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Re: Biobillionair post# 28494

Sunday, 06/01/2014 1:54:44 PM

Sunday, June 01, 2014 1:54:44 PM

Post# of 426566
1) Can Amarin take it's cash level below total owed to Pharmakon?

Yes and will, but after ‘Can Amarin take its cash level above total owed to Pharmakon?’ - Yes and it will

2) What is the "Threshold Amount has been reached"?

150M - “Outstanding Threshold Amount” means an amount equal to, when taken together with the cumulative amount of cash paid by Seller (or its Affiliates, as applicable) and actually received by Purchaser under this Agreement prior to such occurrence, the Threshold Amount, “Threshold Amount” equals $150,000,000.

3) We don't know the "threshold amount".

Scheduled Quarterly Amount payable by Seller and its Affiliates pursuant to Section 2.1(a) will be subject to [***] (each, a “Quarterly Cap”), - yes, we don't know but based on revenue and interest payment it was 10% of previous quarter revenue in Q413, Q1&Q2 14

4) Amarin needs to be cash positive ASAP!

Agree. If KOWA's reps has at least the same efficiency as the AMRN's sales reps it will be happen in Q215 (without ANCHOR)
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