Amarin Corp Plc (AMRN)

[raistthemage]

The SPA will be reinstated by court order

In six months as long as the management doesn't do something really stupid (and despite what some say on this board this isn't a realy stupid management, like for instance GTC biotherepeutics had) like drop the appeals.

The federal court is not going to be like the FDA appeals, I supposed AZN GSK or whoever could get to the judge but I think its unlikely. The FDA has a bad track record in these cases lately. The court is not going to grant them defference on their opinion that black is white and even if they do... they took way too long to inform Amarin of that.

In addition the FDA will have to pay substanial damages for breach of contract... as long as the appeal isn't dropped there is no prospect of death spiral dilution.

If the appeal is dropped... who knows.