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lol Really? Those were not forward looking statements !!!! Get real
BTW, I think that if Elite bought Mikah’s half of Adderall there may be, depending on the price paid, a good case against Nasrat. That is why I think it won’t ever happen.
If you believe you have a case then go for it. IMHO, if there really was a legitimate claim of wrongdoing the class action lawyers would have been all over it years ago. In the meanwhile sales are growing at an impressive rate. New products are in development.
Don't confuse the actions of putting Mikah's interest ahead of Elites !!!!!!!!!!!!!
IB_🤴🏻
Pharma will reply to you - but my answer is: Have you ever heard of teh concept of Investors who are in for a profit? lol lol lol
We worry when they’re not here meaning there’s no interest in the stock to try to bring it down. Trust me on this as long as they hear that means we got green pastures for the future.
Sloth is here to distract investors, so they will hopefully not see what is happening right in front of us in the filings !!!!!!!!!
Unethical, Self-Serving Behavior,
IB_🤴🏻
Don’t confuse forward looking statements with lies.
HammerTime !!!!!!!!!!!!!!!!!
The Unicorn of The OTC:
ELTP
X 1. Cash Flow Positive Status - 4 + years
X 2. Purchase building which houses their cGMP registered facility for research, development, manufacturing and packaging of pharmaceutical products.
X 3. Adderall IR $335 Million Approved and Launched
X 4. Adderall XR $1.56 Billion Approved and Launched
X 5. Double digit quarterly revenues in millions
X 6. In house marketing and distribution: Kirkov
X 7. Prasco/Burel Adderall agreement starting January 1st 2024
X 8. First shipment Adderall XR to PRASCO Dec 2023
X 9. DEA increases manufacturing quotas for Adderall & Vyvance
X 10. Generic Vyvanse - $5.1 BILLION - FDA submission Dec 2023
X 11. FDA Acceptance of Generic OxyContin Sept 2023
__12. Generate revenues over $20 million/quarter
__13. Generic OxyContin Approval -;FIRST TO FILE Aug 17, 2023 $720 Million
__14. Prevail over Purdue in Generic OxyContin infringement suit - 6 month stay
X 15. Lease additional manufacturing and storage space for new ANDAs Jan 2024 - 34,000 square foot 18+ ft ceilings
__16. European distribution Dexcel partnership approval by Israeli Health
__17. Full ownership of Adderall IR $ 335 Million
__18. Full ownership of Adderall XR $ 1.56 Billion
__19. Generic Concerta- $1.2 BILLION FDA submission
__20. Vigabatrin - VigPoder approved Pyros $233 Million trade mark challenge
__21. $100 million in yearly revenues
__22. Dopamine Agonist (probably Requip XL or Mirapex ER). $12 Million
__23. Patented Unique ADF (w/o naltrexone)-- NDA
__24. Mikah ANDA (s)
__25. Undisclosed ANDAs/NDAs
__26. Antimetabolite ANDA- Methotrexate -$600 Million
__27. Undisclosed Antimetabolite ANDA- $42 Million
__28. Generic Vyvanse Approval
__29. DollarLand PPS
__30. Uplist to the NASDAQ Exchange
__31. THE Buy Out ! 2.0-2.5 yrs from Feb 2024
__32. Vegas Baby !!!!!!! 2.5 yrs
Glad you finally took on a few a while back
Congrats
Im glad youre making lots of $$
I have a question for you You have surfaced a short time ago with your BS statements Such as who pays You Why are you here and your stupid Gotland I as you who pays you pump this up Who pays you? Where are you from ? And please stop using parabolic in every message Did your ESL teacher tell you to use it in a sentence
lol patience for a couple days? How bout we have been waiting for 10 years That’s patience
Hopefully get back in the .20s and get some of the idiots off of here.
Yes!!!!!!!
Patience is paying off.
Take it easy. Dont blame DSherman for being a dummy and getting confused.
You're speaking out both sides of your mouth.
What an embarrassment
Talk a lot of s*** with nothing to back it up like a typical wimp
So, nothing but acting like a goof ball to back up the following? l
So, before I defend myself, explain the federal and state laws you claim I accused the CEO of violating
Ill be waiting, dummy
Do we see .20 by the end of Wednesday?
In other words, AMA you are a zoo: 🐵🐀🐐
"Sarcasm is the lowest form of wit but the highest form of intelligence,”
...sadly the unintelligent just can't understand sarcastic posts. But that does add to the entertainment of watching the dunce caps form over the heads of the people that just don't get it.
Seriously, what is your best guess as to why you were assigned to this board. Your job here has always been to create some sort of anxiety, to gain people's trust with known undeniable information so you could gain their confidence.
I actually have a lot of questions about this
But it's obvious what you are are
So what's your best guess?
Really only two reasons
There is a large short position to cover.
There is a need to keep the price down so the stock can be accumulated before running it up.
It’s like saying The border is secure lol
Blastoff here we go, boys and girls bye-bye goat people
Even DSherman now admits Nasrat is corrupt and is lying to us.
He also just INADVERTENTLY admitted that WeeZuhl is right!
You're speaking out both sides of your mouth.
1. Recently you stated Nasrat did everything within the law and SEC rules and that he's completely honest.
2. Now you JUST admitted Nasrat is QUOTE "flat out lying to shareholders" by stating "welcome to pennyland".
WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!?????????????????????????
Lolololol, welcome to pennyland!!!!
I see you’re learning.
Eltp
Feeling good. Feeling really good. ELTP was a good buy for me today.
Weak lil girl, very weak and sad!!
Eltp
Thx weasul, I realized you needed the help!!
Eltp
Was all that BS about Mikah ceasing operations really necessary to include in SEC filings?
I thought the CEO once stated Mikah is a private company implying their business is none of your business
If so, what was he really up to
NasRat could claim that Elite would be buying Pfizer in 2 years and the worshipers would "claim" they believe him, without buying a single share !!!!!!!!!!!!!!!!!!!!!!!!!!!!
"2017 - Nasrat: "We WILL being going to Nasdaq in a couple of years and we WILL be going to Dollar Land around that time within a couple of years.""
Hey Thanks A Lot King of the "DD",
IB_🤴🏻
JL renewed subscription till BuyOut
2011 is a long time to sit pretty. LOL
Ive been sitting pretty since the HammerBottom
I think he has made it abundantly clear that he will keep his buy price a secret !!!!!!!!!!!!!!!!!!!!!!!
Hey Thanks A Lot King,
IB_🤴🏻
Well I Day'Um sure hope not ......... A meteor will probably fall on the entire business if that's the case !!!!!!!!!!!!!!!!!!
"JLs even joined us this time",
IB_🤴🏻
You should have warned me. I would have waited. I still think you will get it in the 14s. Rooting for you.
Haha haha ha hah hah
Look what the 🐀👑 posted: The Press release he promised was postponed due to the rain... - We are NOT using Tam Tams to communicate in New Jersey lol...
----------------------
I see that it's raining in Northvale.
Press release WILL be issued sometime between tomorrow and February 26.
--------------------------
Well Day'Um !!!!!!!!!!!!!!!!!!!!!!!!
IB_🤴🏻
I never have to worry for funds to clear, Im liquid and sitting pretty
I am still waiting for funds to clear.
Thank you for delaying the release until I got my shares in.
Hey shorts, can you dirtbags please keep the price down? I am still waiting for funds to clear. Thank you.
Press release postponed.
I see that it's raining in Northvale with a small chance of flurries as well.
Need the weather to clear up.
Press release WILL be issued sometime between tomorrow and February 26.
Hey self appointed King: I am reposting this one so everyone is clear about it - The self crowned King is a 🐀
The way I see it is that Mikah saved us once for buying the adderall from Sungen and having a profit split with Elite
And Mikah saved us another time by not taking the profit split in their Bank account immediately upon receipt of the money from lannett and allowing Elite to use MIKA's money to fund Elite operation - and just write it in the books.
--------------------------------------------
Awfully quiet after this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173917015
Lol.
------------------------
The link he posted:
Lol.
Nasrat LITERALLY has not received the Adderall profit splits yet.
THEREFORE, he never lent the profit splits to Elite.
READ the 10-Q.
Nasrat is expected to be paid the profit splits by March 31 according to Carter Ward.
Good grief...
Then he takes that profit split and loans the money to Elite so they can have cash flow
Awesome. These 1/2 Pennies won’t make a difference at buyout.
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Moderators jimr1717 mrwrn2010 NASDAQ2020 IB_ namtae Dr JoeBarducci |
Senior Moderator: IB_
Posted: 7/02/2024
________________________________________________________________________________________________________________
Elite Pharmaceuticals, Inc. |
Website | Location | Employees | Facility | CEO |
www.elitepharma.com | Northvale, New Jersey | 64 | 85,000 sq ft | Nasrat Hakim |
Products & Pipeline | ||||
Drug | Market Size | Status | Competitors | Marketed By |
Adderall IR | 389.8 M | On Market | 15 | Elite |
Adderall XR | 1.56 B | On Market | 10 | Elite & Prasco |
Dantrolene | 6.3 M | On Market | 2 | Elite |
Isradipine | 5.5 M | On Market | 1 | Elite |
Loxapine | 5 M | On Market | 2 | Elite |
Phendimetrazine | 4.5 M | On Market | 4 | Elite |
Trimipramine | 2 M | On Market | 1 | Elite |
Naltrexone | 16 M | On Market | 5 | Precision Dose |
Phentermine Capsules | 7.5 M | On Market | 6 | Precision Dose |
Phentermine Tablets | 40 M | On Market | 8 | Precision Dose |
Vigabatrin | 233.7 M | On Market | 13 | Pyros |
Doxycycline | 85 M | Approved (Discontinued) | 9 | ---------- |
Tylenol with Codeine | 45 M | Approved | 5 | ---------- |
Dopamine Agonist | 12 M | Filed with FDA - 22 Dec 2022 | ---------- | ---------- |
Methotrexate | 64.3M | Approved - 16 May 2024 | 8 | Elite |
Percocet | 500 M | Approved | --------- | ---------- |
Norco | 477 M | Approved | --------- | ---------- |
Methadone | 30 M | Approved | --------- | ---------- |
OxyContin | 720 M | Filed with FDA - 17 Aug 2023 | ---------- | ---------- |
Vyvanse | 5.1 B | Filed with FDA - 21 Dec 2023 | 14 | ---------- |
Concerta | 1.16 B | In Development (Final Stages) | 9 | ---------- |
Financials | ||||
Fiscal Year | Revenue | Change | Net Income | Change |
2019 | 7,568,508 | ---------- | (9,279,321) | ---------- |
2020 | 17,994,639 | +137.76% | (2,240,351) | +75.86% |
2021 | 25,380,749 | +41.05% | 5,088,421 | +327.13% |
2022 | 32,262,117 | +27.11% | 8,898,245 | +74.87% |
2023 | 34,155,114 | +5.87% | 3,561,846 | -59.97% |
2024 | 56,625,128 | +65.79% | 20,108,631 | +464.56% |
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