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Patent info was withheld! Don't listen to liz--JL's words of math will do 0--to "blow their class action out of the water".
amrn will be forced by court to compensate shareholders--expect a hit in the share price when amrn is ordered to compensate, but the real difference is:
That AMRN can prevail with the infringement case, and marj's 60 motion, ONLY IF ceo of amrn WAKES UP and joins the motion!
glta
eie
liz-jl"s posting math errors is 0-nothing! JT was required to DISCLOSE officially the danger of losing the patents, due to "Mori".
So please stop with your nonsensical statements: JL's words will blow their class action out of the water. "
JL does is not on the payroll of amrn AND AMRN didn't disclose that uspto REJECTED the patents b/c of mori. (neither did your genius jl).
You sound uneducated in law, so don't predict the chances of the class action---which is very high.
eie
skip-show me jl's post! SHOW ME JT DISCLOSING to SHAREHOLDERS RISK OF MORI.
Since JT didn't disclose risk--class action is legitimate--so I don't know what your none sense argument is all about.
eie
show me jl's post--it accessible--unless HE NEVER discussed it!
gl
eie
jas--you're confusing 2 issues: yes the court was wrong to use p/a mori against amrn, as bhatt wrote in his paper---mori is a mistake.
yet, until the court reverses its decision---a class action is a LEGITIMATE way to compensate investors for their losses!
ALB
eie
res-jl DIDN'T discuss it before trial. He would have sold right after fda approval in low 20 (like i initially did), NOT in high teens-as he admitted, close to the trial begining.
Please stop with the revisionist history. If he mentioned it in 2016--show me those posts--b/c I was not in amrn at that early time-
-but if he knew then (while rafa admitted on the board--during my time here --that rafa didn't know of the rejection due to mori), if jl was a sane investor he would have NEVER stayed with the stock after fda approval--as he did.
rose-ir told me they were "afraid"--its shocking--see post below--
eie
FYI-IR was "afraid" to use Bhatt's paper in appeal!
I begged them on the phone to include Bhatt's paper in appeal showing "mistake" of Mori, so we would win the appeal! (like marj is doing now by himself--w/o co.) , yet they told me they were afraid it would harm them!!!!
I said how could showing "mistake" harm us? ur wouldn't answer me!
You all know why---b/c it opens jt and kenn to SUPER NEG.! Shouldn't these people compensate for their:
1. mass neg. of mori
2. Unwillingness to correct Mori--out of fear of highlighting their mistake
be held accountable???
Please wake up folks.
good bye to all
eie
jas-liz is fighting MY initial war with jt.
I don't care how hard she helped marj--(marj is the hero not liz), she should not curse out people who disagree with her regarding class action compensation' especially when if not for my email--I provided to marj--the rule 60 motion would be a non starter.
I have. 0 interest in the multiple class law suits, nor do I qualify for the class, I cannot stand ignorant people attacking and CURSING others, who have the right to be compensated.
AND my posts have n effect on marj's appeal efforts. I wish him ALL the best--just do not believe the coa will back him without the co itself behind him.
eie
zip-its interest (compensation) of shareholders! not the company! How does replacing jt or kenn. make the shareholder whole, recapture his PAST loss? It doesn't! it just assures NO MORE LOSS from neg. management.
Class action suits are brought in every stock that losses a very large amount of market cap.
In the long term it has little effect on the co. sp moving forward--only helps shareholders who lost due to jt, intentionally, not disclosing the serious p/a problem of mori.
i don't know about you zip--but if they disclosed, that initially the uspto rejected amrn's patents due to "mori"-and only later granted the patens b/c of secondary considerations---I would have stayed far away from amrn.
Good to hear from you!
ALB
eie
liz-cursing those that helped you-shows your true colors...
res-dr. bhatt-not jl, discovered 'mori" mistake--.
The facts do matter here.
res-jl NEVER KNEW "mori" was a problem---and never showed it was a mistake,
res-i begged jt to file r60--to prove "mori" was a statistical mistake...yet he refused. to date, no one proved to court about the statistical mistake in mori!
Res-incorrect, pto approved b/c of secondary considerations, go back to he eArlier posts--or check uspto file.
P/A of Mori MUST be disclosed, it wasn't--as non lawyers some of you fail to understand how fatal and negligent that omission was.
ram-ins. does not cover gross negl--"mori"!
eie
ram--lawyers cannot make $, only you are allowed to.
lizz-wrong to curse (any) person--especially lawyers, who are doing their job (which they are entitled to) and salvage some money for investors--mislead by jt---not disclosing the danger of "mori" and the fact the uspto rejected amrn's patents for "MORI".
I HOPE SOME SENSE sinks in to your intellect, you are cursing the wrong people and blaming the wrong people , jt was ceo and is to blame.
and you yourself is to blame for being so emotionally attached to this stock.
good bye
gl
eie
liz-you all are giving jt a pass--and cursing the lawyers who could help investors, who lost money.
It happens in every stock that loses large part of its market share--go take a look at all losers of the day (40-50%) you'll see lawyers file class action suits.
So please educate your self--it is not the lawyers fault , you guys are still clinging on to this stock for a unlikely turn around---
instead THANK THE LAWYERS who will give back something from jt's negligence.
And yes, I repeatedly asked him to file rule 60 motion--which had a chance if co. would file it. As good as marj is--courts will never give a fringe group a win if co. is not behind it...
Sorry for reality--it hurts, but maybe you will wake up and smeill the coffee.
eie
jas-I emailed jt to file rule 60-not YOU.
Rule 60 has LITTLE CHANCE to succeed , since amrn is not supporting it--
try to understand...if co. itself does not believe in motion--that judge made mistake--you think app court will listen to a few shareholders...no!
since no justice will be served here--what is wrong to hold jy accountable for his (and kennedy's)failure to disclose:
that "HOUSTON WE HAVE A PROBLEM--THE P/A OF "MORI" WAS USED BY USPTO TO REJECT PATENT INITIALLY--AND SAME CAN HAPPEN IN LITIGATION.......
Hence, jt and co. had to settle.... they didn't and didn't disclose the Mori issue--mismanagement.
cannot help you if you don't open your eyes wider...
gl
eie
jas--it happens with every stock that loses half of its market cap.
And yes, the investors get back some of their loses.
So don't be "shocked" and don't give up on the gr8 usa.
Why shouldn't mismanagement be held accountable??
eie
capt-I forgive you! your post seemed to say otherwise....
If you knew "Mori"--then you wouldn't be surprised that the law suits will succeed...
eie
Hi S- I believe so--yet the judge at the hearing to dismiss was initially very negative and pro hickma.
He didn't buy the argument--that since "hickma removed the cardiac disclaimer--that itself was inducement". The judge felt Hickma had no choice--and it was a fda issue. I think he is wrong on that point.
But towards the end of the hearing, Kane did a better job (was awful in the beginning--unable to quote from the complaint basic issues...)
and presented to the judge that Hikhma's label itself induces infringement, b/c they do not specify that the drug's indication is for over 500 trigs , rather from 100 and up--and that seemed to convince the judge that Hickma intentionally was inducing infringement, together with other issues, such as web cite and press releases.
So, yes I still believe that is AMRN's best chance of prevailing and getting the sp back to double digits..
Gl
eie
skip-Yee didn't mention "mori" as a serious issue prior to du's bomb.
And you are throwing rocks at me --not marj....please read the posts before responding.
I have no more time/patience to respond to your ignorance.
eie
skip-you're a fool--marj used my emails to help YOUR 60 motion.
Come back to reality....and don't throw rocks and those who helped you.
eie
dov--you're naive--accountability=justice.
Management destroyed investors hard earned money--and they should compensate them. It has NOTHING to do with greed.
Why do you invest int the market? for fun or money...
gl
eie
skip--nobody was aware of "Mori" on this board--so don't lie! Even "longs" like rafa admitted such, go back to the posts...
BTW--it is not my case...it will be yours...
gl
sorry for your losses-my "law" saved me from losses here...
You law knowledge gave your massive loses...
ALB birdbrain
You're all missing the point--"Mori" is the issue here--management FAILED to warn/disclose to investors that the p/a of Mori is a serious concern!
As we later found out, that the Patent office itself used "Mori" to initially reject the patents!!! No body on this board knew that--as I posted then on this board...
All the lawsuits have a very good chance to prevail---and definitely will pass a motion to dismiss.
I hope all is well with everyone--GL to all!
eie
itrm is in label/post market stage!!!!!!!how can it be a non label substantive issue? was the fda sleeping. come on shorts----wake up.
8
no bear on st, nor ihub can answer irrefutable logic questions--so they babble drivel.
8
wanna--instead of cfr drivel, answer my irrefutable logic questions:
(1) how could it be that during the "label stage" they found such a major deficiency that will cause a crl? ; and
(2) if the adcom cancellation was b/c it was a lost cause (not b/c adcom unnecessary as fda actually stated--meaning no issue), how did they get to "label stage"?
answer: minor deficiency.
8
m3--you don't understand basic english? the difference is not in thee deficiency letter---but the stage of our case---which is POST LABEL DISCUSSIONS, and there's pre label and post market discussion.
please leave the market if you can't comprehend basic legal arguments.
I am an attorney, and you?
8
me--we were ALREADY IN LABEL DISCUSSIONS---all your other co. receiving a crl WERE NOT. Hence cannot be anything other than a label issue.
major distinction.
Also other co. did not have their adcom scheduled, then postponed, then told UNNECESSARY.
major difference.
I hope you understand now, why the argument is irrefutable.
8
Let me make this easier for scared shorts to understand:
when you were at your wedding ceremony--did you ask your wife about major deficiencies--like a prenup?
of course not! we are at label stage shorty--1st and goal---fda wouldn't wait for major deficiency---
8
irrefutable logic against bears/shorts:
(1) how could it be that during the "label stage" they found such a major deficiency that will cause a crl? ; and
(2) if the adcom cancellation was b/c it was a lost cause (not b/c adcom unnecessary as fda actually stated--meaning no issue), how did they get to "label stage"?
answer: minor deficiency.
100 % on quiz
8
kiwi-good to hear from you as well. I think market is undervaluing the us market/since amrn cannot win a case for their life, and undervaluing eu market--b/ they have 0 trust in management.
They say fool me once....
The day they didn't bother to hire a big name ceo--I had it and trimmed my position. We already had a mediocre ceo. 500 million could have given us a all star ceo, but they are like the Tampa Rays....
The only reason to hold this stock is for Teva losing their appeal' which gives amrn a bump in sp--and good chance for settlement.
alb
9
7-i've learned impossible to predict with courts--especially with covid-excuse---but teva case should come soon--which will help amrn sp and might lead to hickma settlement.
9
mn-in the meantime hickma isn't infringing b'c of fear of penalties...