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Oh he'll dump em alright. Although an incompetent business man & leader, he has enough sense to jump this sinking POS.
I agree the management team sucks & are completely incompetent, but a R/S will really kill the company for good. All a R/S does is tells the world that your company is too useless to generate revenue.
I sure wish I'd been one of them that sold. Now we're just gonna bleed out.
Not worried about Li...The incompetence of Steip is the worry...if it can be screwed up, he'll do it.
Better revenues? What's that, $2K? $10K? This management team needs to go NOW! They are banking more individually than this entire company! That is the opposite of success.
Back to 0.05-0.08 by Friday...completely dead $ until 2017....and then we'll get more excuses from team incompetence.
We're red now...and completely blood red tomorrow. SSDD with current management
Well yea...what are they gonna present? How to fail? Maybe they should actually so other companies with a competent CEO can clear the easy hurdle this amateur missed.
Only in America can a management team drive a company into the ground while receiving these large salaries. Apple has abandoned them and I speculate that Li will as well. He probably hasn't paid the balance because he knows these people couldn't lead a dog on a leash.
And now NOBODY is going to help Elite financially because they see what it got Epic-absolutely nothing! Best hope now is some BP buys the company out for 0.25 per share. Elite tried to run with the big dogs but learned their products just cannot compete. They're just a generic drug company and on the OTC for good reason.
Trailer trash company with trailer trash results. Next
And another 4 years in penny land
They won't be raising any more money because their main revenue hopes were placed on SequestOx, which, well you know...FAILED
"Should be" means nothing at this point. The FDA has made their intentions clear whether we agree with it or not...we cannot beat them...they control everything. That's why this stock is getting hammered & will continue to be. Waiting for NH or Gene to fix is ridiculous...unfortunately they have no power against the corrupt US Govt. We all wanted this to succeed but it's time to face reality.
On a rapid fall to zero! Period!
Even longs are dumping this worthless company now. It's about time reality set in that SequestOx is history & they'll never be anything other than a generic drug company treading water with a used car salesman as their CEO.
Bottom is falling out of this one...single digits coming...and then who knows? You called it correctly John Langston, as usual.
And you'll be able to say something similar when they post the next date on whatever product they roll out.
Ikr? EPIC should've got that in writing that if you fail it all comes back. Bet they won't do that again!
You are exactly right...After CC this falls to single digits without a doubt! Lmao
Haha...good one...I love it!!!!!
Thanks for clearing that up for me.
But if you open it & sprinkle it on food, wouldn't those beads get crushed while chewing? That's the part I'm not understanding about all of this I guess.
Absolutely! How can it be "sprinkled" and not lose the Abuse Deterrent? I don't see it getting approved as IR....maybe I'm missing something.
Why beat a dead horse? ELI-200 is dead in the water for a minimum of 10 months. Let's move on to what else they have in their pipeline
All I'm hearing is the FDA says it's useless. More studies=years down the road
I didn't mean to suggest there would be a R/S, I simply was agreeing that a R/S wouldn't be good.
Have a feeling you are correct. R/S and this baby is done! I really hope it doesn't come to that.
Win some, lose some....ELTP has lost.
I agree...a R/S would send this stock into the sewer!
Unfortunately this news did NOTHING for us...Li better hit the ground running now or it'll sink again!
Wow!!! I was beginning to believe I was about the only fan of Ray! Can't say I've ever met anybody else that had even heard of him lol
I'm trying to have faith that this time it may be different. True, nobody knows the intent of Mr. Li at this time, but he has to have some impact on the company. Lord knows the current leadership hasnt. Here's to hope!!!!!!! Hope is about all I have left lol
I really like the company & their products, but I honestly believe they are toast. The management is 100% to blame, even though they'll be well compensated at our expense. Win some..lose some
That will take us down to 0.02 tomorrow. Just hope I can place a stop at 0.03. Will still be a 50% loss for me, which I know is nothing compared to some I've heard on here but it still hurts.
Great analogy & you are 100% correct!
My sincere apologies to all on this board...that was meant to be posted on another....I'm so sorry!
FYI...I refuse to pay for subscriptions to MB's...knowing this, maybe Couch can for once in his pathetic life be a man & answer me publicly instead of hiding behind his stage name...well, what say u loser?. ..u & the Rat consumate your marriage yet?..still claim to have 1/2 million shares that u didn't sell at 0.97?...what's up pumper...go ahead and copy/paste the same old tired info you've been doing 4 years...I'm waiting... C'mon kid..
As usual the pps reacts negatively towards the news of us having to feed another member of the BOD....too many chiefs, not enough Indians...
In all honesty, with good news like we had today combined with over 10 mil volume, and we finished down, I can't see how even an outstanding ER could move us up. Just seems like the MM's don't want us to make a profit. I sure as h... hope I'm wrong!