Anyone that constantly has to "wait" for funds to clear is no threat to real short players lol

I thought ELTP might get a bounce after closing the gap but behold, it closed down 3%

Thoughts?

Weird, I thought once ELTP closed the gap that the King said would never close, it would have a decent bounce back up

Too soon?

What about if its a trillion dollar drug?

GO ELTP

I sure hope youre right

hate to see ELTP fall any further. Maybe the .123 gap fill can support it some

I won $100 in the lottery last week.

Should I roll the whole thing into ELTP shares or dollar cost average?

Something needs to be done to stop ELTPs collapse into the 12s and going even lower

Has your $750 cleared yet so you can load the boat again this week?

Hope so!

GO ELTP!!

Dipped under 13 wow...

Great response

The last thing professionals want to see from a company are things like "If we only capture 5% of this market...blah blah blah"

Good morning James.

Curious why recent low volume equates to shareholders being happy with their ELTP positions

In a vacuum, low volume could suggest lack of sellers or lack of buyers.

Does your theory suggest shareholders were unhappy with their positions when ELTP fell from appx 21 cents to 13 on more active volume?

Does the 13 cent price coupled with low volume also suggest ELTP is now trading at fair value?

Has the CEO and CFO drained every last penny from this failed company?

How would anyone know, they dont file because that might chase off what stupid investors are left to buy this junk

Even at .0001, its over priced. Worth less than nothing

The CEO has been a great CEO for Mikah

Deserves substantial increase in salary for faking out Elite shareholders by filing Mikahs winding down and ceasing operations lol

If the CEO was an NFL player, hed be Barry Sanders

Focusing on negatives is whats usually all the otc companies offer in abundance.

But hows the track record look? Pretty darn good!!

How much up from all time lows and how much down from all time highs. Both are meaningless

I do believe shareholders have a reasonable shot to see the share price eventually rise much higher.

Theres a lot of "ifs", as with any companies. However, the aggregate of negatives over the years is concerning; the Sequest farce, the serious Mikah conflicts including interpositioning itself to off load product to Elite and failing to be transparent, the apparent failure for Mikah to cease operations, wind down and liquidate assets (in conflict with SEC filings) the hesitation to move off the otc, etc etc, pivoting off of live earnings calls, and so on

Pointing out these and other troubling events makes one a basher in the eyes of blindly loyal shareholders, huh?

Ive read about only one person claiming to invest its entire net worth, even going into debt to accumulate as many ELTP shares as possible. Now, that may be BS, nobody really knows. If true, it would demonstrate true conviction.

Yet, here we are with a stock that many confidently, assuredly insist is worth $2-3 today, available for only 14 cents...

So I can buy something thats worth $2, for only 14 cents?

How is this stock still trading at 14 cents and not wildly running up in price?

I mean, Elite has been around for over 10 years, not like nobody has ever heard about it

Why has ELTP retreated about 33% and stagnated in the 13-14 cent range ?

Odd for an alleged $2-3 stock to act this way.

Just bad luck?

Meaning theres no rush to buy shares now, one has almost 2 years to do so

Im told this stock is going to $2-3.

Why isnt there a feeding frenzy of buying going on

Dont you agree ELTP needed to close above .15 today?

Why is it failing to do so?

I think you know

Thoughts?

Not looking good for that .15 close.

Maybe there'll be a last second fftc push to get it there

I sure hope so

Sure hope ELTP can close over .15 today

Didnt Elite bury a previous CRL in a 10-Q or 10-K filing instead of an 8-k?

The CEO may feel a CRL is not a material event in certain circumstances, like a very small market drug etc

What about the first bankruptcy run ELTP made from phony Sequests 39 cents to 2 cents? lol

I recall your boasting about buying it all the way down froom the 30s as it was cratering because of the CEOs apple sauce fix hahahaha

Just saying it makes it so, right??

Wheres the evidence?

Yawn

Whats your explanation for the almost 40% drop in share price off what you characterize as the company's best quarter in history?

Please dont say the worn out, boring excuse of shorts or manipulation etc etc etc

This reminds me of the Sequest days when so many professed to loading the boat in the high 30s only to see it collapse into single digits. In retrospect, loading the boat was a very poor idea

Recently, ELTP was just a shade under .21, its currently around .13

Last time it was Sequest disaster

Is the mess with Mikah the catalyst or revenues not meeting the glowing expectations the CEO projected?

Thoughts?

Not to worry, wealthy billionaire shareholders here are waiting for money clear up (rofl) before they can buy any more shares

Instead of billionaires, maybe thousandaires? haha

Im confident ELTP will not break below .10 today

Whats the matter billionaire, dont have the cash available? lol

WTH does this mean?

I love watching ELTP struggling and fighting to cross .14

Its like watching the salmon swimming up stream into the waiting jaws of grizzles, maybe not

Depends on what news comes out after the close

I think he means he'd rather invest in something thats rising instead of holding ELTP shares that keep tumbling down with no catalyst on the horizon.

Perhaps we get some news today after the close on a Friday (sound familiar?) that might explain the action in ELTP

Yes, thats possible

but I read the same thing back in 2016, short memory?

Some posters have negative opinions about certain things Elite related. Nothing wrong with that.

On the other hand, those with positive opinions of Elite greatly outnumber the negatives. Is that also a concerted effort?

Besides, you know what you own, right?

So whats the problem??

Give it a rest

If anyone called out generex perfectly, it was me. Scam from the get go. I am a hero

Everyone agrees

Short interest has continued to increase since Nov 2023.

Whats going on here?

Will be interesting to see the next short interest report due very soon

Thoughts?

Dont you have the $$ now to buy? lol

Im sure the CEO regrets conducting suspicious business through Mikah and is sincerely sorry for creating the nefarious appearance of self dealing

In light of the above, I expect the CEO to both cease and wind down Mikah operations in the very near future to maintain what little integrity that remains

Is it possible word has leaked out about a CRL and the stock is reacting accordingly?