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North, thx. It will be an interesting month fingers crossed. But I'm perplexed about the recent heavy volume. I'm wondering how few people knew that amarin was going to redate the record date. Very bad look but all's fair in love and WAR.
I found the newsfeed the Sarissa filing hit the feed at 4:36 PM yesterday. Mystery solved.
Form PRRN14A AMARIN CORP PLC\UK Filed by: Sarissa Capital Management LP
10K WIZARD 4:36 PM ET 1/27/2023
and this is what's filed with the SEC but with NO announcement about the filing through the news feed.
https://www.sec.gov/Archives/edgar/data/1577524/000114036123003132/ny20006859x4_prrn14a.htm
It's weird that Sarissa's proxy shows up on Amarin's website but it didn't hit the news wires that they filed. If you search the SEC.gov website you can locate the proxy that was filed yesterday. I'm confused cause of the new rules and wonder if this is the norm or if it is Amarin's way of limiting the public attention to details. I hope Sarissa can legally alert the public to vote using the BLUE proxy card.
https://investor.amarincorp.com/node/22626/html
Correct.
Tm100 IDK. I'm perplexed about the volume after the fact.. unless hf didn't know amarin was going to pull a fast one. I will never trust PWO ETC.
Rose, this action proves hoe slimy amarin really is. Besides being liars they're low life SOB. If they were playing fair like legitimate companies they would normally provide record date in advance. Someone I know and respect tweeted that amarin was going to pull a fast one turns out he's right. He's one of my HF contacts. And knows Denner. I didn't mention it in case it was incorrect.
Rose if you're leaving on a cruise the proxy card will be issued before then. So you'll be able to vote.
Rose, record date was.jan 23. If u bought shs. On or before jan 18 then you r entitled to vote the shs. Settlement date has to be on or before record date.
STS, thanks. Keep in mind that the new proxy rules are a learning curve. Not sure about Sarissa messing up their filings but it is what it is...LOL.
Now we need to cross our fingers that Feb 28 is successful for Sarissa to oust PWO etc.
Slowly this company will be another great one product company with the guidance of Denner in the driver's seat and will eventually be sold. Patience grasshopper.
bobwayne, yes. Sarissa filed their Blue proxy this afternoon after the close.
Fingers crossed that Amarin doesn't pull a fast one like find a BP partner and make them look like heros. Which of course we know otherwise.
Filed by Sarissa
http://archive.fast-edgar.com/20230127/AD22L22CZ222M2F2222I2C42AAS2SC22X252
Filed on: January 27, 2023
The below proxy was published on the Amarin website. I'm confused I thought Sarissa would file a separate proxy on their own. I called D.E. King they were clueless.
https://www.sec.gov/Archives/edgar/data/897448/000114036123003132/ny20006859x4_prrn14a.htm
bobwayne, make sure you confirm that you're voting using the BLUE proxy card. Your brokerage firm should instruct you.
duke, AG?? what is it?
kiwi, I'm clueless in NJ. I have zero ideas how these countries determine approval and then determine the price of V.
jroon, so the record date was this past Monday Jan 23. The last trade date to vote your shs would be Jan 18. Since the trades have to settle by Jan 23. Interesting so all the volume we witnessed since Monday will not be eligible for a vote where is all this volume coming from if it's not for a vote??? And why would funds be buying???
jroon, I didn't read the cover sheet of proxy, my bad. I'll read tonight.
jroon, what's happening Feb28
jroon, I have a funny feeling that Amarin has something going on that would require a broker/dealer to represent them. For the proxy fight, they have the solicitors. They need an extremely powerful announcement that would catch the publics' attention enough to question their vote and to swing it back over to the current BOD.
I hope Denner has something going on that would overwhelmingly win over the doubters.
zip, that would be one way of capturing the US market and the generics can't touch it. For a while anyway.
jroon, I'm thinking a partnership in the EU. Let's assume JPM is buying for their clients or whoever. What's in it for JPM? Nothing.... that I can think of except they get a payday if they broker the partnership deal. Especially if it's BP they have in their back pocket.
scxj, no reply and no returned email for incorrect address.
OK, people here's my observation and opinion. As I've mentioned in the past Amarin has NO reason to retain JPM unless they're currently negotiating a deal (partnership) and JPM is the broker. And that is the reason why JPM was hired, Amarin will pull a rabbit out of its hat and find a Partner for one or more of the larger countries in the EU. This will all be announced prior to the record date and the shareholders who don't follow this piece of garbage on a daily basis will believe the BS KM et al throwing out in PR's. People will think they are making progress and will vote for the PWO BOD that's how Amarin plans to will win the proxy fight.
Please think about the above scenario. Don't be fooled.
They have 21 days from Jan 17 to set the record date which brings us to Feb 11.
Rose, it's the new universal proxy rule. They must include all sides and include the kitchen sink. I think sarissa will file their proxy requesting ppl to vote blue card.
but still no record date.
another proxy filed by amarin Def 14A
http://archive.fast-edgar.com/20230127/AU22NG2CZC2RNZZU222A2ZYNMTPLOZ22Z252
tal, thanks but I can't read the article I don't subscript to FT. Is there any way of copy and pasting? Thanks
capt, funny you should mention that. Great minds!!!
I sent an email to jacqueline weng. I'll let you know if it's real or if I receive a reply.
sleven, they've been trying to complete the IPO for listing on the Hong Kong exchange but they're very strict with regulations. The last prospectus showed their financials are lacking substantial $$. I'll try to find the link on their website. Also, they've raised a ton of private funding from HF's like Sequoia. The HF's want their investment returned and the only way they can do that is to have a publicly traded vehicle so they can sell their stock. But cause the financials go steal due to rejections by the officials they've filed preliminaries a few times. Last I read the Hong Kong regulators are trying to get the regs lightened up so more companies can get listed.
Also, covid hasn't helped their cause.
STS, Eddingpharm needs to file their prospectus. They've been trying for a few years now. I believe they don't have the cash to pay amarin according to their agreement to start selling in China except for a small island off China I forget the name of the island and Hong Kong as well. But we've never seen any $$ from Hong Kong sales. Which leads me to believe it's a farce along with others.
combo please
kiwi, read the instructions on the bottle. Do not refrigerate. It losses its effectiveness.
Tell me what my options r. Enlighten me pls.
jroon, it is weird with all the small trades There have been many blocks trading in the middle of the bid/ask I tried to place a trade in the middle of mkt but Fido doesn't permit retail to do that so it's definitely tutes. And since they're done in the third mkt unless I check block sales they don't show on my second level. Boy do I miss the days when I had the inside track using instinet. Now that's even old news.
Michael, Yup and the plot thickens.
Raf needs to tweet another questionnaire about who ppl will vote for Sarissa or the current BOD.
Jpm is representing amarin. I think gsco reps sarissa.
I'm wondering if jpm is accumulating shs?