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eBallot's website spells out the following:
Voting process
Before a voting event takes place, an organization must send proxy materials to all voters, including information on the agenda items to be voted on.
Proxy materials are typically distributed at least one month before a meeting is set to occur. Voters typically receive proxy materials by hard copy in the mail, digitally via email, or both.
Proxy statements must review an organization's voting procedures and include detailed information on the issues being voted on. For example, if the issue at hand is an upcoming board election, voters must receive detailed information on the nominated candidates, including their respective backgrounds and positions.
Once a voter receives a proxy ballot along with information regarding the upcoming vote, they must cast a vote and return the ballot to have that vote count. Proxy votes may be cast by mail, phone or internet before the cutoff time, typically within 24-hours before the established deadline.
My intention is to call D. F. King Monday and follow up. I have no intention of not casting my vote in a timely manner.
This is a message board for AMRN shareholders, not Truth Social. It's got nothing to do with pointing fingers. These are serious times for all of us invested in this company. I'll take the only sensible advice you've doled out today and ignore you. Have a blessed day!
I just called D. F. King and their representative said that absolutely nothing is etched in stone as of now. Not the meeting date or whether we'll be able to vote electronically. It's all just preliminary at this stage.
I'd be appreciative if the conspiratorial politically bent posters on this board would take a few weeks off and stick to reality. It'd be refreshing!
Solid choice Captain!
It's time to be freed from this debacle...vote BLUE!
GS looking at timelines for Ariad and Medicines Co. once Dr. Denner acquired seats on the board things moved fairly quickly. Both companies had much more complicated situations than ours. I think we can expect a faster turnaround potentially within 12 - 24 months. As far as what the BO price would be it's anybody's guess dependent on a myriad of outcomes. I'd be ecstatic with $8 - 10. If management gets their wish and staves off Dr. Denner my bet is we're a pink sheet stock within 24 months and heading for BK. I'm not taking any more chances with our current leadership. They've only succeeded in doing one thing well, personal enrichment.
This video of Dr. Denner is demonstrative of how he operates, his expectations and track record. It puts to bed management's assault on his capabilities.
We need a gang theme song!
BLUE by Eiffel 65
How can he announce a plan when our management keeps us the dark about virtually everything. A few posts ago you said we were almost "broke" at the end of fiscal 2013. I looked up the numbers and we had liquid assets of 219 million year end. While I was doing my research I saw the press release on Eddingpharm's China deal with our beloved management team. You know when that was announced? February of 2015! That's EIGHT frigging years ago. Enough of this CRAP!
I believe my position is accurate; JZ secured the deal with Pharmakon before the FDA reneged, not JT. The money JT raised with GS years later was earmarked for GIA. I checked our balance sheet on 12/31/13 we had $219 million in liquid assets, far from broke. No doubt JZ was stunned when the FDA reneged, a real gut punch none of us saw coming. I think JZ was so dismayed that's why he stepped down.
Study in that you've had recent direct communication with Lisa would you be so kind as to ask her a few questions about our voting rights? I'm sure all of us would prefer to be permitted to vote electronically. To date my TD Ameritrade accounts don't have any proxy information. If not electronically then is the company planning on mailing the shareholders the proxy and voting cards? Much appreciated and thanks!
Here's what pops up to me. JZ raised the money to bankroll Reduce-it not JT.
JT raised that money to GIA. He also hired 600 sales reps. A poorly timed maneuver. Our sales flat lined for an eternity. It took well over a year for management to realize they were unproductive and a huge drag on the company payroll. Not to mention the lump severance that had to be doled out when they finally terminated them.
JT guided us from hot to not.
So JT isn't nearly as thrifty nor competent as you make him out to be IMO.
Dr. Denner wasn't trying to rule the roost initially. He respectfully asked for a couple seats on the BOD. Amarin stonewalled him. That's why he's gone all in. Management gave him no alternative. The man has contacts! He's going to line us up with a better future as opposed to a drawn out walk into financial oblivion. Amarin had their chance to treat shareholders with respect and blew it. NO! I'm not giving them a second or third shot at recognizing we exist. If they don’t let me vote electronically, I’ll pay out of pocket to mail the damn proxy to Europe.
The Doctor has been involved in several turnarounds, to name a few Medicines Co, Biogen and Ariad. He takes languishing companies, pulls them out of the septic tank, then finds a suitable buyer. Perhaps he'll set us up with a partner that can start moving the drug over in Europe and even pick up sales here. Then that partner will buy us out. Maybe you're content holding a penny stock, I'm not. How we got here is because of an inept trio calling the shots JZ, JT and now KM. They're all sitting pretty financially thanks to Amarin. How many times do you want to get rolled? How many more years do you plan to give KM? Time isn't on our side, our runway isn't eternal. Dr. Denner has a proven playbook and it works. KM has big paychecks rolling in and free stock to boot so whether we sink or swim he doesn't give a rat's bottom. I'm not concerned with the good Doctor's abilities or motives. His track record speaks for itself!
Dr. Denner is 110% committed to increasing shareholder value and selling the company. Amarin management and the BOD are not. They have zero motivation. Their paychecks and free stock are more than enough to keep them fat and happy. JT walked away a millionaire 20 times over. When the well dries up they'll all move on to greener pastures.
Doctor you can count on my vote. I’m just debating buying a few thousand more shares to get my average cost down in a couple of my accounts. The accounts I’m down 70% in!
I know who I can blame for that. Myself for trusting management, fool me once. Frankly they’ve fooled all of us long term shareholders for an eternity. Enough already!
Seems like the AMRN link has been breached. Now I'm on the H&R Block complaints link? Sometimes it's the far right and moving further so perhaps it's an improvement. See you guys next year hope Denner (remember him?) stops ghosting us. Happy Holidays!
Based on your imbecilic remarks I implore you seek counseling. Pointedly seek juvenile counseling. Now please go back to posting to yourself. I'm taking to my wife out to our favorite Michelin spot and a enjoying bottle of Dom Perignon. The 2003 Plenitude - 2 is special. Of course since you can't afford it you'll have to take my word for it. Have a cold Busch instead it's as close as you'll come to a woman. Get well!
You're making me laugh...you made my morning! By the way I bought Celldex way before you and your fantasy group. Go back to posting gibberish with someone else. I'm busy raking in money shorting your minuscule positions. You're the king...of clowns on IHUB.
Dr. Denner should be sitting on the board. He can orchestrate a partnership to sell V in Europe. With an established BP sales force promoting V we’d get sales ramped up. That would pull our stock out of this quagmire. Phase two would be Dr. Denner effectuating that partner to buy us outright. It's not wishful thinking; it's what he does best. When KM took over in August of 2021 our stock was trading at $4.25. During KM's 16 month reign the stock has lost 70% of its value. The buyout won't ever come to pass with KM at the helm. With a limited bankroll and satellite offices in each country sales will never take off, period!
Or the total lack of absorption...having listened to Jordan Klepper interview dozens of his supporters is pretty frightening. Humorous too but these people carry weapons, cast ballots and donate to the penultimate grifter. SAD!
Now that's the TRUTH!
More facts...
"According to The Post, of the 19 companies that were paying Trump to produce or distribute merchandise with his name at the start of his presidential campaign, only two remain in such agreements: a Panamanian company called HomeStudio, and a Turkish company called Dorya. They both sell Trump-branded home decor.
SAD!
For sure! He'll be grifting right up until his indictment(s). This will collapse...when he decides to move back to Twitter. It's a much better platform to suck money out of his weak minded sycophants. Or when he's indicted, it's a given, just how many is the question. Or when Ron De and Youngkin announce. Too many high risk factors for my blood. Time to move my profits into something less risky! GLTA and goodnight!
It bears repeating. No one put it better than George Carlin, “Think of how stupid the average person is, and realize half of them are stupider than that.”
Depends how many indictments are issued. If it's two or more, which is very likely, it'll collapse.
You're leaving out so many big winners Putin, Orban, Kim Jong-un and Bolsonaro. No, not Bolsonaro the electorate voted him out, my bad. Although he wasn't man enough to admit defeat. Sound familiar? Only loser is our 246 year old experiment. Sociopaths must stick together and fully support psychotic narcissism to achieve it!
I never bothered to put a poster on ignore. I even gave IrishPaddy slack. The time hath come!
I've always had serious concerns about our management - BOD and their collective lack of fiduciary responsibility to shareholders. I’ve been a shareholder for over a decade. Save for about one year management has woefully failed us. Your DD clearly illustrates their lack of candor. We have a ray of light, Dr. Denner. Of course they're stonewalling him. This comes as no surprise. When he files his proxy I'll be sure to throw my limited weight behind him.
Not having Bhatt's analysis prepared for trial or detecting a cropped table in my opinion is amateurish...I wouldn't retract your statement.
In furtherance of your well stated opinion I suspect Kennedy picked the venue. At the very least he played a heavy handed role and approved of it. A poor choice indeed!
Rose I totally agree! The list is so lengthy it's hard to recall all the outright stupidity. I'd gladly put that one in the top five!
GIA was one of many missteps management has made. My top ten!
1. Wrong choice of venue
2. Not having Dr. Bhatt’s study available for trial
3. Legal team that doesn’t detect cropped tables and call out false testimony
4. Hiring 600 sales reps at the wrong time
5. Taking an eternity to recognize the reps aren’t producing
6. Inventorying too much Vascepa
7. Rewarding themselves with stock when they haven’t deserved it
8. Sending ill-formed rookies to the initial European Forum
9. Not refuting Nissen
10. NOT ALLOWING DR. DENNER A SEAT ON OUR BOARD!!!
Geez perhaps AMRN management played a sizable role in our demise too. If they let Dr. Denner have seats on our BOD I'll bet we rise up from the ashes despite their incompetence.
Or without proof...trust but verify!
I agree with DAR53. BI3 Dr. Denner is considered one of the most influential well connected hedge fund managers in the Biotech sphere. He has a proven track record of restoring value i.e. the Medicines Co, Biogen and Ariad to name a few. KM has no such track record. I'm sure the CEO's of the aforementioned thought they knew it all too. You ask what more can KM do, I ask what's his motivation? He has none. KM will be well compensated through salary and sweet stock options no matter. If the company pisses away its cash he'll hit the road for greener pastures. I've seen this CEO revolving rodeo time and time again. I'm certain if Dr. Denner got a couple seats on our board the stock would pop immediately and he’d implement a better strategy to elevate our stock price, it’s his forte. Until he does our shares will languish as will the future of our company.
From my perspective management has two paths to choose from. One is invite Dr. Denner to have a seat on our board. Better yet invite another member of his esteemed stable to sit with him. Allow them to straighten things out and get the price of our stock back up to $5.00 over the next 12 months. Then Dr. Denner can find a BP to take us out at $8-10. I'd be ecstatic with that scenario. Or let KM drain our resources to near bankruptcy while merrily filing Form 4's. With that end game our stock will soon be wallowing under a dollar. We might be fortunate enough to find a BP to take control for $2.50 a share before KM files for BK…you decide maximize value with Dr. Denner or a fire-sale with KM.
My expectation is Dr. Denner calls for a special meeting soon after next week's earnings get released. If they're yet again abysmal with a significant cash drain my suspicion is he won’t wait another quarter. Getting a seat on the BOD is critical to our survival IMO. If KM puts shareholders first it’ll happen, sadly that’s a big if.
Happy they also ignored the two ill-informed reps we sent to the initial forum. They knew less about our drug than most of the guys on this forum!
This isn't that complicated. In reading the bios of the nominees for the BOD there's NO legitimate reason Dr. Denner shouldn't be considered a far better choice than ALL of them. Take Ms. Enright a former attorney that practiced a whopping four years. Now she's a director at Prettybrook a family LLC group of investors, really? She sits on the BOD's of several no-name companies though, I’m sure it pays well. I'm not singling her out. NONE of them have accomplished what needs to be done at AMRN. We're at a cross roads. I'm not impressed with management, never have been. I've made it clear as to why. The list of reasons is biblical. If ever a company needed a white knight it's ours. If KM et al stand in the way of Dr. Denner it speaks volumes about their deaf ear policy toward shareholders and their abject greed.
Making predictions in hindsight, if I had time to step away from my livelihood maybe I'd get a kick out of doing it too. I see guys on other boards saying I'm short and trying to deflate the price but as soon as there's a rally they bought at the bottom...childish game!
HD what I think is they don't deserve nor can they justify incentives. You can take that back almost 2 1/2 years to the stock's pathetic performance! If you can rationalize why they do without going off on a political tantrum I’m all ears.
It's a reasonable assessment given our pathetic track record. Now how much will management rake in through incentives and stock options before the company runs out of cash? That's beyond irksome and numbing to think about. It'll be millions upon millions more than they've already pocketed for producing nada.