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I've been away from my office. Wow volume? If we only knew who? They're keeping the price range very tight.
It appears that the size bids are popping up. Volume is picking up too.
James Murphy, interesting thought. Especially since amarin determines the record date. Slimy ppl
nuke, I'm going to watch the movie. Thanks
The word quorum invokes the thought of a majority but a majority doesn't necessarily mean a quorum. It depends on the rules set by the SEC.
capt, I called D.E. Shaw. The current proxy rules apply. But the rep said Sarissa would need a "quorum" to win not the 67%. It will state in the final proxy the record date and the guiding rules. Although she used the word quorum. Maybe we just have to wait till the final is filed which is determined by Amarin. I'm wondering if the recent heavy volume is actually Amarin lining up their friends to gain more friendly votes on their side. Then they call the record date. I wouldn't put it past them to do something slimy like that.
capt, thanks for the intel. I think that makes sense I wonder if I called D.E. Shaw if they would know the answer. It's worth a call for tomorrow. Sarissa won't communicate on an individual basis and Amarin probably won't disclose answer.
ramfan, someone once said to me that you don't have to like a person to do business with them. It can't be personal when you're dealing with millions of $$$. Denner knows the hidden value he can unlock with V in the US and the EU. We have to gain market share in the US, and we definitely need a BP partner he knows that plus with his connections in the biotech arena, he probably has a company in his back pocket. Too bad he can't communicate his plans prior to the vote.
seve333. I cringe to think what the consequences will be if Denner losses this proxy fight. But after researching some of his past successes he doesn't give up easily it may take some additional time.
I hope Amarin continues to put out their 3rd grade PR's so the public can see how ignorant they truly are.
The volume in the past several days tells me someone is flushing the toilet. UGH
isaeed, if I could vote 100 times for your post by hitting the like button I would. Well put and explains in layman's terms what will happen if Denner loses this proxy fight. It will not be a pretty sight for us long suffering shareholders.
Already the share price is telling us it's going to be difficult going forward till we have a final vote count.
situ, A blue proxy card will be issued by Sarissa. They're using D.E. Shaw as their proxy solicitor. It's important to not respond to the white proxy card.
I thought the new universal proxy rules would apply and from what the definition states that the new rules would be one proxy card with both new and current board members and section to vote for your choice. But I think they're using the old standards which leads me to a question what is the percentage of votes that will be required for Sarissa to win the proxy fight???
If anyone knows please post. Thanks
orbapu, incorrect information. It's not a game and if Denner gets the 67%votes of the voting shareholders it's a done deal.
Who was the poster on stocktwits?
Here's another criticism I have with the hastily prepared PR from KM yesterday. At the end of the KM message, it says please contact Mark Marmur. NO phone number NO contact information no email address WTF. When did this guy show up at the front door? It's another stupid PR. So unprofessional. They're all amateurs.
https://www.linkedin.com/in/mark-marmur/
the canes, excellent reasoning on your part. It's so important to make comparisons of track records and the number of accomplishments Denner has had vs all the rhetoric being thrown at us shareholders by KM. Show me the revenues from the EU we've been waiting for over a year for a crumb of $$$$. But no it's getting worse instead of better. The only company that Amarin has an arrangement with is HLS and there's our proof that V can be sold if in the hands of right BP.
All you naysayers.....Think about that for a while ....
Michael, its addressed to internal communications
jroon, if they knew this internal communication had to be a public filing with the SEC why weren't they more professional with their communique with their employees?
know nothing, nope they would have changed to wording to say that. I hope Sarissa reads this silly PR.
ramfan, You can't fix stupid no matter how you cut it. The most immature PR to date, a third grader could have written a more comprehensive PR.
Whoever wrote this release must not proof read the wording. The worst. DUH
A near term milestone will be filing our definitive proxy statement with the SEC and mailing it to all Amarin shareholders, including those of you who are shareholders.[ That document will include the date of the General Meeting and instructions on how shareholders can vote their shares ahead of the General Meeting.
duke, yup MSFT is investing a bunch of money in the company.
so people KM is stating that Amarin will be in the news in the coming weeks. LOL You think???
http://archive.fast-edgar.com/20230123/AU2ZN22CZC2RN2Z2222A2MYOMTPLZZ22XI52
jroon, yeah he ignored him.
jroon, it appears that as of the last filing date 11/14/22 Denner has lightened up on his GILD position.
Jroon, you may be correct. Denner is gsco golden boy.
james murphy, if you can locate the article please post it. GSCO is Denner's go to firm....maybe that's why Amarin had to change bankers. It would be a conflict of interest. As I'm posting this I'm thinking out loud. That makes more sense since Denner makes more money for GSCO than little old amarin. That's why they turned to JPM But I still don't understand why they need to retain them.
invest, very funny.... touche
Invest, LOL that's not going to happen but if there was a legal way of doing that I'm willing to listen. It's really important to get out the vote. Now I feel like I'm campaigning for a political candidate. All's fair in love and war!
james murphy, you lost me with the Blackrock connection? I agree they're ruthless I have no idea why amarin retained jpm.
invest83838, The company will determine the record date. Then the proxy solicitor will notify the brokerage firms threw DTCC. They have a 28 day window to hold the meeting and count the votes. I wonder if they'll let anyone into the meeting room??? LOL we should get Liam to attend. It'll be a hurry up and wait kind of thing. UGH.
ggwpq, I'm not sure anyone should attempt to change anyone's mind when it comes to their money. I know I'm right and for me, that's about all I care about. I will help the cause any way possible.
orbapu, Then he'll have to fix the problems. I'm sure he's prepared for the worst whatever that may be.
ggwpq, every vote counts. If Denner loses the proxy fight. This stock will go to .25cents! Then they will run out of money cause the ins. companies won't cover V and the first qtr of 2023 will be awful. So lets say a prayer the stockholders of AMRN are going to be proactive and vote the BLUE proxy card.
CBB, all good points. Consider this thought, I'm wondering if Amarin doesn't realize their limitations. The old "peter principle" way of thinking. Maybe KM's ego is big enough to actually think he can pull off a successful launch in the remaining countries while GIA. Why haven't they had any revenues in the EU. Something doesn't add up.
North, thx that makes sense.
STS, yes I haven't seen a more recent filing and it's not due till feb 15ish.
johnhancoque, links please. thanks
dogn, it is curious that they would retain a top brokerage firm. LOI is nothing more than an agreement which means squat. I can see why they retained a group of outside attorneys but why JPM? I'm so cynical of AMRN and their fluff BS maybe it sounds good to include a top banker in their PR but hopefully Sarissa will win the proxy fight and end their BS words that are meaningless. We need professionals on the BOD, Vascepa is to valuable to let it go to waste. The record date can't come soon enough. Someone on another board said it may be Monday. Then we have 28 days max to get the votes together.
I wonder if there's a quiet period once the record date is announced? Anyone know.?
Michael, hybrid work. I've received a few emails from IR with the same message.
ggwpq, I wonder if it was Lisa. The only way I got them to reply to my questions was to cc Denner. They're so full of BS. It's too late to apologize.
ggwpq, if you don't mind sharing...what was her reply?