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.
Been pretty busy and also pretty sick.
Just took the time to check out the new web sight, nor my area of expertise, but what an improvement.
GLTA Longs
The future looks more sure, and brighter than ever for longs. imo
IMO we will have several (2-3) very nice pr's in the next 3 months.
Dianne told me that once we have a clear path for Eli 200, she thought the company would tell the story. We shall see.
GLTA Longs
Pretty frustrating to see the volume dry up so quick, I guess folks have moved on to the next potential 10x. Me, I will buy a few more and will not be swayed by untruths. I strongly believe we have the right team, best in class tech and ample funds.
GLTA
"In a mere 10 to 12 months $ELTP is expecting to be manufacturing ELI200 for Commercial sale."
And that is what I am here for. I think we just had the worst case scenario ( guess they could have required full blown phase3) and we are held up 3 months, maybe 4.
GLTA Longs
You know I did not think they would as both drugs are effective.
But you have to jump through the hoops the FDA puts in front of you.I know with the huge position you have below a dime, you will retire soon enough.
Me. I think many more eyes balls will be on Elite as clear path to launch has been established.
Little ole Elite is bringing her to market.
Trials Sets Elite back about 12 weeks, I think most can wait 12 more weeks to retire.
Clear path now, as the weeks progress many more eyes will look at Elite.
Future is bright, but Wed and the CC, who knows???
I know it will be rock solid, but the folks demanding pie charts on CC represent a lot of traders, who know very little about Elite. What do they do?
I will say the run up has been very small on minimal vol,so the pie chart traders may come in with a lower expectation.
Does not matter to me,I believe we will launch ADT later this year
Been doing some DD and it looks like STWS has some good things going on. Their revenue is exploding since mid year last year.
And I found this article from mid-year. This technology is probably why their revenue went up over 700% over 2013 revenue (and that is just in the first 9 months of 2014).
It will be interesting to see what they did in the Fourth Quarter in terms of revenue. They could end up with growth of over 800% year over year. That should get some attention.
I would like to see more trading volume, but that can come after more news with $$$$ .
JMO
Midland firm brings next-generation desalination to Permian Basin
By Mella McEwen | mmcewen@mrt.com Midland Reporter-Telegram
New, green water processing technology is arriving in West Texas.
STW Resources has reached an exclusive licensing agreement with Saltech to offer the Netherlands-based company’s desalination processing technology throughout the United States.
The process, said Stanley Weiner, STW’s chief executive officer, uses no chemicals and requires very little power. “At the end of the process you have clear, fresh water.”
The system, he said, can process brackish water, sea water, flowback or produced water containing up to 300,000 total dissolved solids and provide fresh water, 10# brine for use in drilling operations instead of mud for drilling or fracturing operations, or crystalized salt and minerals.
Weiner noted that reverse osmosis often results in leftover salt that, on the Gulf Coast is put back in the ocean. “This is zero discharge,” he said.
It is technology he has been looking for for years, he said.
“This is what I’ve wanted to do to begin with and now I’ve finally found the technology,” he said.
He plans to offer it to his existing client base of producers and service companies. He has already met with a large Midland-based producer who wants to see a demonstration and Pioneer Natural Resources is using the system to provide water at its complex of facilities on East Highway 80. Legacy Reserves, he said, has two units. The partnership is also providing drinking water for area mancamps and is talking with several municipalities to provide fresh water through the desalination process.
Saltech’s unit at Mentone brought the company to Weiner’s attention and he made a deal with the company. Not only does he have exclusive rights to the U.S., but also Canada, the Caribbean, Mexico and Central America.
“We can get the costs down, so ultimately we can replace reverse osmosis and not have any chemicals or byproducts,” he said.
STW Resources has already grown to 200 employees, Weiner reports, and the company has expanded beyond offering water analysis, reclamation and remediation services. Its construction unit builds roads, pits, locations and water pond construction as well as evaporation covers for frac ponds. Its STW Energy subsidiary provides turnkey rig washing and STW Holdings can process drilling waste fluids, tank bottoms and oil-based cuttings. The company’s pipeline construction and maintenance division builds and constructs pipelines and flowlines to new wells.
Right now, Weiner said, the pipeline division is his largest but he expects water processing will grow into his most active division, especially with the new desalination technology.
“Saltech is a think tank with brilliant engineers and scientists who are always asking how they can make it better,” he said. “I think this will be a game changer for desalination.”
http://www.mrt.com/business/article_4f852818-023a-11e4-b1d9-0019bb2963f4.html#ixzz3S1XsUb4p
People treat Elite like it is an OTC scam, because they have not done their own DD.
They will be sorry.
So under valued in here. imo
But we are on the OTCBB, so who knows what happens.
We may have a very very positive conference call and close down a penny, or NH may state the tech doesn't work, its all a fake, he is sorry for lying to the FDA, LPC,shareholders and new hires, he apologizes to his family for buying another 200k dollars worth . Then he states Elite will be liquidated and he will managing a McDonalds, just down the road from Elite. Lastly he Invites staff to join him.
On that news the stock appreciates 300%.
Got to love the OTC BB.
Yea and why, fi the company is diluting itself to death would all high ranking staff take shares for compensation and then not sell on spikes?
Might they be holding out for long term price gains from a buyout?
Good morning snupoled.
Just my gut feeling, we hear news from the FDA within 2 weeks max.
We are now around 90 days since the meeting.
Then, Elites plug and play tech, will, as the FDA has stated receive an expedited review.
Then and also, as you have stated, we will see an abrupt sea change in the markets outlook of ELTP.
"suicide by dilution." lol
By what percent did Elite increase its shares on the market by last year.
Was that a greater or lesser percentage than the increase in price?
Dilution is not an issue with Elite.
BY the time that big pharma interest is public knowledge, you will pay some where north of 2 dollars imo.
At that point the risk will be much lower.
I agree,
Really would like to see ELTP get off the OTC.
At this point the phrase "ELTP is an OTC penny scam" holds water with a lot of folks as the extent of their DD is reading 7 post on ihub. Elite is a growth stock with a very good potential for a home run or 17. I do think Elite will run and run hard, but we are at the mercies of the MM and traders on both the up and down swings. Elite has great value, it will be recognized.
It is very frustrating.
I believe that the company is increasing in value at a very rapid pace, but the stock price, well not so much. The way I look at it is I either retire on this company or live the way I am now, and I am pretty blessed.
All indications are Elite will get its ART to market, and it appears the CEO is very very confident of this and has spoken with his own money. He has so much ridding on this than any of us. I believe he knows what he is doing and I believe the tech is plug and play and very effective.
So I wait.
Doubt it will touch any where near were you sold your position around .21.
Hope you are able to get back in before take off.
jtf3 Tuesday, 01/27/15 09:06:23 AM
Re: None
Post # of 142293
I finally sold last Fri with a minor loss. This is really going nowhere. I did my due diligence and don't see a bright future for Elite.
Good luck
"Elite's products possess characteristics that are best-in-class among abuse deterrent formulations."
Not one person has been able to validate or even argue why another tech/method would potentially outperform Elite's , Not one.
Boy we can not get off the OTC fast enough for me.
We will in no way need a RS to up list, but I am more than ready!!!!
The run will be evident in the rearview mirror.
Could happen anytime, look at the last one.
OTC "investors" are very very short sighted, and very few make money. So the market and its reaction imo are a contraindication of the long term direction of the company/stock, as long as we remain on the OTC.
What bad news???????
The FDA might require efficacy studies??????
Was that the bad news?????
Heard the same thing about Isradipine, inching along at a snails pace, never going to launch.
Well now it is in pharmacies.
Your statement was about revenue and dilution, you should be able to verify that. THe consolidation in the low .30's was a guess. I have been wrong on many of my predictions as have you.Predictions need no link, they are guesses. But when things are said about the companies financials, well they should be verifiable.
STWS does look like a possible play. I really like the business that
they are in---Water is going to be the next "Gold Rush", IMHO. Tough to
buy with this low volume, but that is what you get when you have a low
float. But I have cashed in big before in a low floater. When they start
to go, everyone that was sitting on the sidelines waiting for more
volume, pile in, making a stock have high volume.
Purchased some shares already and already to average on up with the
right news or volume increase. (Not good enough to buy ALL at the right
time, lol)
GLTA
"Questions, questions; try answering them and let us all know."
Post with facts and links and this problem will go away.
"most of the revenues come through dilution."
Really?? Come on , Link Please. lol
So by what percentage did Elite increase the float by last year, what % of the total outstanding were put on the market through dilution and by what percentage did the price increase last year.
Please back up your posts with facts.
He makes it look easy. lol
"Wonder how much it will drop this morning?"
Wonder how much it will go up when Elite files for their first ADT NDA?
Wonder how much it will go up when Elite launches its next generic?
Wonder how much it will go up when Elite when record q revs are announced in 4 days?
Wonder how much it will go up when Elite when Elite signs a M and A partner for their ADT's.
Wonder how much it will go up when Elite when the main steam press sees a clear path to ADT launch?
Wonder why one would care who owns no shares?
There may have been multiple communications over the last couple of months.
What we need to know is the science points to Elites Tech being very effective, plug and play., there's money available and Elite has GREAT leadership.
The FDA knows once they approve one, it will set in motion a snowball effect, a sea change in the opioid market. They will move with care, and so will NH.
GLTA Longs
I whole heartedly agree, I can not wait.
Off the OTC, ASAP.
Great post,
Thanks for the work!
Elite's future could not look any brighter.
ELTP
You never know, but those talking about it tanking this am were the ones buying in the .29s, IMO
Can't wait to get off the OTC, the company is not run like an OTC stock and won't be here long term.
GLTU
I agree it sure does look like we close green, Even though it is way way under valued imo, we will have days were it pulls back a little and consolidates. (Those darn flippers, imagine that people selling a stock!!!)
Once they file, which could be any day, the pull backs will be few, small and far between until Elite's is above a dollar. IMO
GLTU
Pull back is expected,
Invest long term and retire.
We are sitting on a time bomb.
ELTP
If you predict it every day, you will get a pull back one day.
What about the companies science/trajectory/management/revs make you think Elite will not prevail in the long term?
jtf3 Tuesday, 01/27/15 09:06:23 AM
Re: None
Post # of 142293
I finally sold last Fri with a minor loss. This is really going nowhere. I did my due diligence and don't see a bright future for Elite. Nobody has endorsed this tech and all I hear are delusions of people here becoming millionaires. The market does not see any value in Elite!!
Good luck
Thanks Couch,
Keep bringing the solid DD.
Amazing how many folks rely on things other than the companies fundamentals.
The fundamentals will rule, and they are rock solid.
Read up folks, check/ask for links when things are posted,
Elite is a stock that you can retire on.
GLTA Longs
Still not huge volume, but great to see.
When the volume comes and it will, we will 10 cent see movements in a less than an hour.
It happened before ,and the company was no were near where it is now.
ELITE is rock solid and roaring forward, the stock pice has a long long way to go imo to catch up to the companies value.
GLTA Lpongs
My guess is it falls up 2-4 cents.
It is going to be hard for those who sold their position at .21 to get it back, real hard.
jtf3 Tuesday, 01/27/15 09:06:23 AM
Re: None
Post # of 142293
I finally sold last Fri with a minor loss. This is really going nowhere. I did my due diligence and don't see a bright future for Elite. Nobody has endorsed this tech and all I hear are delusions of people here becoming millionaires. The market does not see any value in Elite!!
Good luck
What is the potential share price if Elite is successful??
No one will make a guess as the potential is mind blowing.
The great thing is the tech/science/management. is rock solid, so we may very well get our minds blown. lol
"The question becomes how many twice daily opioid ADT formulations can Elite use with Naltrexone and how many once daily opioid formulations (think Eli 216 - ELI 225) can Elite formulate???
ELI 216 is where the real money is. Nobody has a once daily ADT opiod on the market let alone a whole line of once daily ADT products plural.
ANYBODY know if there is a 3 bead technology out there ?? SAY for Oxycodone/Naltrexone/Acetaminaphen"
This run will be very interesting, if it runs hard without a FDA filing, then selling into it would be very dangerous/risky. Pharma stocks are known to explode and this one has a very solid story.
GLTA Longs
Every break through tech had a time period when they were undiscovered.
Because it is not recognized today has no bearing on Elite's potential to bring it market.
It only gives folks like us a chance of a life time.
Buy and hold.
GLTA Longs