Replies to post #331087 on Amarin Corp Plc (AMRN)

[postes]

CBB...perfectly said!

[ziploc_1]

AMARIN HAS FAILED TO COMMENT ON THE RULE 60 CASE UP TILL NOW

Possible assumptions we can make about Amarin management's failure to comment on such an important development as the rule 60 case...

1. Management feels that the rule 60 case is doomed to failure(even though we shareholders think it has a fighting chance for success)
2. When/if it fails, Management would be blamed for putting the case at a disadvantage by voicing their own negative opinion.
3. If they voice a negative opinion now and it turns out to be wrong, they might lose their jobs for being so dismissive of shareholders, despite a stunning success for Amarin.
4. When/if management is correct about the inevitable failure of the rule 60 case, they can put out a statement that the rule 60 effort was a lost cause from the start and they can encourage the shareholders/sheep to mind their own business and let management do its work without being pestered by the upstart, know nothing shareholders.

[P-File]

#4 is a Catch-22 for AMRN management. If they show support for rule 60
they have to admit their own negligence in not having caught the errors.
Then, if they ignore rule 60 they are blatantly demonstrating their lack
of fiduciary responsibility. I guess if their decision to ignore rule 60
sticks, it is probably a worse decision by JT and team. The phrase
"stupid is as stupid does" comes to mind. Sadly, seems we cannot expect
anything less from JT.

Couldbebetter, say it louder for the people in the back. Because most don't seem to understand.

When the r60 was filed, you began micromanaging Thero. You've gone over his head, around his back to do something you think he should've done.

Why would he support that?

You've burned the JT bridge. You may as well have him removed as CEO. Because you've made the decision that, "if you want something done right. you have to do it yourself."

I don't think most here understand the gravity of the r60 filing. Because say the case is accepted and Marjac wins. How could Thero keep his job as CEO? Would anyone trust his judgement moving forward?

[biofalcon]

perhaps management really does think it will win, but will not make any statement or action that would show they are involved with the action so that Judge Du cannot claim that they are the party behind the action and that they failed to address the issue at the proper time.