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Post by roseylv on Apr 21, 2017 17:03:32 GMT -5
Has anyone ever seen the documentary titled "Rodriguez"? Rodriguez was a blue collar construction worker / musician that was sign by a big label out of detroit. He produced his first record here in the US and it BOMBED!!! Sure enough, his music made it's way to South Africa (of all places) and wouldn't you know.....his music was a complete HIT. Like top of the charts!
Let's all dream for international success.
p.s it was a good film, so go watch it this weekend and think happy thoughts for our troubled MNKD positions of strength :-(
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Post by sayhey24 on Apr 21, 2017 17:30:11 GMT -5
Amphastar wanted the Chinese distributorship. They settled for an option. MNKD must have thought they have something in their back pocket. Who knows. If Al's $200M deal with that little country was ever real, they need to close it now.
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Post by dreamboatcruise on Apr 21, 2017 17:59:39 GMT -5
Being desperate for cash probably complicates any deal. I imagine it would be considerably more difficult to get a partner to put up any meaningful amount of cash given the lack of success in the U.S. market, yet MNKD needs cash.
At this point if they could get a deal with a credible international partner, even without upfront cash, it might restore enough confidence to allow them to raise money through an offering. Where we are right now, doing an offering to raise capital doesn't seem feasible.
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Post by radgray68 on Apr 21, 2017 18:36:06 GMT -5
Being desperate for cash probably complicates any deal. I imagine it would be considerably more difficult to get a partner to put up any meaningful amount of cash given the lack of success in the U.S. market, yet MNKD needs cash. At this point if they could get a deal with a credible international partner, even without upfront cash, it might restore enough confidence to allow them to raise money through an offering. Where we are right now, doing an offering to raise capital doesn't seem feasible. I think Matt was trying to convey that to investors in the last presentation when he said "IF" we do an offering it would be a good sign because that would mean we see something working and want to go further with it. This is it folks. Our last hurrah. Either sales pick up substantially in the next few months or...........kaput. Without the ability to sell the drug, raising additional cash would be testing the limits of what Matt's fiduciary responsibilities might be. Old ambulance chasers like Cohen and Cohen would be lined up with an actual case against the management this time. JMHO
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