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Post by sayhey24 on Apr 7, 2017 18:43:42 GMT -5
No poison pill in place either. It seems BoD wants Mnkd to be taken over. Remember the original plan; 1. get approval 2. work kinks out of the manufacturing process 3. have the marketing partner pilot afrezza and get real world feedback to establish sale $ value 4. install and get approval on the 3 production lines 5. get approval of Gen2 6. sell company and have new owner announce broad product release with Gen2
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Post by slugworth008 on Apr 7, 2017 19:23:21 GMT -5
I'll be voting no for the directors. It won't matter but I can't support them remaining as members after the last couple of years of shareholder destruction and terrible decisions. The Mann Group will have the final say, but I'm hoping someone there is as fed up as the rest of us and exercises some authority. I too will be voting NAY!
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Post by slugworth008 on Apr 7, 2017 19:25:51 GMT -5
Sounds to me like they are setting up to go private. Please explain your rational for this post.
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Post by mnkdfann on Apr 7, 2017 22:47:16 GMT -5
Page 31: "In February 2017, the Board determined that these objectives were achieved at the level of 60%; accordingly, 60% of the target bonus opportunity for each executive officer was paid as a discretionary bonus for 2016." Yay! You deserve it guys. 2016 was a fantastic year. Don't let anyone tell you otherwise.
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