Re: MannKind announces $160M debt financing
in response to
by
posted on
Jul 01, 2013 11:56AM
Edit this title from the Fast Facts Section
On yahoo board from mnkdmoney. I think this guy nailed it. While perception is king,I think they are over stating their position. It's actually weakness imo.
""JG, as a long time shareholder I can tell you several things:
1. We don't want this management team to commercialize the product themselves
2. They cant do it without diluting us into oblivion. They also cant succeed in doing it.
3. These guys are the people who they wrote the phrase "give them enough rope to hang themselves with" for. We don't want them to have any more time, breathing room, or opportunities to F this up. The time is now. Partner already!!!!
I hate this #$%$ deal!!! If they are even on second base with a partner why would this be necessary? Data due in 45 days at the latest. Huge up front payment expected from any partner at this point. Huge money through the door already on the warrants that were issued in 2012. Huge borrowing capacity still outstanding on Al's credit facility. Utterly baffling""