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Re: JRoon71 post# 410631

Thursday, 06/15/2023 6:34:29 AM

Thursday, June 15, 2023 6:34:29 AM

Post# of 426330
JRoon, but I still go back to the facts as I know them from a high level.
Progress was slow at AMRN and there had been multiple negative events.
There didn't seem to be an emphasis to expedite any progress.
SP as we all know it was underperforming
Denner saw as many of us that AMRN was way undervalued
COB, Board and Senior Mgt. were highly compensated for their lack of results
Denner ask for 2-3 board seats and was rebuked by PWO
Proxy vote ensued and Denner won. PWO gone and seven new board seats added
THEN;
The old board picked up their marbles and left as they didn't want to play
KM, had his position but elected to leave it all behind instead of wanting to play with new teammates.
So, that has put Denner (who invested over $100MM) to pick up and move AMRN forward.
I am not patient but at this time I will have to wait until this improves.
Time is of the essence!
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