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Look through the post. He screen shoted the e-mail from IR.
What bad arguments. Past price history is irrelevant to future gains. Its not the same company. New leadership, new drugs, promising future.
Hope people get in before the releases. Big things brewing. $$$$$
http://m.walgreens.com/mt/www.walgreens.com/store/c/productlist/lipi-gesic-m-migraine-pain-relief/N=361465-365001
5 star reviews. Can be bought online or over the counter. Walgreens and CVS. The largest drug retailers in the nation.
Big things coming for this little company. News any day. Already selling all natural migraine medicine in CVS. If we get it in Walmart and Kroger as expected we should see a nickel in no time. Check Amazon 4.4 out of 5 stars. This product works great and the CEO is a salesman. You know he is pushing this to big retail.
Can't wait to see this fly. I'm glad I already got my sub penny shares while I can.
I could see .015 no problem this month. There are big plans in the works and sales already rolling in.
Awesome close. Ready to move up tomorrow!!!! Charts look great and getting some volume.
That really made me laugh. Thanks.
Thanks for sharing. Love the candidness about a release.
You got a time frame?
This week?
Month?
Year?
As much as I dont like it Dr. Low is right. EPS is net earnings. You have it as Revs.
Thanks that gives me a good starting point. Any expectation on time frame on news?
Any examples of what your looking for. Im new here.
Zoriden and TJ, I follow you on ONCS and found my way over here and saw you both. Curious what kind of news you all are expecting and what time frame you are looking at?
I agree with you that increasing the A/S is going to be used for leverage in negations for a partnership or as a plan b if no deal can be reached.
Nasrat Hakim, President Chief Executive Officer and Director 22%
Jerry Treppel, Chairman of the Board 1 %
Ashok G. Nigalaye, Chief Scientific Officer and Director 12 %
Jeenarine Narine, Director 10 %
Epic Investments LLC 10 %
All Directors and Officers as a group 194,331,435 (9) 104.242 37 %
With insiders holding the majority of the O/S and having a shareholder vote to increase the A/S it could not be done unless it was in the best interest of the company and its shareholders.
If eltp is planning on going at this alone, do you think they will sell their stake in novell labs to raise capital? Any idea on the vaule of that? I remember seeing something on it awhile back, but havent heard much in a long time. Seems like that would be an easy way to raise some money for the short term.
Lets be real about this. If this was a dilutitive measure our share price would be down double digits right now. The fact that it is up today is a sign that these new A/S shares have been created so ELTP can be in compliance if the I shares get exercised. It is the same question today that it was when they created the Preferred I shares. WHO IS GOING TO GET THEM? Partner or Financing?
If I read the shareholder meeting PR correctly, it will have to voted on before the A/S can be officially increased. I wouldn't expect to see any kind of partnership PR until after that.
Great post. Increase the A/S for partnership reasons. If the preferred shares are not exercised than no dilution. If there is no partner (plan b) than exercise the shares, keep all profits, and hold a higher EPS in the long run. This news doesn't change a thing.
Could those shares be sold to a partner? Or would they be used to raise capital for further testing?
NH has said several times that it would be from a position of strength. If they did forward split it would most likely be to up list to the NASDAQ once they had revenue from an art product.
Those shares are already in the O/S. Its common stock.
Anyone else remember when ELTP stock price moved rationally? Doesn't matter long term, but its like a weekly rollercoaster.
I know it makes no difference, but is anyone else surprised to see us down today. The 10Q looked great.
We know that things go on behind closed doors of OTC stocks. The risk is what offers such high upside. Its part of the game and not for the faint. I believe the management has good intentions for shareholders, but that does not mean we need to act on blind faith.
It is worrisome, but does epic not have substantial voting power and common shares? They would not act unless it was in there best interest, and that should align with ours.
Keep posting. I personally like getting multiple sides of a story. Helps me make more informed accurate decisions, and look down different paths.
The company is still worth over $2 a share. I wish I had some more money.
I almost did too. I grabed it at .775 on that last drop down.
Hope not, but I'm not to worried. It will be at $1 before too long. Fundamentals are still the same.
Got some .775. Close enough. Good call earlier.
I'm worried we run to the low .80s in no time. Can't figure my limit out.
not as much money but i have the same in.
can anyone see where this will bottom out?
Did NH just become a billionaire in less than a year with 23% of the company?
A partnership is SO close. The few shares I like to play with are parked right here. I don't want to miss a thing.
You imply insider trading. How can unreleased news be factored in to the price?
It seems like the .5s, .6s, and .7s went by in the blink of an eye.
Never been happier. You and couch have helped me make a lot of green. Owe you a drink some time.
I only watch two message boards, and they seem to have overlaped now. Seems to be a great sign!