InvestorsHub Logo
Followers 20
Posts 1059
Boards Moderated 0
Alias Born 04/01/2013

Re: kaylawa post# 4237

Monday, 04/15/2013 8:28:32 AM

Monday, April 15, 2013 8:28:32 AM

Post# of 425959
When it says they are required to retire I'm pretty sure all it means is they need to elect 2 new board members every year and not RETIRE from the board or else you would have major turnover every year and the intent is to make sure 2 board member need to be elected each year not be forced out so if the 2 that "retire" run and are elected again then there is no change.

It seems the 2 people that are leaving the board were required to be on it due to the investments made by their companies but there companies most likely have liquidated their positions at this point, at least enough of the position to no longer need to sit on the board. Simple as that, they were there to protect investments that no longer need protecting.

Either way them leaving does not mean much as AMRN has become about Anchor execution, how to raise money for launch(Partner, BO...?) is going to be the main focus before launch. Pretty clear the 2 leaving have no bearing on partner or BO once Anchor is approved.



Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News