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So I take it the tranche of shares for sale at $3 is no longer in play now?
Nice push higher today!
I tend to agree; cash out Mikah and Elite shares at once.
Yeah, Nasrat already said Q1 only includes very minimal profit splits from Adderall so there won't be a massive quarter. Need to wait for the profit splits for ER.
Yeah and there was no "volume or interest" the entirety of 2013 as well...and we know what occurred shortly after.
If you only focus on what has "interest", you're already too late. Get in before the run occurs, not during.
Making higher lows, good sign. A run to .10 should be in order sometime before end of year.
The way the world is looking these days, that must be a massive market.
Pre-arranged trade
This is the agreement that was announced last week. This is just a filing.
It's out there. It has circulated around with shareholders for a week now. ;) All available for the public to view, you just have to look for it.
I suggest some more research then. Know what you own. :)
Generic Concerta is already 100% Elite's.
As it would require a bio equivalency trial before submitting and we were led to believe this effort was on the front burner. Why the delay? Well, the delay is because SunGen is not putting in any money. So I reached an agreement with SunGen that we will take over this product. We have no further obligation to them. We are going to develop it to a point where we can run a clinical trial. And it will be 100% Elite's product. We are separating ourselves from SunGen. This product will be going forward all they know how will be ours. We are exploring its viability right now and once we get to a point where there is a milestone will notify you of that.
Perhaps you should be aware that the trading range for the past 3 years is low 06's to 09's. Proceed accordingly until the range breaks out.
No one, I repeat, NO SHAREHOLDERS are calling for the CEO's resignation.
Really? Name these dozen people.
Really the only major downfall was Sequestox. That set us back years, can't deny that.
The share price has been flat for 3 years. So, not really. More like nothing has actually taken place.
Wait...
aELmTPa Friday, 07/10/20 03:39:09 PM
Re: YJ4LIFE post# 338068 0
Post #
338098
of 338119
They don't believe.
PPS is tanking.
Quote:
Wonder how soon the BE trial for our now 100% Elite owned generic Concerta will start.
Or the fact that he owns ~250 million shares of common stock should show that.
IMO he set it that way as a worse case scenario situation, which I think is accurate. Highly unlikely, but what if the FDA pulled all Adderall from the shelves? (Just giving an example) We would need that funding. Nasrat is covering all angles.
Also, keep in mind the PPS hit the low .03's late last Summer during the going concern debacle.
Nah, skip this guy and contact Lannett.com for all of your Adderall needs.
Ouch, I wonder what happens to his 275 million shares he owns.
What happens to my student loan money then?
No real investors are actually calling for this.
Basically this. The shareprice can be manipulated (both up and down, yes) with less than 500k shares, which equates to around $40,000 at the moment.
There are numerous people that could do this easily, myself included. Hell, there's only been a whopping 4 trading days this year where the total daily volume is more than what I own. This is why getting caught up in weekly price swings is pointless at this time.
"WOOOWWW the share price went from .09 to .07 omggg the sky is falling" "WOWWW the price went from .07 to .09 buybuybuy"
See how stupid that is?
I have my tickets for the next one, I hear Nasrat has his too.
Oust the CEO with 200 million common shares. Nice plan.
My thoughts exactly.
Can we buy some API with that?
Watch for press release and/or 8K for 5 million loan.
Look deeper, you'll find the answer. It's there.
Explanation of Responses:
(1) Represents 2018 and 2019 salary shares
And let's get the generic Concerta trials rolling too.
How is the current situation unfair? The ownership percentage Elite has didn't change...it's still 50/50.
I think it's safe to say Elite didn't have the cash to buy Adderall ER/IR. Let's be real here. Nasrat did the best thing for all parties.
No clue; but higher than the current price. I'm looking further down the road though, think ~2 years.
Elite did not have the cash; Sungen wanted cash only. End of story.
"Simple" isn't simple to comprehend in OTC land. I've learned that over the years.
Nasrat might take Elite private with Mikah