Friday, April 17, 2020 11:34:49 AM
To partner EU in hopes of providing a life line while pursuing litigation and thinking the chances are high of an appeal is GAMBLING and AMRN is not living up to their fiduciary duties.
Partnering reduces shareholder value, the rev value to the company is chopped by 60% at least. So if we lose "AGAIN" this is done for good.
Despite all the "holes" and "procedural errors" this is not a clear win. It has less chances now than when we had "high chances" the first go around.
So write IR, express your opinion in a appropriate way.
I did put in my email to IR which they have responded with the boiler plate stuff. THAT IF JT IS THAT CONFIDENT IN A PARTNERING STRATEGY AND WINNING ON APPEAL, he better make an open market purchase to show his confidence. They're in a blackout period currently, so we'll see.
Recent AMRN News
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