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Re: Whalatane post# 32642

Thursday, 08/21/2014 7:31:47 PM

Thursday, August 21, 2014 7:31:47 PM

Post# of 424006
Hi Kiwi,

The Notes could be converted to shares without the shelf, since the shelf is for public offering. AMRN could issue new shares since "Common stock, £0.50 par, unlimited authorized" (latest 10-Q).

Delay of the shelf:
- the reason should be material and unofficial , since otherwise they have to issue 8-K as material event
- I have 2 idea regarding the reason:
a.) they think based on new info that the registration is not necessary now
b.) (It's came to my mind now) based on new info they would like to change the prospectus, when the info will be official ...

For both (a and b) I could conclude one info only that is big enough to suspend the shelf .....

ps.: BioBill, AZN submit the sealed document on Monday, 08/18 and not on Fri 08/15 (as I remember)
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