Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
How many years has Elite been undervalued ???????????????????
IB_🤴🏻
They can't ignore the falling share price, IF they are real investors and not paid performers to try and keep the heat off of the CEO ......
I would like OUR Board of Directors to inform us on the Adderall price that Sungen presented to Elite,
IB_🤴🏻
Ignored !!!!!!!!!!!!!!!!!!!!!
🤣🤣😂
IB_🤴🏻
Do you remember the sarcastic giggle when we were informed that Mikah is a private company ??????
Well, that's true, it is a private company BUT the CEO and Chairman of the Board at Elite Pharmaceuticals knows what Mikah paid and The Board of Directors also knows what the price was when it was offered to Elite !!!!!!! Why should that information be kept a secret from Elite's shareholders ???????? Who does the Chairman and the Board of Directors represent ?????????????
IB_🤴🏻
How much have you lost in this one Spider Man ?????????????????
LoL LoL,
IB_
Which stock will file Chapter 7 first, SYAXF or that loser SXOOF ???????????????????
LoL LoL,
IB_
It's a stock that we made a killing on selling short, just like we did with your favorite stock SXOOF !!!!!!!!!!!!!!!!!
LoL LoL,
IB_
I guess you were right, it went lower !!!!!!!!!!!!!!!!!!
Good call,
IB_
There was never any shareholder approval on anything except to increase the available share count !!!!!!!!!!!
We have investors here who know what is going on and they either ignore it or they will never admit it PUBLICLY because they think anything that isn't pumpity pump pump, will hurt the share price .... But if the CEO would be upfront about his private dealings and follow through with the Adderall exchange with Elite at the price Mikah paid and CLOSE Mikah ... It would help Elite and the share price !!!!!
EVERYONE knows this and some will admit "in private conversation" that they are not happy with the CEO's Mikah dealings, but they will not speak the truth here,
IB_🤴🏻
Well, Bye !!!!!!!!!
"This is why I stopped watching this board."
IB_🤴🏻
That is hypothetical and is NOT what is taking place in this case !!!!!!!!!!!!!!!!!!!
IB_🤴🏻
You said, "paid the costs to develop." and that was a LIE !!!!!!!!!!
Everyone here knows that your aganda is to defend anything and everything NasRat does and posting LIES is NOT beneath you .....................
There is no point in continuing a back and forth with someone who follows blindly and will use LIES to try and deceive others ..........
You have proven my point,
IB_🤴🏻
Of course it is !!!!!!!!!!!!!!!!!!
Allowing NasRat to have complete control of Elite has been a huge mistake ..............
No oversight has allowed him to let his greed & ego take over,
IB_🤴🏻
Huh?, you still haven't even made an argument Well they brought Adderall and paid the costs to develop. That is a lie, Adderall was already approved when Mikah obtained it !! We know that much. NO we don't because the statement is a LIE What exactly they have for employees, or do they have to contract out resources? YOU are the Mikah defender, YOU answer that question Or they pay Elite to develop and cover those costs like others have done as part of these type agreements? If Mikah had paid Elite to do Mikah's share it would be in the SEC filings, so that insinuation is also untrue !!!!!!!!!!!!
IB_🤴🏻
King, I know you will give a truthful, honest answer to this question:
How can Mikah contribute to what is in this paragraph of the SEC filings ??????? How/Who at Mikah will, "engage in the research, development, sales and licensing of generic pharmaceutical products." ??????? Who/How will Mikah, "collaborate to develop and commercialize generic products including formulation development, analytical method development, manufacturing, sales and marketing of generic products." ?????????
"" In June 2021, the Company entered into a development and license agreement with Mikah, pursuant to which Mikah will engage in the research, development, sales and licensing of generic pharmaceutical products. In addition, Mikah will collaborate to develop and commercialize generic products including formulation development, analytical method development, manufacturing, sales and marketing of generic products. Initially two generic products were identified for the parties to develop."
Hey Thanks A Lot King,
IB_🤴🏻
There you go with your diversion again because you CAN'T give an honest answer to the original question concerning this paragraph of the SEC filing:
"In June 2021, the Company entered into a development and license agreement with Mikah, pursuant to which Mikah will engage in the research, development, sales and licensing of generic pharmaceutical products. In addition, Mikah will collaborate to develop and commercialize generic products including formulation development, analytical method development, manufacturing, sales and marketing of generic products. Initially two generic products were identified for the parties to develop."
What will Mikah be doing to aid in this agreement? What does Mikah bring to the table? What will Mikah contribute to deserve anything from this arrangement?
You can reply with nonsense, but you can't give a truthful, intelligent answer,
IB_🤴🏻
I knew you could not answer the question intelligently, so you had to reply with your usual nonsense !!!!!!!!!!!!!!!!
There is no defense for Mikah being in business after what has been stated in the SEC filings ..............
There are investors that would have never invested in Elite at a higher share price had they not been told in the SEC filings that the CEO's private pharma company "Mikah" was winding down operations........... There is not a defense for this !!!!!!!!!!!!!!!!!!
You can try and distract from what is going on, but even the sheep see it, they are just afraid that voicing their displeasure will hurt the share price and drive it even lower,
IB_🤴🏻
I believe it is just NasRat, but we can't know for sure because he ties Mikah to OUR company and keeps Mikah's business a SECRET from us !!!!!!!!!!!!!!! He is a true class act .......................
IB_🤴🏻
Without getting into your usual discussion of nonsense, can you explain what Mikah will be doing to aid in this agreement? What does Mikah bring to the table? What will Mikah contribute to deserve anything from this arrangement?
" In June 2021, the Company entered into a development and license agreement with Mikah, pursuant to which Mikah will engage in the research, development, sales and licensing of generic pharmaceutical products. In addition, Mikah will collaborate to develop and commercialize generic products including formulation development, analytical method development, manufacturing, sales and marketing of generic products. Initially two generic products were identified for the parties to develop."
IB_🤴🏻
NasRat IS The Board !!!!!!!!!!!!!
The other 3 are tokens,
IB_🤴🏻
Without getting into a discussion of nonsense, can anyone explain what Mikah will be doing to aid in this agreement? What does Mikah bring to the table? What will Mikah contribute to deserve anything from this arrangement?
" In June 2021, the Company entered into a development and license agreement with Mikah, pursuant to which Mikah will engage in the research, development, sales and licensing of generic pharmaceutical products. In addition, Mikah will collaborate to develop and commercialize generic products including formulation development, analytical method development, manufacturing, sales and marketing of generic products. Initially two generic products were identified for the parties to develop."
IB_🤴🏻
Jimmy Joe .... the stock was suppressed at $0.03 for YEARS ...Nobody is trying to suppress it and nobody thinks they can drive it into bankruptcy, so shut that nonsense up !!!!!!!!!!!!!!!!!!!!!!!!!
I have been long the stock for 13 years,
IB_🤴🏻
I do not "bash" the stock !!!!!!!!!
Do you really believe I care what people here think ???????? Really .........
Who are you referring to: " Do you feel threatened by someone that has common sense? " ?????????
IB_🤴🏻
Nah, I was just going along with the stupid accusations of others who think ever shareholder here who doesn't kiss the CEO's a$$ is hired to bash and drive the share price down or short the stock ............. Kinda like you not knowing what the hell you were talking about with your accusations .... it goes both ways !!!!!!!!!!!!!
IB_🤴🏻
👍🏻,
IB_🤴🏻
So, you made a new ID over a month ago and now jumped in with your first post !!!!!!!!!!!!!!!
When were you hired to be a defender ????????????
Who actually hired you ???????????
Where are you from ???????????
Why does the person who hired you expect you to deflect the conversation away from unethical behavior ????????????
IB_🤴🏻
" Mikah's half of Adderall is not worth 300 million." ...I agree
I was only responding to this posters valuation ...... not my valuation !!!!!!!!!!!!!!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173926048
IB_🤴🏻
Actually, NasRat never disclosed the price they paid Sungen for half of Adderall .....
He claimed he used Mikah to buy it to benefit Elite, yet he is not straight forward enough to reveal the purchase price and arogently replied when the question was asked, "Mikah is a private company" with what I think was a giggle ??????
"I do not believe that price will ever be publicly disclosed." I agree 💯# ...yet he supposed to be OUR CEO and acting in OUR best interest ... Do you not agree that with him never selling it to Elite, it would have been better for a bigger Pharma company to have bought it, then they may have wanted to partner with Elite on Adderall as well as some other drugs that THEY brought to the table, plus there would be no conflict of interest without Mikah in the deal ??????????????
Did NasRat not say on a "CC" that a deal had been reached for Elite to buy it but at the time, didn't have the money ??? Then when Elite had a good amount of money, he doesn't want to discuss it anymore ???????
IB_
You go Boie !!!!!!!!!!!
IB_🤴🏻
So with it, Elite would likely trade at $0.462 now !?!?!?!?!?!?
"not enough to worry" ... That would be a few hundred thousand💲 for me not to mention the ethical implications of it,
IB_🤴🏻
We all can see what is going on here ...........
What do you see as the correct course of action to change things ?????????
Hey Thanks A Lot Doc,
IB_🤴🏻
If he would sell Mikah's half of the Adderall for the price HE paid for it and keep the profit he has been making over the years, I do not believe any shareholder would be upset ..... I wouldn't, would you ??????????????
" it won’t ever happen." I agree and I believe he will keep it because it is in his/Mikah's best interest NOT Elite's/our best interest !!!!!
IB_🤴🏻
Most if not all class action lawsuits are brought forth by funds that hold large positions ... Which of course, Elite has none !!!!!!
"In the meanwhile sales are growing at an impressive rate. New products are in development." .. This I agree with 💯# .. BUT we remain in the mid-teens and Elite's revenue and balance sheet could both be better,
IB_🤴🏻
Don't confuse the actions of putting Mikah's interest ahead of Elites !!!!!!!!!!!!!
IB_🤴🏻
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_🤴🏻
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_🤴🏻
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_🤴🏻
Well Day'Um !!!!!!!!!!!!!!!!!!!!!!!!
IB_🤴🏻