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BS. . .I just proved otherwise with actual facts supported with links as opposed to unsubstantiated opinions provided.
Has absolutely nothing to do with each Glenmark company being a separate entity
Glenmark India, US, Latin America operations all contribute to the financial results of Glenmark Pharmaceuticals Ltd. the parent company located in Mumbai, India.
Sorry but its without a doubt Glenmark USA is a completely different entity than Glenmark India
I don't believe this any more than when it was stated Glenmark USA was a separate entity from Glenmark India. This was proven to be pure BS. Nor did I believe the allegation Elite traded on the German Frankfurt exchange. Also proven to BS. There are many more examples that could be cited.
Just found another million shares available to short Elite. How'd I miss that
Cant wait for Monday
This might be a good job for those interns to look into. Say, did they uncover any more info on whether Glenmark India was related to Glenmark USA? LMAO
Has anyone confirmed the CEOs represented educational & work experience credentials?
BS alert. . .
Take a look at its agreement with Glenmark USA (not India, which is a totally separate entity). Upon a cursory scan there does not appear to be any performance schedule regarding sales minimums, time tables etc. Perhaps someone else can copy n paste what one of my interns missed..waiting...
Not true. . .completely false:
Glenmark USA is a completely separate corporate entity as the Glenmark from India. My interns figured out early on these are 2 distinctly different companies, different management, different financials, different sales capabilities
Now had Glenmark India inked a deal with Elite, it might be worth a closer look. But Glenmark USA is a whole other ball game
All I can say is. . .ludricrous nonsense
I have. . .the dates are fine
Nope all is good with the dates.
Nah. . .nothing wrong with the dates
Hm. . ."Breaking News" crapola as opposed to actual facts from a verifiable source. I'll take the latter. LMAO
Whicket. . .thank you for the excellent DD and it really blows this nonsensical, ludicrous statement out of the water:
BREAKING NEWS
Wait until you learn why Fatmi ran from Elite
Better do your DD, I did..as always
Here is what I don't BELIEVE:
Warned everyone about Elite trading in Frankfurt lol
Now they pay the price
Elite is a goner. Always obey a Super Genius
Its all over for Elite - been that way for well over a year to those that know what to look for
Elite has stated via PR's and audited 10K's which ANDA's have been submitted and approved by the FDA. The IQVIA (formerly QuintilesIMS Health Data)states the annual sales of branded/generic sales for each of Elite's ANDA's. This info easily accessible via their website. Anyway, bottom line. . .it's my money. . .my
investment. . .my choice as to which sources of DD I choose to help me decide whether to invest or not. Other prospective investors will have to make the same choices when conducting DD. If they don't like what they see then they don't have to invest. It's simple. . .really.
verify with ACTUAL data, not PR spin
Good morning NASDAQ. The audited 10K's also includes all of the information summarized in Meshcan's table. It would take some digging to verify all of the info listed there but you are correct. The table info is verifiable via the PR's, CC's and 10K's. Meshcan was kind enough to summarize all of this info onto one page.
N2K. . .I read that too and immediately wrote it off as the result of a lack of proper education.
In fact, Nasrat would not misuse the word "mount" when he meant to say amount...
Well, I have translated this and the conclusion is. . . pure BS.
nasrat said it probably would mount to nothing for elite
Thanks N2K. Yes there is a lot of nonsense being posted about Elite and too little time to correct it all.
The quote is spot on response to the nonsense about Elite...
Yes I know all about the FOS syndrome. . .like the time Elite traded on the Frankfurt Germany exchange. No proof was ever provided to back that up.
Yes it is BS because Nasrat never said this: "nasrat said it probably would mount to nothing for elite". Re-read what he actually stated. LMAO
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144316628
Nah, that is BS.
nasrat said it probably would mount to nothing for elite, so that is not correct.
What ludicrous nonsense. Would it not be better to be proactive in eliminating the source of addiction (non-ADT opiates) with the use of abuse deterrent formulations?
Better to treat the symptoms rather than the cause.
Well. . .if you were to listen to the CC audio and note Nasrat's tone, I would think the conclusion would be he was adding some levity to the question of whether the employees were happy. He goes on to say everybody is happy given the two recent FDA approvals.
lol They are happy because CFO said so. Awesome leadership.
Here is the full quote on the memo:
"Now we are getting low on questions. Now people are asking what are the moods of the employees. Are they happy with the recent events? And also -- feeling about FDA? Well the employees are happy because Carter issued them a memo asking them to be happy, definitely we are all happy with the most recent events getting two approvals in less than two months is always a very positive, especially after we went through last year with the challenges. I always feel positive about Elite regardless of the FDA so this doesn’t change much."
Nasdaq. . .like you, I can wait to see how this all plays out. I have all the time in the world. GLTU
Maybe an extra $100 million dollars or maybe not.
Got it. Thx
N2k. . . excellent response. Thanks for weighing in on this.
In other words. . .maybe it will, maybe it won't. A conservative response from Nasrat. How else could he respond? He's waiting for the results of the PD study like a lot of other people are. A far cry from the previously posted BS stating, "even nasrat says it won’t do much for elite".
“Whether Elite benefits or not”. Enough said.
BS alert
I call BS on that.
even nasrat says it won’t do much for elite
So opinions are made that "employees are dropping like flies" and "many employees are quitting" and no proof is provided back this up. Okay. . .I guess it's pure BS then.
Where is this coming from? Please tell us exactly how many employees have quit?
so many employees are quitting?
What a load of BS!!!
Thomas. . .that laughable allegation was made two years ago, last year and now this year. It's pure BS. Nothing to worry about. GLTU
Oh, what the hell. . .I have nothing to lose. I am going to tout myself as a self appointed pharma expert. LMAO
Well...as as I am concerned, nobody is a pharma expert on this thread.
Google, Yahoo, Bing, etc. are only search engines used to find pertinent information. I give no credence to unsubstantiated opinions.
Thanks, but I will go with what I consider to be a more reliable source.
Yes we all know the FDA is a sleek, fast moving entity when it comes to processing applications. LOL
Yes it may in some cases 2 months but could be and often is much faster
Nonsense. . .a pharma business can't just wake up one morning and decide to resume manufacturing of a discontinued product. There is due process required with the FDA before this can happen.
A bunch of manufacturers that are ready and able to quickly come back to the market
Yes, the R/S topic has been discussed several times during the CC's. These references to the split were in response to questions submitted prior to the events. Nasrat's response has been it was his preference to build the share price organically to qualify uplisting to NASDAQ but if necessary an R/S will be completed and only from a position of strength.
You do realize Nasrat has talked about a reverse split on multiple occasions. This is public information.