Amarin Corp Plc (AMRN)

[IslandOfMisfitToys]

Like I said, this is something I might well have decided to do myself were I running AMRN.

It is absolutely true that, if R-IT fails, and it could -- I don't think it will, but it could -- then this company would be completely on the ropes, and they'd be required to do a huge dilutive raise at $1 or so.

It's risk management, and good management teams tend to lean to the risk averse side -- for a lot of reasons, some corporate, some personal.

As I think more about it, I guess I have to concede that this was more likely than I thought it was (i.e. it was completely off my radar).

If they were SURE R-IT will succeed, they wouldn't have done it. They're not sure. But then again -- no intelligent person is SURE.