Amarin Corp Plc (AMRN)

[Jasbg]

Pdude,

The only thing anyone has said Denner is going to do is “raise the SP and sell the company”. No shit but that is not a business plan that signifies any real change to what THE NEW F$$KING BOARD AND NEW MANAGEMENT are doing.

The new Board might stop stealing Millions of shares (with options for millions more) from an already suffering Company - putting them into their private accounts.

You are impressed by a new CEO - that in 8 months lost more than 80% of value of Company. Amarin revenue - his first Quarter fell 30% - were what WS reacted to - and sent the SP back to little above $1 - where it has stayed for months and months - until Denner announces calling the Special meeting.

Expert on Europe MA - Germany an absolute disaster - almost a year lost in time + around $100 million cash. Know there is Covid and other explanations - but many BIO companies at the same time had the time of their life - could it have maybe something to do with leadership and management ?
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What KM should have done (had he had the balls) were to day one in office announce 3 simple things for New Direction of Company:

1. No more F4 bonuses for anyone - until Company back on secure growth track.

2. No more GIA plans for the future. The goal for Amarin is to be sold (BO) soon as possible.

3. Only BP has the power and resources to handle Europe - where the process of getting to the marked, in reality is times 27(28) of the same process getting into US marked. Power of BP equally needed for getting to ROW in time.
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Basically what KM should have done when he took over - is what Denner is going to announce when he hopefully soon 'clean house' - and announce - no more F4 - no more GIA - Amarin for Sale.

All rather simple to understand really :)