Amarin Corp Plc (AMRN)

[JRoon71]

So, from the letter sent yesterday, I took away the fact that Sarissa had no plan in place for the entire board resigning, and had no plan in place for KM resigning. And from what it appears, they have no clearly articulated plan for next steps, and very little idea what they are doing.

I would love to tell you from where I now sit that all the shareholder frustrations over the last few years regarding stock performance, capital allocation decisions, lack of accountability from leadership, and other issues, were completely misguided and all that is needed to turn Amarin around will be easy and quick, but I cannot. That is the state of Amarin that the old board (en masse) and later the CEO left when they unexpectedly resigned soon after the shareholder meeting. There is a lot of work to be done, and it will take time...Meanwhile, the board has commenced a CEO search to expeditiously fill the permanent role.

It also appears from the Proxy, that they are simply carrying forward the same compensation plan that had previously been in place, that everyone seemed to have a problem with.

It's 2 months in, and they're already apologizing for not doing what they said they would do??

Listening and communicating with fellow shareholders, the owners of the company, more frequently. We have not done enough and will improve.

From where I sit, it seems that this is just more of the same, but with a group of directors that have no idea what they are doing and what is going on. The fact that they went into this without a clear plan is pretty shocking. I never thought that this would be a "quick" turnaround. Just the opposite. But I certainly thought they would have a plan in place to hit the ground running.

I'm sure JASBG will now respond with why he thinks I am some sort of shill for previous management. But can anyone actually say that I'm wrong? Every single shareholder was hoping for more from Sarissa. And all we have gotten is silence, and then "sorry, we didn't expect everyone to leave, we're working on it".

I'm not defending prior management, but don't wage a hostile takeover of the company, get virtually all of the shareholders on your side, and then completely lay an egg.