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Re: Mogwai post# 69024

Wednesday, 01/13/2016 10:58:53 AM

Wednesday, January 13, 2016 10:58:53 AM

Post# of 425795
Mog,

"It could be a total failure, in which case the company will go BK"

You are seriously out of your mind...bankrupt ?!?!?

Let me refresh your memory that Amarin is not a company with a do or die drug trial/approval
The company already has an approved indication for the drug which is selling in the market and gaining market share and generating revenues. If Red-it is a failure, the drug is still there, selling and competing with generics with huge patent portfolio....etc At that point, the management might decide to sell to BP at a very low valuation. Based on current sales and expectations and taking into account the debt obligations, that will be in low single digits
So just to make things clear and for you to stop your scare tactics, even with a failure, the company will not go bankrupt, as simple as that
So please spare us your philosophical views which are clearly being said for a purpose, whether personal, whether for your big boss or whether from a hatred towards people who never been nice to you in the past....i do not know and don't care to know, so please take a chill pill and stop the scare non-sense tactics
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