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And all the more cause for the poison pill and staggered board of directors, it's the strongest defense against a hostile takeover. If somebody wants our tech, gonna have to bring the bank $$$.
$ELTP
Can't wait till it gets to .12 so I can sell too.
Integrity. $1 million unsecured loan and takes salary in shares, find another ceo that does that.
Yes, Pfizer is the pig that will pave the way to us saving many millions of dollars on the path to Eli-201 approval. Thanks!
More bs. $2.4 million is worth a delay of a few days, great decision by a great ceo.
$2.4 million reasons why that's bs.
What percentage went towards warrants?.......right! lolzzzzzz
Cool. Rebuilt a house, got a car, did some traveling. Ready for another upgrade.
BuddyG (Dr.B_MT)
Dilution is the boogey mans buzz word. Many of us voted for the A/S increase years ago, because it was indeed what the company needed to meet obligations and provide funding for the huge milestone of their first NDA filing with the FDA. So far this year, a majority of common shares added to the outstanding are due to warrant holders exercising their option to buy more shares. THIS IS A GOOD SIGN and shows strength when insiders take this option, imo.
$ELTP
Honestly think it will depend on how quickly and deeply we penetrate the market with SequestOx. My outside hope is an organic rise in pps due to solid fundamentals and limited competition. A few mill a Q from Eli-200, plus the generics makes for a pretty healthy balance sheet. It may depend on how fast NH wants to run with the rest of the ADF's. Say we start to break 20mm in rev's, maybe he would take a mill for a buy back. It's not impossible, imo.
Right on Dr. Rolled a 401k and soaking till take-off. We've been here before and we know when the hammer is eased off, she flies.
Any exotic travels lately? Haven't kept up with the board for awhile.
Nibbling a little everyday, but that's where the steak is at.
This is a silly argument. Few shares have been issued year to date with 66.6% of those issued in relation to cash warrents. Once SequestOx is launched later this year, there won't be much need to issue shares for money raises, only to honor any warrants that may be cashed in. Scare tactics of A/S raises, reverse splits, etc. won't work here. Long and Strong $ELTP.
Over two thirds of common shares issued year to date have been, "persuant to the exercise of cash warrants." What does that mean?....Insiders buying all they can!
In other words, no anal leaking and people weren't throwing up on themselves/others.....too bad our competition can't say the same!
$ELTP
Tic-toc.....it's coming.
Bwaahaha...the "also ran strategy" that has the history making 505 (b) (2) NDA filing for Elites ADF, SequestOx on the desk of the FDA. Lolzzzzzzzzzzzzz
Isn't it great how Elite plans to ride the back of Pfizer to launch ELI-201? Like a baby monkey riding on a pig! Lolzzzz
Yep, the board that collectively holds near 250 million shares.
Poison pill plus a staggered board, one of the best defenses against a hostile takeover.
Don't take my word for it? Here's what Wikipedia says, "Particularly in combination with a poison pill, a staggered board that cannot be dismantled or evaded is one of the most potent takeover defenses available to U.S. companies."
https://en.m.wikipedia.org/wiki/Staggered_board_of_directors
Fully audited with a poison pill in place, plus a staggered board. Basically, hostile takeover proof. You want our triple patented tech.....bring the BANK! $$$$$$$$
$ELTP
Elite just reported $2.2 million in revenue! Back when the FDI pulled the rug out from us, we struggled to make that in a year.....
$2.2 Million....in only one Q.
I miss the lion ;)
Lolzzz, Nasrat in control, putting up a million of his own money to help the company through the tough times. What he states is golden, unforeseen occurrences may have slightly delayed time-lines, but the ship is on course.
In other news, I was in Dallas a few weeks ago, great city, so much better than that cesspool of Houston. Houston SUCKS!
Agreed, like a marathon runner, he knows when to kick it in and sprint passed the competition, but is smart enough to know when to slow down and not get too far ahead. Examples; waiting to produce SequestOx until we're certain there won't be any more information requested from the FDA, and waiting of Pfizers BID and using that as a comparable saving us tens of millions of dollars.
No doubt in my mind that Nasrat is one intelligent guy that will lead all Elite followers to the promised land. $$$$$$
$ELTP
I like how most if not all of the CapEx has been spent on facility upgrades for our first abuse deterrent opiod combination, SequestOx, and the rest of the 17 or so that NH has locked up in his dome, will be cheaper for us to get to market. Fantastic!
$ELTP
Wow, what a year for little old Elite!
Thanks! I signed up for the newsletter, didn't know they had one.
Where'd you find that? Don't see on buymedtainer.com link plz
Back in accumulation mode.....hi to all the longs!
A R/S is not a fear of mine. Have you read the filings? Do you know who owns a huge majority of those shares?
I do agree that the OTC volume is dead until the overall market, specifically oil, stabilizes.
No second thoughts here....tripling of sales, 400% increase in printing business. Just need a little spark and she'd go.
Ding ding ding! Loading before health care contracts are announced, imo.
15's up! ACOL
Looked like one guy that needed to sell 1m shares, he had them up at .0013 and dropped it on .0012 in the last seconds. Holiday bills or something of the sort, me thinks.
I just realized the news this morning is about the property they currently rent at 1620 Commerce St. Sales must be ramping up! Forecast for tripling of sales and 400% growth in printing business.....$ACOL
$ACOL EXPONENTIAL GROWTH!!!
SALES for $ACOL blowing up!
Compare:
Q2’14 to Q2’15 up 322% from $168,547 to $712,672!
Q3’14 to Q3’15 up 294% from $264,312 to $1,041,375!!!
In fact by Q2’15, ACOL has beaten FULL YEAR 2014 sales by 119%!
Q3’15 BEAT last years FULL YEAR SALES by a whopping 345%!!!
GROSS PROFIT EXPLODING!!!
Compare:
Q2’14 to Q2’15 up 328% from $112,088 to $480,058!
Q3’14 to Q3’15 up 280% from $178,734 to $679,214!!!
By the end of Q2’15, Gross Profit beat FULL YEAR 2014 G.P. by 116%!
By the end of Q3’15 ACOL BEAT FY’14 Gross Profit by 331%!!!
Business is booming, additional expansion plans released 1/11/16 state "We anticipate, based on current and projected demand for branded and labeled products that our printing business alone will increase 400% in 2016. We are also committed to adding several new products within the first quarter of this year."
On Dec 16th, Acology Inc. put out a shareholder newsletter stating;Acology confidently projects gross sales for calendar 2016 will exceed $3.75M, a 250% increase over calendar 2015. That the original 45 distribution points have erupted to over 950! An increase of 50 since Dec. 1! And facilities are DOUBLING in square footage! NEW PRODUCT introductions planned for 2016! Plus, they added 3 new distinguished professionals to their Advisory Board!
“Acology Inc. (OTC PINK: ACOL) announced today year-to-date unit sales for its signature product, the MedTainer™, have increased 270% from the same period last year. Unit sales are well over 300,000 for the first time in the company's history.” -12/16/15 Shareholder Letter
$ACOL
Tear down that wall! $ACOL