Amarin Corp Plc (AMRN)

[HDGabor]

First of all I never take anything as personal and I –try – to not insult anybody else. I never comment post of ricardoga, Dawid Fowler, New Money, etc, since they do not say anything. (btw: it’s so funny that some of them is the moderator of this board …) I try to fit Ajax’s statement to the fact – and I could not – but it was not about Ajax, it was about his statement. Since, I have a finance, company operation background I couldn’t not to comment if somebody asking “stupid” question, requesting info that is not for public.

I am still believe that - with KOWA - Amarin could generate a decent revenue (w/o ANCHOR). Management said during the last CC “As previously described, our goal is to achieve net cash outflow of not more than $80 million in 2014 and to make our cash flat.” and I think it’s doable.

My problem with current step is:
- benefit – if any - is significantly lower than advantage
- it was not necessary now (or if yes we were definitely misleaded)
- so, it’s not fit to the communication of the Company
- it has a long term effect (any result will be worth 85% only in the future. We do not know the exact condition for the exchange, but if we receive a BO offer - let’s say – $15, the holder will convert and we will receive $12,75 / s)

Without a good reason – and if any, that is bad for the shareholders – this step is unacceptable in May, 2014.

I am so interested what will be the opinion of “supporter of this action” if we will hit 50M revenue in Q414 (I do not believe, but who knows)… and if I am wrong and it will be really important in 2017, than …. AMARIN (R.I.P. – 2016)