sounds just like YOU.
Just a quick heads up. patenright is a pumper who thinks he's god's gift to trading..... You would be well served to understand what you're dealing with. Look at posts from months ago....
lol. not a lot of intelligence in trailer communities if I had to guess.
Gamma Alpha Sigma Heta :-)
ps- I've got more integrity in my little finger than you have in that huge #$%$ of yours as well as the two others living on either side of you.
that's perfect! ignorance loves company! good job gash!
look at the bright side. they'll probably have a TV airing Springer daily! lucky gash!
clevans, we'll put you in the deaf, dumb and blind followers group! Anyone who thought they had $300 mil or more in liquid resources is definitely not a ND grad. If you are, I'd ask for a refund.
maybe a bunch of investors realized PFG was lying to them about the amount of liquid resources available to the company....
PFG, did you find anymore money today? lol
sorry, but i have to giggle a bit at this topic having just experienced a nearly 10% drop yestetday and a subpar bullish response thusfar.
That's 5 days later than you were proved a fool. You must be the only person who reads that idiot's posts. Oops
News flash: the supposed accountant, pfg, just found another $400 mil in mnkd's receptionist's desk! Lol
bump! beware of idiots like pfg! they'll LIE to get you to believe anything.
news flash: pfg found another $200 mil under al's desk! fool
there you go! pfg can't argue the facts so he'll just make stuff up! nice!
you're so predictable.
pfg, the accountant, was off a couple hundred million last week, even more this week, calls his information FACTS both weeks and then calls people liars when he's corrected! lol
awwww and now his panties are all ruffled.
thanks for playing!
actually, I spend very little time posting these days. for some of us, it comes quite easily and doesn't take much time whatsoever. some day you'll understand. or maybe not.
stop superimposing your learning disabilities on others. ha
it's not an argument when you know the facts. it's just a matter of learning how far off the other guy is and watching him eat crow or simply run the other way when they figure it out. in tonight's case, pfg simply decided to act like it didn't happen. I got a good laugh out of that.
what's worse, my daily posts or a moron like you who complains about it yet doesn't have me on ignore if it's such a problem. ooops.
...thanks for playing. click.
geeze, pfg can't even admit he was wrong. toooo funny.
the only one that got a spanking was YOU.
thanks for playing!
is it me or did it just get really quiet on pfg's side of the table?
pfg, you are one slow learner. but hey, keep trying fella. keep trying. maybe one day you'll be right. I don't engage in these discussions unless I know ALL THE FACTS. not the info you wish were facts.
are you man enough to admit you were wrong last week, wrong tonight and will probably be wrong tomorrow too?
I think you should apologize for mischaracterizing my comments too!
ps - even CLEVANS is right more than you are.
and I'll remind everyone pfg claims to have an accounting background. lol
you are off more now than you were before. that simple. So again, let's summarize. Last week PFG says they have $300 mil but he was a little off. Now it's $521 mil and he's supposedly spot on. He's adding money to the coffers from secondary offerings that haven't happened and then claiming there's hundred's of millions available on the LOC. From the conference call transcript that you've read probably at least three times:
"Simos Simeonidis. Okay. Finally a question for Matt. Matt, what's the remaining under Al's line of credit? I saw in the 8-K this morning it was increased from $350 million to $370 million, but what's the amount that's remaining under the LOC?
Matthew Pfeffer. I don't have the exact number in front of me, so I think it's little over $30 million which is why we added some extra headroom in there [expanded] the line a bit.
Simos Simeonidis. It's $30 million plus the $20 million that was expanded?
Matthew Pfeffer. That would include the $20 million, so we added the $20 to give us a little more room just in case. Not that we expect we will needed, but you never know. At the very minimum, frankly, we would expect to continue to capitalized interest that would otherwise be payable under the loan into the principle, so we have want to leave ourselves some working room in there and I Al - to let us to that."
Here's the real FACTS:
93 mil as of 9/30 (see 10Q)
30 mil on LOC as of Nov. (earnings conf call; see transcript)
45 mil in warrants exercised as of Nov (earnings conf call; see transcript)
40 mil fr Deerfield in Dec (see 10Q)
Total: $208 mil
25 mil reserve due to Deerfield agmt (see 10Q)
33 mil op costs (Oct-Dec; estimated based on previous quarters)
115 mil convertible payoff (see 10Q)
Net Available: $35 mil or 90 DAYS CASH FROM THE END OF DEC.
ATM raises 50 mil IF THEY CAN GET MARKET PRICE
Parntership raises ??
Dilution is a threat.
329 mil my harse! now crawl back under the rock pfg! nuff said
Just so i'm clear. the only part you now take issue with is the LOC?
and again, just so I'm clear, how much money do they have available to borrow against the LOC?
clevans, if you still have to ask after me answering your stupid questions repeatedly, I don't see how answering them again is going to help. please direct your stupid questions to pfg, he's more your speed.
now we're getting somewhere. you actually found my post! congratulations.
tell us. how many times have you read the conference call transcripts and 10Q?