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Invest83838

01/30/23 8:58 AM

#400122 RE: The Canes #400120

JT was really just an accountant

who knew how to make money for himself and other Amarin Management and screw shareholders

But did not know how to boost the Amarin name, nor how to maximize sales of Vascepa

Jasbg

01/30/23 10:35 AM

#400139 RE: The Canes #400120

Canes, I wasn't in any way trying to glorify JT - as I said the 400 mill were meant to be used exactly as you say.
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My point were - as things have turned out (all the misery after DUsaster) - the fact that company (after JT raised the money AT SP $18 - have been in a much better state 'cash-wise' - than being forced to 'Later' raise money at - todays SP of AMRN.

So without knowing it - JT's raise of money back then (at a share price - many would kill for today) - has contributed to Company even being alive today.
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More have suggested - that Amarin after that' have been on a blacklist at GS HQ - as they are not in the habit of loosing money.

concapk

01/30/23 11:06 AM

#400143 RE: The Canes #400120

Canes,

Some posters just can't seem to back their posts with facts........JZ did not have the funds for the REDUCE-IT study in Amarins corporate account... In fact in 2013 Amarin was almost broke. JZ worked with the belief that the FDA would honor their SPA and ANCHOR approval which would fund Reduce-it. FDA's reneging caused Amarin to use is patents as security for loans and sales to forge ahead.....

Again, can all posters forget trashing Amarins management ...... come up with valid solutions going forward..... put postings on this board supported by facts and research....