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freif, fundamentals warrant the uptick and we're getting closer to EU approval.
RAF, Oh, that explains it, clear as mud...LOL
postes, I still don't get the connection, maybe were not on same page, and yes I loved al Pacino in that movie. My comment to Raf was questioning who is source was when he posted about a BO humor. Are you saying Raf's source is a woman? Or was he joking...Hoo-ah!!
lrich. No one who is an Amarin insider is permitted to sell shares in the open market without filing form 4's. We would know immediately, when the share price was much higher and the stock options would kick in, on form 4 the filer must report how many acquired and how many shares sold. Usually more shares were sold than acquired. I believe that's what HDG was referring to when he said they were selling shares in open mkt. Kennedy was relentless with his selling shares.
postes, you lost me??
Raf, Says Who??? Ha
Rose, DS Biopharma Ltd. is sister company of Afimmune, it's in the article posted by ralph (?) and I've read the history of the early days of Amarin aka Ethical Holdings (UK), the group who funded the original company to develop icosepent ethyl (EPA) or AMR 101 was none other than Thomas Lynch, Dr. Ekman, Dr. Climax and Dr. Tony Ryan. The group comes from Elan Corp, located in Ireland, which was sold to Perrigo in 2013.
FYI, Joseph Kennedy was U.S. Corporate counsel for ELAN, strange bedfellows!!! Very incestuous. We need a flowchart connecting all the names..LOL
rosemount, it's plausible that amarin could capture the FDA approved EPA market, if they went AG with vascepa then acquired the license for DS 102 epeleuton, less aggravation with the generics suing them for their patents. I believe margins would be higher with a synthetic FDA approved EPA. It's a consideration given the similar background of the management from Elan i.e. Dr. Lars Ekman, Dr. Climax et al then and now Dr. Bhatt. You never know!!
thx raf, lookin good
ralphey, where there's smoke there's fire!!!
Same financial backers, same docs. Vascepa 3.0
Thanks for posting, great find.
Lol I haven't heard that phrase since I had to defend myself on the trading desk. . That phrase is very sexist, watch out. Yes I wear pants, skirts all of the above.
I am woman hear me roar! Lol
duke, JT specifically said on the cc that he will wait for generics to launch before the company launches their AG. Why? Basically we're saying the same thing about supply but I disagree that there's a limited supply to meet demand. That's BS. So far generics and DU have destroyed any future the company had here in the USA. IMHO
jasbg, that would be the worst use of their funds ever. Amarin needs every penny they have to GIA in the EU etc. They're ignorant but not that stupid.
BB, we'll never know since all attorney fees are usually lumped into SG&A. We need an attorney who will work pro bono to find a solid reason to sue the bod for dereliction of duties. But it's not going to get the share price up.
Maybe we can get an open letter to the BOD published somewhere like the WSJ that suggests a lawsuit, without using those exact words against all board members, try to embarrass them into taking action against JT et al, name all their names so there's a paper trail that will show up when their name is searched on google!! Just thinking out loud.
shado, Elisabeth's replies are very calculated, she knows everything she says is shared on this board.
I'm listening to Benioff on CNBC he used the word paralyzed in the context of CEO's doing nothing to improve their company's growth during these trying times. I think he was referring to JT...LOL
duke, JT said he will wait till generics launch before he considers introducing AG. He honestly believes that generics don't have enough supply to meet demand. What about amarin's vascepa stockpile that's building at one of their suppliers plants. That fact has been mentioned in one of their past financial filings. I don't know if the supplier has an exclusive with amarin, why not send an email to Elisabeth to confirm. I'll apologize if I'm wrong.
bidmark, if they didn't have plan B in place after 3/30 why aren't they working on something like an authentic generic, instead of freakin waiting for generics to launch in front of them. They're idiots, what especially pisses me off is that they're GIA in EU and ROW.
I'm saying it again in time, JT will bankrupt the company if they fail to launch vascepa properly in Europe. A partnership is our only hope of getting out from under this debacle. How can they not realize that????
BB, HOW???
jasbg, Same here, I recommended amarin to my family as well. Since the dreadful DU decision I have been asked to never talk about amarin or any stock for that matter. I thought for sure it was a winner, it never occurred to me that their patents were in jeopardy. I will never trust the legal system to follow the law, I had no idea that judges were so biased leaning...
If amarin drops .20 cent every day eventually it will go below a dollar...Blindsided again.
It certainly sounds like jt et al are complacent if Elisabeth answers all questions w same reply. It's a disgrace.
level, that Elisabeth's preamble she says that to everyone. I've received an identical response.
rais, sent an email to Dr. Eikman. Hopefully, someone will finally listen to our story of woe!!
rais, I called baker bros again. The guy who answered is a temp. he wasn't familiar with my previous message that I had left last wk. He did say they're working remotely. I'll keep calling every day till I find someone who will respond.
raf, I know we all feel the pain, is there anyone you know that can get to JT to talk some sense into his thick head??? Crickets everywhere WTF.
Raf, Thanks
raf, is plain english what is Swan sayin in #17.?
ccc, the same error has been made many times before. To separate trail yet BB still confuses Mori with Kura. DOn't know why, maybe we can solicit HK to write something showing the difference to clear up the confusion????
rais, BOD and JT are protected with liability insurance for any such actions. Their private assets are protected. JT can stay as long as he wants to and no one can force him out except someone with voting rights. If JT committed fraud then the legal sharks would have a case for a class action that takes forever to settle. You would need someone who has had an actual loss of $250,000 or more to take the lead in such a lawsuit. As common stockholders, we have no recourse which I've stated several times. Sorry for the bad news.
BB, someone posted earlier that the cropped table 3 doesn't change the results of the trial, what does change is the calculations that HK pointed us to and Dr Bhatt's paper which was not permitted at the appeal cause it was after the fact??? Please correct me if I'm wrong.
rais, yes the company will do much better with a seasoned biotech CEO. But Thero cannot be forced out unless he does something illegal which is higher unlikely OR if a fund with majority voting rights forces him out, e.g. baker bros or an activist group like Value Act. Stevie Cohn Point 72???
Rais, my post was timed around 5:00pm.
rais, to say he totally understood the current situation is not what I meant to say. He acknowledged knowing about Amarin but was sincere in his reply that he would pass along my message about the patent loss and gofund me endeavor. Did he say he would pass along your message, whatever that was, to the proper personnel?
BB, excellent teamwork done by all, thanks BB, let's say a hail mary that this effort will not be in vain....
OK , I'm all for that idea as well.
zman, we're over 10 grand!!!! Now we're ready to roll!!!
zmanindc, Barry M, congratulations everyone. Let's roll!
rose, a sell off in September is not unusual, other factors are ancillary events. High multiples in tech, covid, uncertainty going into an election.
Hey does anyone care that the vascepa youtube video that was included in the gofundme link was taken done down by the owner. I posted that earlier but it seems to have been deleted, why???
tm100, based on Kennedy's bio on the amarin website he joined amarin in 2011.
duke, I'll second that post. "Dittos" as Rush would say.