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studythosestocks

02/07/23 9:22 PM

#401698 RE: ramfan60 #401685

First of all. I apologize ahead of time MRM not putting this in a paragraph format but against the clock this evening and trying to get it off before I have to run.
Don't think I am Ram but maybe from yours and others viewpoint I am and I can respect your view. Sharing my opinions but i don't feel that I am purposely sharing misinformation. Look at the slide "Amarin behind launch of Vaskepa in Europe" They quote KM saying "In Europe, we are on-track to deliver on our commitment to obtain pricing and reimbursement approval in up to eight European markets and to launch in up to six European markets this year" This was from the Oct 27, 2022 conference call. Then Sarissa says that KM promises 6 launches, delivers 5 launches and loses Germany. What Amarin said was that they are "on track to deliver on (their) commitment to obtain........... and to launch in UP TO 6 European markets this year. They launched in 5 which is certainly UP TO 6 markets but this is not what Sarissa says, they said that KM promised 6 launches which is not what he said or even made a promise. At that point he said that they are on track on their commitment which the 6th got shot down with Spain's governance recommending to the MOH to not approve the list of drugs in December d/t budget concerns. The Spain negotiations are ongoing. This is an old legal trick often used to discredit what someone says and manipulate it into a different meaning to try and show someone lied. Also at the same CC KM mentioned that Germany was done. Yet, Sarissa makes it appear that Germany was the 6th lost. That wasn't the case. Germany was off the table with the loss of arbitration. It wasn't until Spain that the 6th was off the table. Sarissa knows this as well.
Look at slide "The China Vascepa approval hasn't occurred as promised now expected in 1Q23." In their statement they are correct in the statements from past CC/10K's and quotes but they leave out the quote from Amarin that the part that the reason was moved from end of 2022 to Q1 2023 is because of Covid and Chinese governments closed down for somewhere between 3-4 weeks. Once again, facts stated but leave out the statement showing the justification of why delayed since this would not benefit their campaign.

Look at slide "Amarin asks not to be held accountable for goals......." Once again Amarin delivered on 5 of 6 commitments which isn't too shaggy and yet they say that Amarin won't take responsibility for missing on one with their quote "up to 6" and use an anology of a person can speak up to 100 languages when they only know 2? If Amarin would have committed to 6 and got 1 then maybe the analogy fits but they are trying to say that Amarin is giving outrageous promises and not fulfilling on any of them. Once again, twisting the words and then trying to prove their point with an extreme analogy.
See slide "Amarin disingenously released record.............." Sarissa conveniently leaves out all the mistakes that they made on their initial letter and the multiple times AMRN reached out to them to resolve the issues with either no response or slow response on Sarissa's part to try and get the proxy so that it legally follows English law. We have until February 22nd to vote. Are you serious that those who truly want to vote won't have a chance? That is complete nonsense. Amarin lays out what really is happening behind the scenes which Sarissa does not address after laying out the folowing but come back to Amarin is purposely trying to sabotage the vote (when everyone still has over 2 weeks from today!).
The voting deadlines that Sarissa cites are nothing more than voting cutoffs set up by the banks and brokers through which most shareholders hold their shares. In fact, Amarin unsuccessfully tried to persuade the depositary bank, Citi, to extend the deadline.
Sarissa and its advisors are fully aware of these facts. If Sarissa cannot be trusted to provide you with the truth on simple proxy voting mechanics, you should question the validity of its other assertions.
Amarin's also has misinformation and bending the facts also but you asked where Sarissa had done this in theirs. There is much more than even these few examples. I unfortunately don't have the time to go back and forth on the different points and I wouldn't change anyone's mind anyway but I am trying to be transparent on how I am decifering the materials. These tricks are as old as time. Below is a great example where a man named Zeezrom who was a lawyer tried to trick the congregation into killing a prophet of God by manipulation and twisting his words. You may not be interested but below is a reference if you are interested in this form often still used every day in our court system as seen with Hikma/Dr. Reddy sharing half truths and removing data which goes against their theses.
https://www.churchofjesuschrist.org/study/scriptures/bofm/alma/11?lang=eng
I understand that there will probably be many unkind comments to discredit me and say I work for Amarin or that I am a fool to try and encourage me off the board since it would work against the majority of shareholders here. I agree that if Amarin wins the share price plummets again. I also agree that Amarin has used the same tactic in some of its presentation as well to support their side. No one's hands are completely clean IMO.