and we are anxious.
Al has been holding longer (1991) but is in no hurry as he is not anxious or nervous nor needy. Al will not blink, not take his eye off the ball or get flustered. He has a life of continuous luxury (which he earned and deserves) so another six months or so is nothing to him. Thus, we have to get our nerves under control and simply accept what we can not change and let Al be in charge of the change. Less
We, as retail investors, are looking forward to a nice return after holding for a long time...and we are anxious.
Al has been holding longer (1991) but is in no hurry as he is not anxious or nervous nor needy. Al will not blink, not take his eye off the ball or get flustered. He has a life of continuous luxury (which he earned and deserves) so another six months or so is nothing to him. Thus, we have to get our nerves under control and simply accept what we can not change and let Al be in charge of the change.
Al's name is on the company and this will be his prime legacy thus it will go one way or the other with a prize that matches its contribution to mankind. Al will leave nothing on the table.
Many think Al invented the pacemaker. He did not. He was given the chance to make the pacemaker viable by designing a long life battery to power the unit. Until that point in time, the instrument was not practical. In three months of Al's personal R&D, the battery still used today was developed by the master. He was rewarded with $75million---as this was an actual contest that he won.
Al will win this contest too---with nerves of steel, a will of iron, and the tenacity of a lion.
Al will leave nothing on the table.
Well, that's just an earnings call from lastQ.
However, I did look at the major holders in Greenhill and many are holders of MNKD too---long time holders.
YUP---and that is why we are "where we are".
However, a suitor will cave and Al will have his prize which will be shared by you and I.
prevent any hostile take-over attempt
to sell the company without shareholder approval
to negotiate a deal without input from BOD (unlikely)
to decide HIS target price
to restructure the company (chunk) for highest shareholder value
to determine the financial posture of the buy-out
to validate and formulate the milestones of a partnership if buy-out goes south (unlikely)
to make you very happy or/ very disturbed (unlikely)
Al has the power!
How do we like talking to ourselves Kevin?
I haven't made up our mind yet. Have U?
I heard that they moved a toliet into the conference room at Greenhill to eliminate the urine breaks----and that's no #$%$.
In regards to share swap. If it works this way with the marketing/sales split, it would be 1:1 swap and not 4:1 as mentioned by Jmkopp. He could be right but if so, I would feel really ripped off. We will see "shortly".
Hey Kev, I agree with ya 90% of the time BUT the silence has a purpose. It is not exactly calming to the nerves but I truly believe that the multiple negotiations in progress are intense and continuous. I said some time ago that by Labor Day this will be behind us---I believe we will be highly rewarded for, in my case, over 10 years of watching this Chinese fire drill unfold.
Absolutely correct. Al is the power boss with no right of correction or descention. His management group deals with only the day to day needs of each of their depts. and has ZERO input into plan of the final mission. This is why no partner would want to anti up with Al (his way only) thus I reamined convinced it will be a buy-out.