Recent Posts

How many of the top execs usually show up at the ASM?

I wonder whether as many of them will be there, compared to years past.

I can't speak for everyone or anyone else, but I would say there is no connection (other than overall market weakness hurting both).

Also, UTHR recently reported a year over year decline in earnings (by about 5%).

It is The Mann Group that has the option to convert. So conversion is not gteed. And certainly not at $4 (Mann can renegotiate, or else refuse to convert).

"On March 11, 2018, the Company amended and restated the Mann Group Loan Arrangement to, among other things, (i) reflect the current outstanding principal balance of the existing loan of $71.5 million, after giving effect to the partial cancelation of principal in exchange for shares of the Company’s common stock described below; (ii) extend the maturity date of the loan to July 1, 2021; (iii) for periods beginning after April 1, 2018 require interest to compound quarterly; and (iv) permit the principal and any accrued and unpaid interest under the Mann Group Loan Arrangement to be converted, at the option of The Mann Group, at any time on or prior to close of business on the business day immediately preceding the stated maturity date, into shares of the Company’s common stock. The conversion rate of 250 shares per $1,000 principal amount of the Note, which is equal to $4.00 per share subject to adjustment under certain circumstances as described in the Mann Group Loan Arrangement."

Details regarding debt etc. are in 'Section 6. Related-Party Arrangements' and 'Section 7. Borrowings' of the 10-Q. Too complicated (IMO) to summarise the whole thing here. But it looks like some of the Mann Group debt was paid out / converted into stock, but not all of it. But there are also other borrowings to be paid out:

seekingalpha.com/filing/4475644

So which do you think it is, he did not use Afrezza in the presence of the reporter, or the reporter had no interest in talking about it?

I'm not diabetic, so I may be way off, but given that this was Conor's meal (see below) wouldn't he need to take something?

---

So what did Daly order?

“I had the tofu… they do something with the tofu that was really good and then the jackfruit which was barbecued jackfruit with some rice and then they have some secret sauce which is really good,” he said.

I won't say I heard a lot of good things on the call, but I actually thought the call wasn't that bad. And really not much better or worse than some recent previous ones. Mind you, I sold my relatively few remaining MNKD shares some months ago in the $1.80 range.

Given how the overall markets behaved today, I thought MNKD stock held up reasonably well all things considered.

Good read. I 'like' where Mike said: 

"[W]e do have high market share in people that have been using the drug"

Does that line make sense to anyone? 

Isn't it like saying, say, among those people who like pizza, a large percentage of them like pizza?