News Focus
News Focus
Followers 39
Posts 2699
Boards Moderated 0
Alias Born 06/08/2014

Re: Chromosome post# 398421

Monday, 01/16/2023 6:05:03 PM

Monday, January 16, 2023 6:05:03 PM

Post# of 447226
Chrome, I believe it's highly unlikely Denner fires any management right away even if he took over the entire board. The question is why doesn't AMRN management want him on the board at all? Don't they want to sell the company? Get the most value? They can't argue Denner would add no value. That's just bullshit. So what? It has to be the direction he would want to go will not be the same as where they do. I know where he wants to go. I don't really know where management does. The fact is their credibility is destroyed by their own actions. I don't trust them to do what is best for shareholders. Others talk about management and their plan. What plan? The fact is they don't have a plan. One is only ever vaguely communicated and then dropped to go in a different direction. As an example...what have they done about the inventory? This problem is years old and vaguely addressed like every other issue they have. So we can't afford to run a trial comparing V to gV, but we can have hundreds of millions in excess inventory? This company is run so poorly and has got away with it because of a big dilution and one hell of a drug, but the day of reckoning is coming unless we have a radical change from our present course. At the least, Denner having board seats should keep us being diluted into oblivion. They will do that in the next 18 months on the current trajectory because they won't have a choice.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News