JRoon- I get your frustration and can offer no reasoning why the company acts as it does (or does not act when it comes to communications). I look at this stock and value it at zero in my portfolio. My experiences over the years including the few times I have lived through the death of an investment guides me to believe that we are not headed for a good outcome here. I still believe there is a better than 50% chance that I will get above current price for my shares.
I may be incorrect, but I have not seen an instance when Denner has taken a company private. I don't know how that helps him sell V worldwide, and question his desire to get down and dirty and run a small biotech company. The real issue always comes down to what is V worth in its current state and foreseeable future. Only a large organization with marketing resources, R&D budget, sufficient legal budget, and most importantly long time horizon will find any value here. I fail to see compelling reasons why Denner takes the enormous financial risks as well as risks to his reputation in the "activist" space to take on privatizing this tiny one-trick pony of a company. I still believe delisting means nothing to the value we get for our shares. That said, if Amarin is near profitable for the last year, Nasdaq will most certainly grant another 180 day reprieve. Sorry, I can't provide a nice little blurb as to why, just a lot of experience with multiple extensions.
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