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Post by Deleted on May 16, 2017 22:08:46 GMT -5
Free stock promotion until heard otherwise. It cost money to send thousands of post cards out and then 800 toll free number that nobody returns call from. There is more to the situation.
Stay Tuned.
It costs next to nothing to set up an 800 number or send post cards.
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Post by Deleted on May 16, 2017 22:14:34 GMT -5
So Matt and team have had enough (and rightfully so) of answering some of the dumbest questions imaginable from a large shareholding community that has no business investing in the stock market. I can only imagine some of the gems that get every day.
I wonder if enough shares were moved to Aegis could it help with shorting.
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Post by myocat on May 16, 2017 22:18:16 GMT -5
Aegis is a scam.
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Post by zoller35 on May 16, 2017 22:28:02 GMT -5
100% If MNKD authorized this they all ought to be fired.
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Post by kuka on May 16, 2017 23:36:57 GMT -5
Interesting angle from another board ...maybe AEGIS knows what is coming and wants to manage the money of the new MNKD millionaires. They are looking for customers once the Buy Out Happens.
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Post by brotherm1 on May 16, 2017 23:42:50 GMT -5
Sounds totally illogical to me. If they believe there will be a buyout at a price that will make millionaires, all they would need to do is buy the stock at current prices
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Post by Deleted on May 17, 2017 0:11:43 GMT -5
Sounds totally illogical to me. If they believe there will be a buyout at a price that will make millionaires, all they would need to do is buy the stock at current prices So totally illogical that you question them investing in the stock market?
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Post by boca1girl on May 17, 2017 6:50:02 GMT -5
Based on all the comments I see here, I don't believe MNKD is behind this Aegis activity.
Someone posted a quote by a MNKD "IR person" (that was unnamed), inferring that MNKD wanted Aegis somehow involved as a conduit to shareholders. Even if MNKD had presented at one of their conferences and gave them a tour of the facilities recently, I JUST DON'T BELIEVE THAT MNKD ENDORSED THIS YELLOW POSTCARD MAILING BY AEGIS.
I agree with many here that Aegis is just cold calling, trying to drum up business.
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Post by hans on May 17, 2017 7:03:42 GMT -5
The return address on the post card shows Mannkind Corp., Valencia, CA. This is probably the reason why we think it is coming from MNKD. Someone on ST reported that Aegis offered 3-4 x's the current share price. I called yesterday and only received a voicemail for extension 336 (typical garbage scam).
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Post by matt on May 17, 2017 7:20:59 GMT -5
How much did it cost for them to get a list of MannKind investors? That in itself (in my mind) is quasi illegal... It doesn't cost much. The list comes from the DTC, not the company or your broker, and the last time I was involved in pulling a NOBO list (it was some years ago) it was five cents per record. That charge covers the data processing cost from ADP who manages the list on behalf of the DTC. I suspect the cost is cheaper now and I would be shocked if it was more. Note that the list is not all shareholders; it is just shareholders that hold shares in street name who have not opted out of the list. At $50 per thousand names (or less) we are not talking about a big investment to acquire the list. Any transfer agent can request a NOBO list and the person asking for the list can use it for any legal purpose. It is not illegal to buy and use a mailing list; if it were my mailbox would be empty most days.
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Post by nadathing on May 17, 2017 7:54:28 GMT -5
Based on all the comments I see here, I don't believe MNKD is behind this Aegis activity. Someone posted a quote by a MNKD "IR person" (that was unnamed), inferring that MNKD wanted Aegis somehow involved as a conduit to shareholders. Even if MNKD had presented at one of their conferences and gave them a tour of the facilities recently, I JUST DON'T BELIEVE THAT MNKD ENDORSED THIS YELLOW POSTCARD MAILING BY AEGIS. I agree with many here that Aegis is just cold calling, trying to drum up business. MNKD would have made an announcement that they had authorized this.
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Post by jersey on May 17, 2017 8:18:57 GMT -5
Based on all the comments I see here, I don't believe MNKD is behind this Aegis activity. Someone posted a quote by a MNKD "IR person" (that was unnamed), inferring that MNKD wanted Aegis somehow involved as a conduit to shareholders. Even if MNKD had presented at one of their conferences and gave them a tour of the facilities recently, I JUST DON'T BELIEVE THAT MNKD ENDORSED THIS YELLOW POSTCARD MAILING BY AEGIS. I agree with many here that Aegis is just cold calling, trying to drum up business. MNKD would have made an announcement that they had authorized this. Boca, if you look at my posts you will see that i did in fact name who from MNKD IR i was in contact with. Your issue is that you are basing your opinion on the comments you see here (as you claim) instead of doing what i did and getting it from the source, which is Mannkind. Believe it or not they are very responsive to shareholders so i do suggest you reach out instead of speculating when it comes to things like this. I also received a follow up note from Rose saying that she is "proposing a post on the Mannkind website to clarify the mailer program". She is waiting on approval from legal/compliance.
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Post by boca1girl on May 17, 2017 8:37:40 GMT -5
I felt compelled to create a username and comment due to the rampant misinformation/speculation in this thread. I called Aegis and received their voicemail, Afterwards i emailed IR asking if the Aegis mailer was spam or something that should be taken more seriously. This is the response from Mannkind IR: "As for the mailing, given our limited resources, Aegis Capital, a firm who has followed MNKD for many years, proposed this FINRA approved shareholder communications program which represented a cost effective way to proactively communicate with our shareholders to provide corporate updates. Aegis did not charge MNKD any fee for this service nor do they receive any compensation whatsoever from MNKD related to their efforts on the Company's behalf. The firm provides corporate solutions, among other services, and this communication program was intended to demonstrate their full suite of capabilities related to client services which could include future financing, risk management services, employee benefit plans, etc.. Given our stock price and diminished market cap, despite commercial progress (albeit currently underwhelming), we viewed this program as a positive, very low cost outreach to our many stockholders. We often address the disgruntled who contact the Company and can only hope that our other stockholders are reading our press releases or listening to our periodic updates. Aegis was only deployed after an extensive in-person teach-in at our Danbury facility a couple of weeks ago, after which the Aegis team was equipped to provide our stockholders with a corporate update and to walk them through the opportunity we believe continues to exist at MNKD." Jersey, where do you name, by name, who made this quote? I will be looking for an official communication from MNKD on this subject.
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Post by jersey on May 17, 2017 8:49:56 GMT -5
I felt compelled to create a username and comment due to the rampant misinformation/speculation in this thread. I called Aegis and received their voicemail, Afterwards i emailed IR asking if the Aegis mailer was spam or something that should be taken more seriously. This is the response from Mannkind IR: "As for the mailing, given our limited resources, Aegis Capital, a firm who has followed MNKD for many years, proposed this FINRA approved shareholder communications program which represented a cost effective way to proactively communicate with our shareholders to provide corporate updates. Aegis did not charge MNKD any fee for this service nor do they receive any compensation whatsoever from MNKD related to their efforts on the Company's behalf. The firm provides corporate solutions, among other services, and this communication program was intended to demonstrate their full suite of capabilities related to client services which could include future financing, risk management services, employee benefit plans, etc.. Given our stock price and diminished market cap, despite commercial progress (albeit currently underwhelming), we viewed this program as a positive, very low cost outreach to our many stockholders. We often address the disgruntled who contact the Company and can only hope that our other stockholders are reading our press releases or listening to our periodic updates. Aegis was only deployed after an extensive in-person teach-in at our Danbury facility a couple of weeks ago, after which the Aegis team was equipped to provide our stockholders with a corporate update and to walk them through the opportunity we believe continues to exist at MNKD." Jersey, where do you name, by name, who made this quote? I will be looking for an official communication from MNKD on this subject. As of this post i have 4 posts total on my account so it should not be difficult to locate! Agree that Mannkind should have made an official communication prior to these mailers to eliminate this type of confusion.
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Post by sportsrancho on May 17, 2017 10:13:00 GMT -5
First e-mail came: I appreciate you taking some time with me today. As we discussed, here is the latest news and information regarding MannKind Corp. including the slide show from their most recent earnings report (see attached). I will reach out to you again in the next week to follow up on our previous conversation. If you have any questions, feel free to contact me before that. Regards, Brian Rockowitz Brian Rockowitz | Managing Director 510 Broadhollow Road, Suite 104 | Melville, NY 11747 (Toll Free: 1-877-866-4815 ext. 351 | (Local: 516-221-6600 ext. 351 | (Fax: 516-221-6820 www.AegisCap.comBrockowitz@AegisCap.com Member: FINRA/SIPC Note: This message (including any attachments) is intended for the personal and confidential use of the designated addressee(s) indicated above. If you are not the intended recipient(s) of this message please delete it and advise the sender (by return E-Mail or otherwise) immediately. Aegis Capital Corp. reviews and archives outgoing and incoming e-mail, which may be produced at the request of regulators and/or in connection with judicial/arbitral proceedings. Sender accepts no liability for any errors or omissions arising as a result of transmission. Use by other than intended recipients is prohibited. This transmission is neither an offer nor a solicitation to buy or sell securities. Opinions or estimates constitute Aegis Capital Corp.'s best judgment at this time and are subject to change without notice. Aegis Capital Corp. does not give any representation or warranty as to the reliability, accuracy or completeness of any third party material, nor does Aegis Capital Corp. accept any responsibility arising in anyway (including negligence) for errors in, or omissions from such third party material. The fact that third party information was provided through Aegis Capital Corp. does not constitute an endorsement, authorization, sponsorship, or affiliation by Aegis Capital Corp., its owners or its employees.
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