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Message: Management...

I read the transript of the CC and came away with impression that the only person who really knows what is going on is Al Mann. One only has to read the answer by Hakan on European submission to wonder about competency. We've seen/heard the same story line every quarter for the past five or six years from the same people...Matt, Hakan, and the Medical guru...and yes Al himself. At one time I thought that at least Al didn't throw the management team under the bus when things looked bleak, but now I'm not so sure why he hadn't..I would have. If you can't do the job, make way for someone who can. I'm sure there are better people out there who could have brought AFREZZA to market.. AFREZZA should have been approved two years ago.

That said, I wouldn't be surprised if something happens between now and the next QC. I read the Griffin Report and think the 12 month target of $14.00 is a good one based on speculation the NDA will be submitted by this time next year.

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