Replies to post #205152 on Amarin Corp Plc (AMRN)

[Whalatane]

Rais... borrowing against an extremely profitable income stream ?
Show me any AMRN quarterly report that’s “ extremely profitable “

Poster gg ( who I believe had a finance background ) has already mentioned the existing Pharmakon loan that I think holds the patents as security
No bank will go in second position
They would want the patents for security
So you use half your cash on hand to pay off Pharmakon .... wait for the FDA approval .... then reapply and wait another 60 days or so ?

So now we’re into Dec and you finally have your financing to start funding the initial stages of your marketing campaign ..... and you don’t think your shareholders would be outraged ?

Think of this as a land grab .
AMRN will go for the “ Big Bang “ .... grab as much of the Statin add on market as they can ... as fast as they can .
That’s why they raised the $ when they could , the easiest way they could
JMO
Kiwi