Replies to post #277442 on Amarin Corp Plc (AMRN)

[IslandOfMisfitToys]

I would not overreact to this. This is standard corporate operations. This is intended to last for another 10 years most likely.

Authorization of 20 million shares doesn't mean immediate issue of 20 million shares.

[fsulevine]

Those are not shares that will be issued most likely... it is a standard defense by all small, publicly traded companies to help prevent a hostile takeover by a larger company that just slowly buys up all the shares. Having something like this IS in the best-interest of the common shareholder.

[circuitcity]

Totally agree with your sentiment.

I will vote no unless this 20m shares are targeting reps as bonus, vetting over 3 or 4 years, as a retainer to keep them, not the mgmt and board!

[invest2992]

When Thero returns 10,000,000 of his shares, then I'll vote for the 20,000,000 share compensation package.

[Invest83838]

Because JT and AMRN Management

screwed up and chose a judicial district with only Obama-appointed

Socialist Democrat activist judges

who favor Obamacare, which favors generic drugs

and accordingly AMRN lost the case and the stock price is in the toilet

and their future now hangs onto the appeal

JT and AMRN Management now wants 20,000,000 more shares of dilution

so they can keep themselves (the best and the brightest LOL) around

so that they can keep milking this for as long as they can

I will certainly be voting NO to this

and most likely anything else they want me to vote yes to

Frickers!