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Post by Deleted on Nov 10, 2017 20:50:40 GMT -5
falconquest profitability time-frame is longer than onhand cash will sustain the company. Shareholders should vote yes for the 140 million shelf.
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Post by falconquest on Nov 10, 2017 21:22:53 GMT -5
falconquest profitability time-frame is longer than onhand cash will sustain the company. Shareholders should vote yes for the 140 million shelf. And Mike was hired to market Afrezza. What has he done so far? I'm not saying that good things haven't happened but look at the script counts. They're terrible. I'm sure he feels that DTC advertising will pull us out of a slump but if the insurance obstacle isn't cleared up then it may just be throwing money away. This stock issue request kind of feels like a hail mary to me. I know people think Mike can walk on water but I haven't really seen anything solid under his tenure. He needs to sell product! I have been harping on this fact for a long time time now. It's time to get the job done! |
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Post by Deleted on Nov 10, 2017 21:45:54 GMT -5
falconquest if you recall, when Castagna arrived, scripts were in free-fall. He has stopped the slid, created titration packs, hired sales and marketing, trials, insurance, pipeline, ..., and has scripts increasing. Does that sound like he is earning his salary?
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Post by straightly on Nov 10, 2017 22:54:47 GMT -5
How many times are you going to post that you are voting no? Four or five more times? Ok, I’ll start posting every day I am voting YES! Hello is anyone out there? I have given up explaining that increase the authorization limit do not mean dilution YET and dilution at the right price CAN be GOOD for shareholders. But you being sporty... I am voting YES also, especially these shared I planned for trading but did not sell as I should. |
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Post by mnholdem on Nov 10, 2017 23:22:26 GMT -5
The increase in authorize shares will give the company more leverage and flexibility and at some date in 2018 I really won't mind too much when my shares slides from $24 to $22 from MannKind securing more cash through direct placement of more authorized shares, although I agree with tinkerbell that I'll like long time shareholders to be given an opportunity to purchase discounted stock. I'll be voting yes.  |
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Post by itellthefuture777 on Nov 10, 2017 23:55:37 GMT -5
Mouse trap
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Post by slugworth008 on Nov 11, 2017 0:52:23 GMT -5
Every time I look at the PPS - I ask for a double  |
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Post by akemp3000 on Nov 11, 2017 6:09:15 GMT -5
After reading great responses in this thread, I'm now of the following opinion: 1. The doubling of shares was sizable to give the company needed options in the forthcoming years as it strives to grow to become a significant BP. 2. A small portion of the newly proposed shares could be planned for something in the near future, i.e. marketing, partnership, etc. but it's anyone's guess. IMO, we'll hear something after the shares are authorized on December 13th and before the end of the year. 3. I'll vote to authorize the shares because the current management team knows a LOT more than we do about what's needed and I support them. It'll pass regardless. 4. Mike seems to be positioning the company for several major moves in the coming months following the label change, test results and DTC advertising. The biggest move is obviously focused on increasing Afrezza scripts but other moves will likely include international progress, domestic progress with a new distribution partnership and progress with the TS pipeline. Mike knows he's got to push all of these segments to get where he wants to go and he's already begun making changes to each in the past six months. 5. I really like the big picture for MNKD at this moment in time as does Nate and Kovacocy. I have no concern with the recent pps fluctuations that cause panic with short-term street traders and thinkers. Only two months ago, some were proclaiming this company was doomed. This recent trading range doesn't even register with my expectations for the forthcoming trading range of this company. 6. Nobody can guarantee what's really going to happen but as a recently intoxicated friend said, "I like what I think" |
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Post by sportsrancho on Nov 11, 2017 6:14:56 GMT -5
I do not agree with shareholders being able to purchase discounted stock. And I cannot in any way see that happening. ( As in a rights offering.)
Falcon, it would take too much time to wait for the insurance issues to get cleaned up. In the meantime we can let a lot of new people know about Afrezza, and some of those people will be able to get insurance. They are targeting the areas where the biggest prescribers are. Testing the market. Let’s see how that goes:-)
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Post by derek2 on Nov 11, 2017 7:44:14 GMT -5
Wait wait wait I thought Kent Kresa was awarded those shares @ $6 for his work as chairman? No - they were a purchase by the Kresa Family Foundation as part of the private placement. He had to pay every penny of $6 per share for them. |
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Post by derek2 on Nov 11, 2017 7:58:35 GMT -5
Campagnolo, a manufacturer of racing bike components, has a slogan: "In order to finish first, first you have to finish."
A proper marketing campaign takes money. Let's raise the cash and get on with it. I mean really get on with it. Hire, advertise, distribute. The market isn't coming to us on its own and it's gonna take investment to earn market share.
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Post by brotherm1 on Nov 11, 2017 8:10:00 GMT -5
Yes, from the words of Marvin Gaye, let’s get it on.
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Post by rockstarrick on Nov 11, 2017 8:50:40 GMT -5
Yes, from the words of Marvin Gaye, let’s get it on. I don’t think this was what Marvin had in mind 😂😂 Great Artist, even better song, just not enough grit for our Mannkind Git r done song. Agree with Derek, let’s do this |
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Post by golfeveryday on Nov 11, 2017 9:01:42 GMT -5
Checks and balances. Speaking of devaluation... has congress ever doubled the debt ceiling in one vote? This is precisely why some of us are upset of the vote we are presented. Management has picked a huge number (I've yet to have anyone say they've ever seen a doubling of authorized shares for a public company), and undoubtedly would then act like anyone voting against it is wanting bankruptcy. Doubling of shares vs bankruptcy is a needless false binary choice created by management. Which would I prefer... a lot less authorized shares until management has a track record of successfully creating investment value with dilution rather than destroying it. I will be voting against it as a message that I don't appreciate the choice they are forcing upon us and don't appreciate that they didn't even feel the need to seriously address the finances and the proxy on the CC. I urge others that are upset to do the same. I have no illusion that the no vote will prevail. So let's just say the "NO" vote does prevail,,,,, then what ?? can’t imagine The mann group and Deerfield would even allow the vote to happen if it was not already a forgone conclusion as to a ‘yes’ outcome. |
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Post by rockstarrick on Nov 11, 2017 9:08:06 GMT -5
So let's just say the "NO" vote does prevail,,,,, then what ?? can’t imagine The mann group and Deerfield would even allow the vote to happen if it was not already a forgone conclusion as to a ‘yes’ outcome. Yes, I just wanted to see what other options DBC had in mind, a no vote leaves this dog on a pretty short chain again. I now have shares in 3 different accounts, I’ll be voting yes on all 3 |
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