I have to disagree - Al's foundation will be funded when he is gone. His estate/trust is all set up. He wants to maximize the potential in MNKD so he will not sell for less. If he sells within 6 months he will only get a 100% gain at most. MNKD has to get thru the convertible and the BOA SHORTS before this runs.
He also knows that EYES is a long way from real appreciation so what is he to do???? SELL????? Nope!!!!
That's even BETTER - That makes my case stronger that SCON's stock price is about to head higher.
Also let's analyze the timing.........
1. SCON has NEVER issued STOCK GRANTS before. It's not like SCON can't pay their executive team bonuses.......They know the explosive POTENTIAL in stock appreciation so they wanted GRANTS.
2. SCON has never issued anything in the 4th Qtr. All of their past stock compensation have been issued in the 1st Qtr.
3. Even the Directors received compensation last week.
I don't know about you....and people know I'm not a PUMPER.......But I think the STARS are finally coming into ALIGNMENT.......
Let's RIDE THE WAVE.
Good find but how long will it take to hit the market??? 2 years?? 3 years??? What type of testing/approval is necessary??
SPEAKER: Andrea Leone-Bay VP Scientific Research MannKind
I was wondering when JQ and the boys would CASH IN. Looks like they waited until the VERY BOTTOM to issue OPTIONS. OK boys it's time to let the fireworks begin. The management team is NOW MOTIVATED to make SCON a success. Within 6 months the stock price be a lot higher.
Ride the Wave!!!
That's why SCON moved to Austin. AM is a huge supplier of Wafer Fab equipment. AM is HQ'd in Austin and I believe SCON is located down the street from them. Plus there's a lot of high tech expertise in Austin. Austin is known as Silicon Valley East.
Actually SCON raising money at this point could be a GOOD THING. It will give the street CONFIDENCE that SCON will have the money to execute their plan.
NAH - Too many outstanding warrants at $2.58. The warrant holders will not allow MORE DILUTION. They will step in and give SCON the money.
But I believe SCON is working on deals which will give them upfront payments and equity stakes via warrants to the new customers.
I placed a GTC order a month ago to buy at $5.75 and to my surprise I got an order execution email from Schwab this afternoon. I am going to place another GTC Order for the same price.
THANK YOU CROOKED WALL STREET
If it was from ANYONE ELSE I would consider the information but since it's coming from the BIGGEST PUMPER in the WORLD......I CAN'T.........
I hope THEY are paying you well.......
If we don't get an announcement by Thursday I'm not expecting anything until Jan 2015. Not a whole lot gets done in December and I'm pretty sure new customers will want SCON to run a significant amount of wire off their NEW PRODUCTION LINE before they commit a PURCHASE ORDER. It's one thing to get wire off of a Prototype Line but it's something else off of your main equipment. New customers want to make sure they get uniformity and consistency from SCON.
He has to down play it because the insulin will be in short supply at first. They will be capacity constrained. That's why there will be no Super Bowl commercial this year on AFREEZA. This will be a controlled rollout ie soft rollout until they get more manufacturing space.
I know exactly what HOBBS did - but what did you want him to do......cancel the Phase 3 Trial and start over with the GEN 2 Filter??? Did you want him to hold off on starting the Phase 3 in 2006 because the GEN 2 filter was still in development?
With your infinite WISDOM what should HOBBS have done?
The ODAC safety issues happened in the very beginning of the trials. After the deaths they made changes to the protocol and were eliminated. I can't understand why ODAC made such a big deal about the early deaths. I can see if DCTH did not make the necessary adjustments and more deaths occurred throughout the trial.