The "poison pill" news will kill the upward momentum. It essentially stops any shares accumulation by any outside entity that may want to attempt a takeover.
It does protect the value of the Class B preferred shares that convert into 125,000,000 shares of common stock. I assume these shares are owned by Gerald.
Self preservation is important to the insiders with penny stock companies.
Will support at .035 hold on Monday?
You've already demonstrated your various user names on the MNKD site have resulted in many many posters putting you on "IGNORE". Your posts are childish, uninformed, and rather stupid...to say the least! So.....say goodbye....you have now been place on IGNORE....once again!!!!
The only thing that really matters is the science. If the technology works; the stock price will take care of itself. The "Poison Pill" will help allow management to unlock its true value and upside (a takeover at this time is completely unwarranted and will only distract mgt. from executing its business plan).
Also, I think this company has an amazing profile, world class patents, a technology that works (MANF) based on scientific publications and has the ability to be commercialized much sooner than most will realize......since the Diagnostic business can be accelerated along with getting the necessary FDA approvals......thus this reality can help fund future clinical trials for their other disease related areas. Moreover, the FDA will be watching the Parkinsons work and will do everything in its power to move things along here.
In summary, you dont see these types of companies come along that often....I expect a wild ride but have HUGE expectations here. GLTA!
Sentiment: Strong Buy
then sell your shares and #$%$. about the damn pill. Heaven forbid a company protect itself. It must be for malicious reasons right? you are making assumptions based on nothing but your opinion. find facts that Gerald holds the 125mil or shut up about it. Its obvious based on your posts you are just trying to scare people as if your words alone will drop this stock.