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ggwpq, if you don't mind sharing...what was her reply?
danbury, there's no reason for any trader to do naked shorting in this stock there are tons of shares to borrow.
GS are crooks. I'm willing to bet a dollar that when they pegged the secondary price @18.00 a few yrs ago for Amarin they were shorting AMRN and hitting every bid that showed up before the formal announcement. So much for the so called Chinese wall between trading and the underwriting dept.
jroon, I get the feeling that Denner is done buying but may influence some friendly investors to take on a new position for additional positive votes in his favor. It's really important for Amarin to determine a record date because the votes won't count after the record date.
jroon, depends on the record date then the period between the date of special meeting and the final count. We'll be holding our breath in between. Maybe not for some but most of the posters here will be sitting on the edge of our seats. Also the 13D filings will be filed about the same time 45 days from 12/31/2022. Should be fun times to see who if any new holders will show up.
Tal, what say you about the statement Amarin included in their response to Sarissa's words of wisdom? I know you have an opinion about this statement.
Demonstrating our progress:
Geographic expansion in Europe and International is advancing rapidly and on-pace. Amarin advanced from having price negotiations with one European market in January 2022 to having VAZKEPA® available in five markets, and in pricing negotiation stage in another five markets by year-end. We have successfully secured attractive pricing in all markets where we have launched which will serve as useful benchmarks in further negotiations and will help maximize successful outcomes. The Company also secured six international regulatory approvals, including Hong Kong, Bahrain, Puerto Rico, Saudi Arabia, Australia and Switzerland.
jroon, so there's no way of really knowing how many shs are outstanding till the company files its financials. Plus I recall the strike of the options is way out of the money for most of the bod. Also, I noticed that the share increase from 2021 to 2022 is much less dilutive than in the past.
tatsumaki, that's why I asked jroon if he knew about options and RSUs, I don't feel like delving through the 10K to find the answer. If they are included the 400,000 issued to the newbie they would be in amarin's favor and we can't forget JT's holdings. Also, all the oldies that were sacked in the past year.
jroon, it is hard to reconcile I believe there are many overseas shareholders that aren't notified. Many shareholders don't follow the stock the way we do either. Based on the total numbers from last year's proxy the nonvotes and the actual voting shares are added up it equals about 200mill.
Would you happen to know if options and RSU's are included in the outstanding? I know they are authorized but not in the float. The only way to find out where the outstanding shares are located is to order a shareholder list from the transfer agent. As a lowly common stockholder, we don't have to right to order and are very expensive.
newman, Oh don't forget the icing on the cake is appointing the last BOD in the middle of the night and then files an 8K at 6 a.m. on the day Denner filed his intentions to call a special meeting. If I was Denner and PWO pulled that in your face stunt, I'd be pissed off. It's a good thing Denner included the clause in his proxy filing stating that if PWO retains another BOD after the 10th they will all be sued up the wazoo.
MMS, No settlement...it's WAR
Jroon, Don't forget that group from FB that claims to control 2.2 mill. I dug out my notes from the last proxy vote. Interesting comparison, many against votes for compensation.
KM- votes for 92,806,878 Votes against 37,056,881 abstentions 54,858,311=91,915,192 non votes 94,134,724
PWO-votes for 95,246,101 votes against 34,980,455 abstentions 54,495,514=89,475,969 non votes 94,134,724
Erin Enright votes for 93,984,896 votes against 35,945,247 abstentions 54,791,927=90,737,174 non votes same as above
Alfonso Zulueta votes for 93,477,981 votes against 36,366,185 abstentions 54,877,904 =91,244,089 non votes same as above
compensation votes for 85,564,198 votes against 45,523,022 abstentions 53,634,850 =99,157,872.
MMS, The only way I can get an idea of how many shs is a huge guess on my part. I'd say based on the percentage of the votes that were either abstained or no votes from the last proxy plus Denner's connections in the HF arena who follow him + his 6.24% ownership I suspect it will be a close call. It depends on when Amarin determines the record date and if he can get some of his friends to accumulate stock before that date.
north, to quote Sarissa "Vascepa is a great drug with the potential to have a meaningful impact on society. However, since the label expansion for cardiovascular risk reduction, Amarin(AMRN) stock has lost over 90% of its value".
BBI, Yup that $10mill loss was BS. They never really explained how they got left holding the bag for bad product??? It smells. Pun intended.
We have 21 days from the date Amarin filed their preliminary proxy which was 1/17. Then the max of 28 days after they formalize the record date. I called D.E. Shaw they said Amarin will set the record date. I'll bet they wait the full 21 days.
Tal, Thanks for your compilation of the timelines which you clearly stated it shows how much BS KM throws at the analysts and shareholders and we're supposed to believe him?? Ha
It proves the point that Denner has their number. You should use this as a presentation to any doubters as to who they should vote for in the up and coming BLUE proxy.
This is a sample copy of the proxy taken from the Sarissa filing this morning. Please read and become familiar with the process so ppl won't panic with all the "what if" questions. So here's how I see this playing out. PWO gets the boot. Sarissa wins the proxy and places his 7 ppl on the BOD and Denner becomes COB. He's the 8th board member. Max amount of board members is 15, 8 rep Sarissa and 7 Amarin. Sarissa will have the majority then if any of the current directors agree with a proposal that's OK too.
AMARIN CORPORATION PLC
THIS PROXY IS SOLICITED ON BEHALF OF
Sarissa Capital Catapult Fund LLC, Sarissa Capital Hawkeye Fund LP, ISP Fund LP, Sarissa Capital Offshore Master Fund LP, Sarissa Capital Master Fund II LP, Sarissa Capital Athena Fund Ltd, Atom Master Fund LP, Sarissa Capital Fund GP LP, Sarissa Capital Fund GP LLC, Sarissa Capital Offshore Fund GP LLC, Sarissa Capital Management GP LLC, Sarissa Capital Management LP, Alexander J. Denner, Ph.D., Patrice Bonfiglio, Paul Cohen, M.D., Mark DiPaolo, Keith L. Horn, Odysseas Kostas, M.D., Louis Sterling III, and Diane E. Sullivan
For use at the General Meeting to be held at [•], on [•], 2023, at [•].m., local time, and at any adjournments, postponements or continuations thereof.
I/We ? ?
(Name in full block capitals please)
of ? ?
being (a) member(s) of Amarin Corporation plc (the “Company”) hereby appoint each of Mark DiPaolo, Odysseas Kostas, Patrice Bonfiglio and David Chase Lopes (acting alone or together) as my/our proxy to attend, speak and vote for me/us and on my/our behalf as identified by an “X” in the appropriate box below at the General Meeting of the Company to be held at [•], on [•], 2023, at [•].m., local time, and at any adjournments, postponements or continuations thereof.
This form of proxy relates to the resolutions referred to below.
I/We instruct my/our proxy to vote as follows:
? ? ? Resolutions ? ? For ? ? Against ? ? Abstain
(see note 2) ? ? Discretionary
(see note 3) ?
? 1. ? ? That Per Wold-Olsen be removed from office as a director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 2. ? ? That in the event any director is appointed after the Company’s receipt of the general meeting requisition notice dated January 10, 2023, requiring the Company to convene the General Meeting, and prior to the General Meeting, each such director be removed from office as a director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 3. ? ? That Patrice Bonfiglio, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 4. ? ? That Paul Cohen, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 5. ? ? That Mark DiPaolo, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 6. ? ? That Keith L. Horn, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
--------------------------------------------------------------------------------
? ? ? Resolutions ? ? For ? ? Against ? ? Abstain
(see note 2) ? ? Discretionary
(see note 3) ?
? 7. ? ? That Odysseas Kostas, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 8. ? ? That Louis Sterling III, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
? 9. ? ? That Diane E. Sullivan, having consented to act, be appointed as an additional director of the Company with immediate effect. ? ? ? ? ? ? ? ? ?
Dated ? ?
Signature(s) ? ?
This proxy, when properly executed, will be voted in the manner directed therein. If no such direction is made, this proxy will be voted FOR proposals 1 through 9 described herein to be proposed at the General Meeting and in the proxy holders’ discretion as to other matters that may properly come before the General Meeting.
Notes:
1.
Please indicate with an “X” in the appropriate box how you wish the proxy to vote. In the absence of any indication, the proxy will be voted FOR proposals 1 through 9 described herein to be proposed at the General Meeting and in the proxy holders’ discretion as to other matters that may properly come before the General Meeting.
2.
If you mark the box “abstain”, it will mean that your proxy will abstain from voting and, accordingly, your vote will not be counted either for or against the relevant resolution.
3.
If you mark the box “discretionary”, the proxy can vote as it chooses or can decide not to vote at all.
4.
The form of proxy should be signed and dated by the member or his attorney duly authorised in writing. If the appointer is a corporation this proxy should be under seal or under the hand of an officer or attorney duly authorised. Any alteration made to the form of proxy should be initialed.
5.
To be valid, this form of proxy, together with a duly signed and dated power of attorney or any other authority (if any) under which it is executed (or a notarially certified copy of such power of attorney or other authority) must be signed and dated and lodged at the Company’s registrars at the address below, so as to be received by [•] [•].m., local time, on [•], 2023.
6.
In the case of joint holders, signature of any one holder will be sufficient, but the names of all the joint holders should be stated. The vote of the senior holder (according to the order in which the names stand in the register of members in respect of the holding) who tenders a vote in person or by proxy will be accepted to the exclusion of the vote(s) of the other joint holder(s).
7.
Completion and return of a form of proxy will not preclude a member from attending, speaking and voting at the meeting or any adjournment thereof in person. If a proxy is appointed and the member attends the meeting in person, the proxy appointment will automatically be terminated.
Address for lodgment of Proxies:
Equiniti
Aspect House
Spencer Road
Lancing
West Sussex
United Kingdom
BN99 6DA
Look out for the BLUE proxy card. That's for all us suffering shareholders to lift us up above the BS Amarin is trying to throw at us.
http://archive.fast-edgar.com/20230119/AD2FL22CZ222M2C2222I2242AAS2ZC22N252
shadolane, it will end when Denner takes over the company!
https://investor.amarincorp.com/node/22556/html
RMB, agreed this board has more information than ppl know. It's really amazing. I too use Fidelity and yes they will make sure the Amarin shareholders will be notified when the proxy is due for a vote.
FFS, to each his own.
So people here's the deal, Amarin has 21 days from the date of the Proxy form 14A which is Feb 11. So any time within that 21 day period they can set the date for the special meeting. Then within 28 days from the date of calling the special meeting will be the actual voting day. I figure on the outside it will be between yesterday 1/17 thru 3/11.
meowzo, geez that could be my younger sister!!! LOL
T, Thanks for putting in the effort to explain in depth the tomfoolery Amarin has published over the years. They are all just words nothing more. I believe Sarissa is in our camp and gets it totally. He's ready for the fight. For the first time in a few years, I'm going to pick up a few shares for old time sake.
OK ppl time to back up the truck. Gloves Off.
STS the proxy rules changed in late 2022. They now require a 67% of voting shares in order for proxy contest to win. Sarissa should be filing their proxy any day now.
Jvee It must be electronic that's cause majority of shares r held in DTCC.
Jvee. Omg. Where r your shs? If at a broker they will take care of everything once u vote. Dont get wrapped up in the words. If needed I will be the leader of the pack when sarissa files their proxy. It's easy peasy. I will tell u record date and explain thereof. I spoke to proxy solicitors they wont know record date till sarissa files proxy.
STS, The new proxy rules require 67% of the voting majority present or by proxy. You are correct. It's not 67% of the outstanding shares.
Shadow et al. It's not the 67% of outstanding shares that denner needs. It 67% of voting shares.
Please think about it. I've posted this info so many time. I'm done!
RMB, it won't be finished till sarissa files their proxy. Spoke to proxy company tonight they won't know record date till the sarissa proxy is filed then they'll pick a record date. I bought more stock today. The settlement date will be thurs. So we'll see.
hey meowzo wearing your tin hat today, a little esoteric thinking on your part before you know it you'll discover another theory behind the black hole. Tee Hee
jroon, do you truly believe Denner can control the price of the stock???? Think big, it'll change your mentality to be more positive.
jroon, actually it's a nonissue. I was responding to James Murray. It would really look bad if they keep changing their make believe address. Especially since covid, most companies have hybrid workers.
I'm more interested in reading Sarissa's proxy.
jroon, are you asking if it bothers me because Amarin has a few addresses in Dublin? It's just a PO Box or maybe a phone and desk. If Amarin were to continue to GIA and we didn't have Denner on our side it would bother me and I'd make a huge fuss. But when Denner takes charge we'll see changes and that probably would be one. Where's Waldo!!!
The only thing KM touts in recent months that I believe is the fact that they are waiting and waiting and waiting for approval and how much they can sell V for. I'll believe any revenues they claim for the 4th qtr of 22 from the EU regions will be after their auditors review their books and confirm receipts. Then when KM signs off on the financials he will be responsible for every word written in the KM.
james, at this juncture I don't think it matters. I consider the old Amarin in the rearview mirror, When Denner takes over at least he'll clean things up. They need an address in Ireland maybe it's too confusing for everyone to keep changing locations and expensive. IDK?
james, wonder why they keep moving their physical location while keeping the old one. Can someone take a pic or do you think it can be found using google maps?
james, yup cause there's no real physical address.
James, They'll probably rent a desk at that address to receive the proxies that are sent by mail. In the US shareholders usually retain shares at the brokerage firm where their shares are held. The firm will handle our votes. It all automated.
James, is that last place where they had a desk in the same area as Grafton St.? IIRC Liam said they held the annual meeting at a hotel room and he had to answer questions before they would let him in. They didn't want any shareholders in attendance. Here in the USA that's illegal you must open the meeting to the shareholders it's their company.
How about writing to IR and cc Denner to ask about the address?
johnhancoque, too soon to sell the company. I say maybe within a year?
I'm wondering why Amarin hasn't mentioned any partnerships in the EU or Austria etc.