Momenta Pharmaceuticals, Inc. (MNTA)

[JOlsen114]

MNTA needs to think long and hard before they use the ATM or anything that brings further damage to the long term shareholders. The board forgot a long time ago that they work for the shareholders not management and their own pockets.

The board has year after year said that management has met all of the objectives the board has set for them when it came time to pay bonuses when in fact they have continued to destroy shareholder value. Either the board or management (probably both)does not know what direction is needed to create shareholder value. Craig has been given over 2% of the Company and the stock was $16.18 on August 22, 2006 the day he was hired and is currently having trouble holding $10 eight years later. This is despite the fact the board trusted his management team with hundred of millions of R&D funding. How much time must shareholders wait before a significant change is made??? In my opinion the time is very close.

If Copaxone does not provide the cash flow to support future operations I believe it is time to evaluated strategic alternatives not further dilute long term shareholders.

I am a significant holder and if the Company does anything further to damage me or the board continues to ignore its fiduciary duty to me, I would be honored to be lead plaintiff in a shareholder suit.