Waiting for the next wave...
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Hi Kayak,
Please explain - we have not seen any revenue from it...
Where does all the cash reported come from?
Hi Jour,
The pros and cons of having Mikah as partner versus any other company that has no affiliation with Elite were discussed in length in the past. I am surprised you are not aware of them.
I am happy with the current setup - waiting for buyout...
April's fool !!!
--------------
Holy sh*t!!!!! - Nasrat is going to JAIL!!!!! - Or a least a HUGE fine!!!!! (Class Action Lawsuit)
I didn't realize this was RIGHT in the middle of Mikah having "ceased operating" and also "winding down and LIQUIDATING its assets".
LOOK AT THIS TIMELINE:
2015 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 - While Hakim was CEO of Elite in 2016, Mikah purchased trimipramine ANDA from TEVA divestiture.
2017 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2017 - Mikah made supply & distribution agreements with Epic & Dr. Reddy - all of it while telling Elite shareholders that Mikah was dead. Two weeks after signing the distribution agreement with Dr. Reddy, Mikah sold it to Elite for $1.2M plus interest.
2018 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
For what...?
Wow - What a short sighted viewpoint...
From the Q4 2022 results Teleconference..
Why did SunGen sell its 50% interest of Adderall or why didn’t Praxgen want to keep it? Again, it’s the same company. They sold it because they really did not have the money. They would have loved to have kept it. On a side note, this is from the Co-CEO, the best and most successful relationship they had was with us that’s produced Amphetamine IR and ER.
And they would have loved to have kept that and made money, except they lost their Chinese financer. And when they had no more money and a ton of things that they are working on and employees, they needed a cash infusion and that’s why they came to us. Elite did have the money and then end up selling it to Mikah. They were desperate for money and they wish even until today, they had the money to keep it, okay.
Research and development, product pipeline. We were co-developing a fairly big CNS drug with SunGen, and then it got put on hold. Is it back on again with SunGen or Praxgen? We acquired the right to proceed with the -- that product, the SunGen levered system product. So we will be proceeding with it ourselves. Actually, we are working on it.
So you are not aware of Mikah purchasing 50% of the Adderal ANDA's that resulted in the millions of revenue we have today?
hmmmmm...
This is too much...
Eatman is asking Nasdaq2020 when she will add more shares lol...
He wants to sell some - so he is waiting for a big bump or he wants to short some...
It reminds me a long time ago one of my neighbors asked if I could lend him a chisel - which I did - the next day my front door had been busted.
The same evening my neighbor returned the chisel back lol
https://www.forbes.com/health/mind/adhd-statistics/
Just wanted to make sure that people know ADHD is here to stay and grow
ooops - sorry it was befor my coffee
The Mikah partnership was and is still a lifesaver - all aspects of it allowed Elite to execute the biggest come back
And Prasco !!!
I think you forgot the most fruitful relationships of all: MIKAH !!!
They saved our ask !!!
Congrats man. She is a beauty.
You made my day ARbigguy1
As a CEO - if a shareholder was publishing a post saying "Holy sh*t!!!!! - Nasrat is going to JAIL!!!!!!" I would add this type of protection in my SEC filing. Even a frivolous lawsuit costs money to defend!!!
He needs 1 share to sue (affordable in rupees)
Who reads that clown's posts lol?
Hi NASDAQ2020 can you please add a line for clearing up house to be ready for NASDAQ/Buyout/New Calendar ?
Thanks
This is the MVP of ihub !!!
This is why we will be rich !!!
Thank you NASDAQ2020 for compiling this list of catalysts !!!
Ok let's not confuse buyout and butOut
my previous response was for buyOut NOT ButOut
Speller should have caught that - two T's for ButtOut
If you ask eatman, he would replace the $ sign with cents sign - if you ask me, I would add a zero on the right of each digit...
buying more whenever I can
I know I will be rich!!!
Agree - the ESPP plan is working - they will be rewarded like we have and will even more in the future. !!!
In our case, we need the cash for our operations.
The share price is not right - we have proven that in the past.
The share price that will count is the one for the buyout !
As I wrote yesterday, there are many possibilities on the table - from Calendar to moving to Nasdaq, to buy-out. The books have to be up to date.
Knowing what we know about the company (See NASDAQ2020's list of catalysts) this can be only for upside...
Have a wonderful weekend my long friends I can't stop singing the Elite Wanka song... lol
I still do not understand why you are listening to eatman.
I put him on ignore a long time ago and life is beautiful
Oh great. So he does listen to us.
1. Nasdaq ?
2. Changing reporting calendar ?
3. Buyout?
4. Buy back adderal
5 Employee purchase plan
6 reverse split?
I have him on ignore. He is the worse.
Something is cooking.
The nasrat shares registration must be for a good reason
1. Nasdaq ?
2. Changing reporting calendar ?
3. Buyout?
4. Ideas?
Elite's name is not mentioned - but Prasco is buying from Elite to sell the Authorized generic
(Violet's response to the previous one I posted)
Oompa Loompa, do-ba-dee-doo,
I've got another puzzle for you.
Oompa Loompa, do-ba-da-dee,
If you are wise you'll listen to me.
Shorting's fine when it's once in a while.
It stops you from thinking and may make you smile.
But it's repulsive revolting and wrong.
Shorting and shorting all day long.
The way that a goat does
Oompa Loompa do-ba-dee-da,
Given good manners you will go far.
You will live in happiness too,
Like the oompa loompa do-ba-dee-doo.
I know I am going to be rich
source: https://www.lyricsondemand.com/w/willywonkalyrics/oompaloompasongslyrics.html
PRASCO !!!
That is my response...
Anyone who has more than 1 million shares can say that.
For me it is really going to allow me to travel the world
I am not sure I would have bought shares of Elite if Mikah was not behind it with its DEEEEEEP pockets !!!
Mikah is our safety net
GLTGL
expect turbulence on our flight to millionaire club after April 10th 2024
Around June 15th 2024
Ignored again.,...
Moving to Florida.
Should be saving 500k +++
1.5 Million shares - big dump
I recall that !!!
ELTP went to 2 cents after stopping SequestOX - Adderall made them money again...
There is a huge hype around Branded drugs..