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Wow the CEO is really trying to get some momo from these virus PR updates. Maybe one will stick?
Every little bit helps!
News out as expected
No because Nasrat still wouldn’t be able to sell his shares.
What do you expect him to say, the CEO of a publicly traded company? That he really doesn't want to work on the Elite project for another 10 years and would rather look for a buyer for the company in the next 18 months?
Of course not. Even with an uplist, (that wouldn't even happen in the near future), Nasrat still can't cash out his holdings.
Nice day!
Uhhh that's why the share price is 8 cents. IF they get funding...no more 8 cents.
Pretty easy concept.
He owns "million and millions of shares" though. Why someone in that situation wouldn't be cheerleading is beyond me though...
Allegedly.
No need for a leak, it’s not as if a $7 million quarter is going to launch the stock overnight. This is a long term play with Adderall XR revenues going to be starting soon and flowing throughout the year. Most longs, while excited about the idea of possibly finally being CFP, are really looking forward to any forward looking statements regarding revenue projections for the XR heading into the new fiscal year for Elite. That is where the gains will come from.
Up 10% now for a minute by minute update. Does that mean the news is good now?
$6000 worth is the market? Really?
Because people don’t know the news yet? It’s coming later this week.
Heavy selling is $6000 being traded?
Agreed x2.
It could very well be close. Regardless it should be the most interesting conference call we've had in quite sometime around here. I'm looking forward to hearing some projections about Adderall XR for the rest of the year.
Antibiotic is due in March now.
.10 just around the corner ;)
I’m sure the CEO is preparing for that...as his preferred are converted to common stock in April. Lol, next.
I'll answer your scavenger hunt for you: You can't find one. Hence why Elite won't be where it is now for much longer.
Great post as always.
$100 million and the stock probably triples at least . The R/R here is tremendous for shareholders.
Sounds like it based on the press release. Hope someone comes out of it.
I'll take some more .06's if anyone wants to give them away.
If all he cares about is selling shares and nothing will come out of looking for a partner, what difference does an extra penny or two matter? He would just sell at .07 instead of trying to get .08 LOL.
Nice movement thus far today! Looking forward looks promising here.
At the current valuation, along with knowing how penny stocks can move, this could be an attractive play this year.
I don't care where it fell from, only look forward. And at a $12 million market cap, it's undervalued.
And yet that $25k worth of stock traded will make some claim "the sky is falling!"
$25 million; that sure would be a nice looking quarter!
Not sure how some can connect how a conference went to $25,000 worth of stock being traded in a morning.
You mean...literally the bid/ask spread right? Like how yesterday we would close red yet was +4%?
Well, I read it and am a new investor. I sent it to several family members who could potentially buy several hundred thousand shares each...so there's that too.
So you shouldn't focus on small increments of change, unless you're looking to buy or sell on that particular day. Your heart will thank you.
Are you really giving up to date movements on a penny stock? What's the point?
Don't really care, only care about the price December 31.
Launch this week or next IMO.
Nice action for a Friday session; .10 just around the corner.
Onward & upward to .10 we go
Nice start to the day.