Amarin Corp Plc (AMRN)

[Invest83838]

Mogwai, I'm a Big Time Long


at 95,000 shares.

But I certainly believe the top management's total packaged compensation over the last 5 years has gotten out of hand.

And I will not believe that FDA will grant Amarin approval to sell Vascepa for the RI / CV indication until they officially do so.

Either way, Amarin management is milking the available cash as much as they can to pay themselves (in cash & stock) as much as they can each year until FDA allows them to make billions from Vascepa sales related to RI / CV indication, until RI is a failure, OR if FDA screws them again even if RI is a success.

Former or existing company managers such as HDG & Kiwi apparently have no problem with this milking of the cash cow for all it's worth since they have probably done it themselves.

It used to be companies paid their top people reasonably and kept a large cash reserve for the unknown emergencies.

But obviously that ethical practice has disappeared from companies over the last few decades because top managers now look out for themselves rather than look out for the company.