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Message: Is MNKD Undervalued?

At this point I don't believe so. Not with the severe funding issues, including the high probability of further dilution (massive dilution). Not with mngt. continuing to blowup just about everything they lay their hands on or speak about. Not with the trial delays. Not with the personnel/BOD departures. Not with their seemingly brazen attitude towards shareholder value - i.e. salaries and stock options. Not with the continual talk/lies about partnerships.

You gotta love the potential of this treatment regimine. But, that's all it is, or ever has been, is potential.

The market hates uncertainty. And MNKD is the king in this regard.

Sincerely,

Grinch

PS, have a pleasant weekend.

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