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$Pistol Pete$

08/10/18 11:20 AM

#29861 RE: Go4itbigtime #29860

I think it is all good come in Nov. Lets watch it

parkourstar

08/10/18 12:51 PM

#29864 RE: Go4itbigtime #29860

You may as well hope that Tinker Bell comes and sprinkles fairy dust on the company so it can fly.

Per Spencer Osborne, who is keeping good track of the cash situation:

"MannKind finished July with about $19 million in cash. That is already lower than the $20 million that the company needs to show Deerfield at the end of the quarter. Consider that the company owes $3 million to Deerfield by August 31st, and about $2.7 million to Amphastar before the end of the quarter, and you can see quite clearly that the need for cash is pretty immediate."

Did you catch that word, "immediate"? More as in like last month. And there isn't anything but major dilution available to them.