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TREND1

05/11/17 4:33 PM

#23319 RE: DownWithPumpers #23318

The only hope for MNKD is to get new customers.
Right now they only have 526
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TREND1

05/11/17 4:36 PM

#23320 RE: DownWithPumpers #23318

The CEO in the CC SAID THE BURN RATE was 7.4 million a month.
I will use his number.
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nobodysbusiness

05/11/17 6:41 PM

#23327 RE: DownWithPumpers #23318

Burn at this point hardly matters. The real point is that they haven't found any way to get the drug even marginally accepted in the medical and diabetic community.

Even if they were to gain some traction with scripts, they still need some 60 million dollars cash between now and September, 2018, just to make debt payments.

Add on the 150 million burn between now and then and you're looking at needing over 200 million dollars over about 16 months. Where will it come from other than major dilution?