing she is referring to. Has anyone else here been able to locate it?
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Post by falconquest on Apr 9, 2017 8:12:02 GMT -5
Well, since we're speculating (which is all we really can do) we can consider some obvious reasons for the CoC agreement. Here is more background...https://www.google.com/search?q=change+of+control+agreement+definition&ie=utf-8&oe=utf-8
We know that cash is running out and the company must do.....something. Matt was CFO so his game is numbers. He knows he has to address cash so perhaps it's a Technosphere spin-off to further fund the commercialization of Afrezza or maybe the opposite, selling off Afrezza to fund other Technosphere pipeline products which have languished due to cash constraints. Maybe the feeling is there are products that would be more readily accepted in the marketplace (EPI) and getting out from under Afrezza would allow further pipeline development. Additionally, the pressure is on as the ASM looms. He has to come up with something.
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC. Don't know how much real influence she has but I am sure Matt respects her position and she's no slouch.......http://aemf.org/item/claude-mann/
It is also possible at these price levels any BP could shell out pocket change at this market cap and either take control of the company or shut it down and make Afrezza go away forever. The CoC therefore protects management if that becomes an eventuality.
It could be they are simply updating the agreement to include past changes in management.
Personally, I would like to see a major event take place. Sell the company, sell off parts of it, develop a (I hesitate to use the word "partnership") co-operating agreement with another BP whether foreign or domestic.....something that will extend the runway, eliminate the question of Mannkind remaining a going concern and allow them to further develop the pipeline. So pick your option or propose others. I wish luck to all shareholders, you deserve a reprieve from the status quo.
Just a quick comment about hedge fund operator DE Shaw. His firm is described as "a sharp mathematical models-meets-algorithms dual-powered firm". I don't get how mathematical models apply to a company that is teetering on the brink struggling to sell it's product. I can see this type of analysis for a company that is stable and may be under or overvalued but I don't see how you can mathematically model a chance that the company may go out of business (or be acquired which may actually be easier to model) and then decide to make an investment in that business. There has to be another non-mathematical piece of information at play here. I can't believe they would simply "roll the dice" based on an algorithm but hey, what do I know?
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Post by derek2 on Apr 9, 2017 9:30:24 GMT -5
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC. Don't know how much real influence she has but I am sure Matt respects her position and she's no slouch.......http://aemf.org/item/claude-mann/ That's an interesting possibility. The Mann Foundation could be concerned as well, but who knows... If so, the 8-K could be a signal that change will come at a cost. My take: My prediction: The shareholder meeting will come and go with no change in ownership, no buyout, no change in management, no merger, no new partner. There may be some vague hints of future success to dangle a carrot for those who need tea leaves in order to further put off a difficult discussion with their SO about a failed investment. My second prediction: The couple of posters pretending to have insider information will once again be proven wrong. My third prediction: Those same posters will still find an audience.
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Post by dearlew9 on Apr 9, 2017 9:45:36 GMT -5
$MNKD Now I know why those filings Management got scared for what I have emailed them , that it could really happen Post from Stock Twits
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Post by mnkdfann on Apr 9, 2017 9:46:53 GMT -5
However, when glancing at the most recent SEC filing, DE Shaw not only bets on MannKind, but does so in a big way, lifting 347% of its holding in MNKD to 5,275,095 shares worth $3,359K. Perhaps Shaw sees M&A potential that has him daring to risk the numbers. Looking at the numbers it comes out to around $0.63 per share. We were at around that price as recently as January-February. We were also around that price in November. Interesting article though I've been unable to find the SEC filing she is referring to. Has anyone else here been able to locate it? I haven't looked for the filing, but I did come across this: markets.money.cnn.com/research/quote/shareholders.asp?symb=MNKD&subView=institutionalStockholder / Stake / Shares owned / Total value ($) / Shares bought or sold / Total change D. E. Shaw & Co. LP 1.10% 5,275,095 2,795,800 +4,093,600 +346.48% FWIW, the same link observes that The Vanguard Group Inc. and BlackRock Fund Advisors were big sellers.
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Post by sportsrancho on Apr 9, 2017 10:25:32 GMT -5
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC.
This was my first thought. ^
Second was another BP buying us for a low pps. If we can sell Afrezza in the next few months that might change. So I hope the shareholders meeting comes and goes...
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Post by slugworth008 on Apr 9, 2017 11:51:58 GMT -5
what is it? Might be telling of something big.. I don't think this is routine. I agree. I am predicting Amgen being involved, and with their involvement, taking AFREZZA to success and a launch overseas as well! But, then again, we could be getting our hats handed to us...This is MNKD...So...Who really knows?? But based on the terms of the continued employment, etc. of the 8k, I honestly think a very positive event is looming! It would be about time, right?? GLTA TRUE LONGS!! I, like everyone else, has zero idea what is going on - For me it's still about script numbers. If/When those show sustained growth that will open the door to positive options for the Co. IMO I would absolutely love waking up to positive a pre-market announcement tomorrow. But Surplus hit the nail on the head with MNKD - Hope for the best but prepare for the worst.
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Post by slugworth008 on Apr 9, 2017 11:53:29 GMT -5
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC. This was my first thought. ^ Second was another BP buying us for a low pps. If we can sell Afrezza in the next few months that might change. So I hope the shareholders meeting comes and goes... Mine first thought too Sports - Claude Mann cannot be happy - EYES is way, way down as well add MNKD to the mix and yeah....she has to be just a tad bit p-----d - JMHO
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Post by careful2invest on Apr 9, 2017 12:19:50 GMT -5
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC. This was my first thought. ^ Second was another BP buying us for a low pps. If we can sell Afrezza in the next few months that might change. So I hope the shareholders meeting comes and goes... You may be right. And still we can merely speculate...so I will... How many of us that realize the benefits and potential of AFREZZA have said (or thought) that we cannot believe that someone with deep pockets and a vision has not swooped in to take AFREZZA to the masses. This is what I believe may be taking place. Yes, it will take a great deal of money, but the return on investment would be huge! Why wouldn't they? AFREZZA is revolutionary. It is second only to a healthy human pancreas, etc. etc...We all know the benefits. MNKD has done most of the heavy lifting...They have developed an FDA Approved drug that works and works very well! Once enough people are exposed to it, It will naturally take a lead as the best treatment of Diabetes known to man. I admit, I have been taking a few tokes from the bong filled with hopium for quite some time now. But it would be hard to believe that something so beneficial to so many (Afrezza) can get squashed by greed and politics. I know that it can happen, and often does, but I have more hope than that for Mankind, Mannkind, as well as my investment! Either way, we are getting closer to a verdict one way or the other! GLTA TRUE LONGS!!
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Post by kbrion77 on Apr 9, 2017 12:34:00 GMT -5
Another possibility is that maybe Claude Mann has had enough. She gave Matt some time to get sales moving with the hiring of Castagna and wants a shake up in management due to the lack of progress and agreed to allow them to update the CoC. This was my first thought. ^ Second was another BP buying us for a low pps. If we can sell Afrezza in the next few months that might change. So I hope the shareholders meeting comes and goes... It's a bau filing to update the newer executives in my opinion, I would put that at 95% that's the case. But a hostile takeover would only be positive as 1. There would be huge volatility in the share price and give some people an opportunity to get out of the investment and 2. Would show that there is actually interest in MNKD.
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