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You didn't even know the market was closed today. What's the best guess as to why you were assigned to this board?
Lol. Keep trying. Market is closed today. End of quarter which is why this overhang is being cleaned up.
Why do you think you were assigned to this board? Best guess?
Hilarious and of course notntrue
Haven't really read it at this hour but it seems one is to provide employees stock options. That's awesome. Good for them. They are the ones actually doing the work.
And the other is paying Nasrat his shares he already worked for in lieu of salary
Cleaning up the overhangs.
Are you a bot?
Naltrexone Shortage
https://www.painnewsnetwork.org/stories/2024/3/21/naltrexone-shortage-disrupts-addiction-treatment
Naltrexone Shortage Disrupts Addiction Treatment
March 21, 2024
By Pat Anson, PNN Editor
An inexpensive drug used to manage chronic pain and treat substance use disorders has joined the growing list of medications that are in short supply in the United States.
The Food and Drug Administration and the American Society of Health-System Pharmacists (ASHP) both recently added naltrexone tablets to their drug shortage lists. It’s not clear what caused the shortage, but the ASHP says “there is insufficient supply for usual ordering.”
Naltrexone is FDA-approved to treat both alcohol and opioid use disorder, and is also used off-label in low doses to treat some chronic pain conditions.
In 50mg doses, naltrexone blocks opioid receptors in the brain and reduces cravings for opiates or alcohol. But in smaller doses of 5mg or less, patients have found low-dose naltrexone (LDN) to be an effective pain reliever for interstitial cystitis, Ehlers-Danlos syndrome, fibromyalgia, and other painful conditions.
LDN advocates believe the drug modulates the immune system, reduces inflammation and stimulates the production of endorphins, the body's natural painkiller. Because it is an opioid antagonist, naltrexone should not be taken with opioid medication.
So far, the shortage only affects 50mg naltrexone tablets. Pain patients usually obtain LDN by prescription from compounding pharmacies, which make the low dose versions in-house.
Several drug makers are reporting short supplies of 50mg tablets, including Accord Healthcare, Major, Elite Laboratories, SpecGx, Sun Pharma, Tagi Pharma, and Avet Pharmaceuticals. The companies didn’t provide the ASHP with a reason for the shortage, but said the tablets are on back order and would be released when they become available.
The naltrexone shortage comes at an inopportune time, as more people abused alcohol and other substances during the pandemic and sought treatment. The drug that helps them stay sober is now hard to get.
"People are coming in with more cravings," Dr. Aviva Zohar, an addiction medicine provider, told Philly Voice. "Even the feeling of, 'I don't know when my medicine is coming in,' is a huge struggle. It's horrific (and) causing a lot of stress.”
To make up for the shortage, some providers are giving patients Vivitrol, an injectable, extended-release formulation of naltrexone taken once a month. A single Vivitrol injection costs about $1,700, while a month’s supply of 50mg naltrexone tablets costs about $48.
The cheap price of naltrexone may be responsible for the shortage. Most drugs in short supply are low-cost generics with slim profit margins. Some manufacturers have reduced or stopped making generics because they’re not worth the cost of production or the risk of litigation.
Three generic opioids commonly taken for pain — immediate-release oxycodone, oxycodone-acetaminophen, and hydrocodone-acetaminophen tablets — have been on the ASHP shortage list for nearly a year, with no end in sight.
James, curious...how many sellers of Naltrexone do you see normally?
I think a lot of it is hand to mouth and when they get their quota. Once the quote is used up, they will be back in shortage. They don't seem to get a rolling quota.
Theatre. He's playing a role. Itchy and scratchy show.? His job was to come in and create anxiety. Itchy and scratchy ...right? Name is another literally what his job is.
They aren't missing anything. Traders see the lack of demand on level two and work to manipulate the stock. Same people likely run the stock up and don't think for a second there isn't a short component to this.
This has nothing to do with the actual company and the ridiculous financials and pipeline they have. I would say we need to get off the OTC but we will be sold before that.
Trading at something like a 2:1 price to sales and a 6 or something price to earnings. Backwards looking. It's so silly.
To put it simply. Traders here need to be right every time to maximize themselves and they better time it right which they probably wont. Investors are going to be right and already are. There's no tangible risk outside of an act of God. And the CEO sure isn't going to let it fail. He has the most to lose buy a mile.
But it's just about making stuff that's hard to make. Stuff people need medically. And it's many billions... just the current drugs. The CEO is just driving the value and revenue to sell the company.
DSherman is right in this idea about 99% of the time on OTC. Traders aren't some special genius. They understand supply and demand, watch level 2, spoof, send signals, and use message boards to effect a psychological advantage.
None of those stocks have real fundamentals. Elite wasn't really something to trade for a long time because it was shorted and held down for a long time. There was no volume for a long long time. Traders need volume. They need % differences between the bids and asks and I would bet a high % use illegal tactics as some have busted themselves in their admissions.
Using multiple accounts. Buying and selling to themselves when there are large spreads
"Oh no, someone just sold a large block. People are bailing..." Yada yada
"She's stacking, huge buys going off"
Need multiple accounts and sometimes multiple players to make that work. You are not allowed to sell to yourself or buy from yourself. You get one or two warnings then your trading can get limited
Elite ELTP has the fundamentals unlike 99% of OTC. So investors look at it like like a big board stock This is way undervalued because of basic math. It should be a big board stock.
Because it is OTC, it's not always going to be normal. Or make any sense.
We could easily run to 30 in a few days or drop to .13. I do suspect there are traders looking for cheap shares. Investors looking for shares and there is a large short position because it is OTC.
It is the wild West but the company doesn't care. They are just going to make more and more money and then boom.
Why do people think it ran to .90? It was a short squeeze then a run up to short it down. The company was not worth that cap at that point. Not remotely close.
Why do you have multiple IDs? Why is it that you don't know why you were assigned to this board? What's your best guess? Surely you have a guess?
AMA - that you buddy...lol
Rack is turbo mountain.
See.below
I dont think he was replying to this ID or was it another ID you are using and you got confused?
Why are you here for years and don't even know why? Isn't that the most interesting question? Do you wonder why sometimes?
There's like 20 maybes in there. It's so dumb and there is no argument being made.
Here is a maybe and it's by far the most likely.
Maybe we were screwed when Sungen needed to sell Adderall % and move on. And we didn't have the cash (this is not a maybe).
So Nasrat bought it through his previously ramped down company because he needed a vehicle to buy it. And maybe it's not just Nasrat funding that big bill.
And maybe when Elite has the cash to reimburse for the cost of buying it, we will get it that 50% as he has noted. He is literally the person that will benefit the most when this happens. That's not a maybe.
Still the funniest and dumbest part of your argument is you are trying to make a case for not even getting Adderall which is by far the biggest funding source for everything Elite is doing.
And all that revenue we have now and the low PE and the massive R&D, and the billion dollar products pending approval, and in trials.....all are directly linked to this thing you have a million maybes on that dont make sense.
You aren't a contrarian. You are an idiot that likes that word because you have probably come to the conclusion that you are indeed an idiot and by saying you are a contrarian you can pretend you aren't an idiot
I'll stick by my analogy. It's like being mad at your parents because they paid for half of your medical school and loaned you the other half to pay back. And now you are a doctor making $500k a year and you are mad at them because they should have bought you a car instead of helping you with medical school.
Just follow the math. But that's not your purpose here anyway. Lol
Yeah. I'm 100% positive on bubba412.
Bubba is an actor. Playing the same role he did when he created the ID. I'm 50/50 on Weezuhl but his literal name is Weezuhl. Not exactly the name a serious person would create while bashing the company.
Like AMA is ask me anything and that's his role before he was changed to be the king but still same role
Eatman - obvious
IB Stoopid - that was his role and so on.
I am pretty sure this is just an act in the play. And he has no argument and can't point to any harm he has been caused. I'm pretty sure he is an actor
Ok. So if you take your post history on EFLN and look at that stock, it is clear you are working for someone that is short. Do you know how many millions of shares of ELTP you need to help cover?
I know you guys are used to OTC that has to dilute and you can short it into oblivion. Well your boss anyway but that's not gonna work here. So you can tell us how many millions of shares it is. I won't tell anyone.
Ok. I'll ask a deeper question. When you first created this ID and were assigned to play the same role you are playing here...13 years ago...
On the EFL board.
Do you know why?
Here is a wild one. When you first created this ID, you called green money "king". On the EFL board. Is this a common thing in your guys stock manipulation groups? Someone has to be called king?
And since you had just created the ID, it is clear you knew the person and to refer to him as king but had just started posting.
And you are playing the same role there 13 years ago. Like I keep saying. Actors and theatre
Is your point that you don't know why you are here? These really are the simplest of questions. The simplest of concepts.
So if you don't know why you are here, the other two assumptions become the most likely
Ok. So let's look at the possible answers
1) disgruntled ex employee. Certainly possible. But the dedication makes it seem unlikely
2) Sold your shares and need to buy back in cheap. Didnt see the latest run coming.
Now these two items assume you know why you are here. I don't think you do. But both are some fairly obvious possibilities but the dedication over this much time makes it unlikely
The most likely that fits both a motive and the dedication is that you are compensated to be here. That solves the dedication question so what's the why?
Well assuming you are required to be here
1) your boss is still short millions of shares...I think this is most likely
2) your boss has been in an accumulating phase for some time. Also possible
So I have provided four options for you to pick.
Nah. You aren't interested in an intelligent discussion. Isn't a person's motivation to bash a stock they dont own all day long for years way more interesting then the daily ongoings of a pharmaceutical company?
We get updates monthly and quarterly as things occur with the company.
But you and the rest have to be here all day long. I think that's way more fascinating. It's not like we get a tally every day of of number of pills shipped etc...
You are here because you need to convince people of some sort of nonsense and for people to not actually pay attention to the actual fundamentals and items in the near and long term driving the value of the company.
But the "why?" is the question
Eatman, your best guess. Why were you assigned to this board? What is your purpose here? Best guess..
You aren't a shareholder. And I asked you the other day, how have you been harmed? You seem to want to pretend there's some litigation so what is your claim. Again, it's all nonsense but it is entertaining
That's a lot of posts today. Now why would you be here posting all day? These are the simplest of questions yet the most important. Do you actually know why you are required to post here?
His literal name on the board is Weezuhl. There's an expression that goes. "When someone tells you who they are...believe them". Lol
Lol. Good luck with all that. How exactly have you been harmed? And sorry not wasting time on this. It's the dumbest argument you are going to try and make and you still haven't made one. And it's based on a bunch of things you don't know. "If this" and if that and you are talking about the biggest product benefiting Elite.
I am going to go with the math.
Of course. Lol.
It's like watching monkeys at the zoo. But someone has been bankrolling this little operation for a long time. I still wonder if they know why. I don't think they do.
Lol. Adderall has costs regardless to launch. You think it's just a piece of paper and you start making a controlled substance that goes to the public?
I still don't know what your argument is. And you're little red letter stuff doesn't make sense either.
How about this, why are so many folks from other countries so interested in this little rapidly growing pharma that they have to post nonsense all day long?
Isn't that more interesting then a product that has enabled Elite to have YOY record financials and monster products in the pipeline? But somehow that's not what you want to talk about .
Huh?, you still haven't even made an argument Well they brought Adderall and paid the costs to develop. We know that much. What exactly they have for employees or do they have to contract out resources? Or they pay Elite to develop and cover those costs like others have done as part of these type agreements?
Is that what you are asking?
We can see it's been extremely profitable for Elite. We can see shareholders should be very thankful that this occurred.
What we do know is that it's been the biggest positive for the company to date. Is that why you guys are trying to go after it which this silly line of manipulation?
I have no idea what you are asking or trying to say. I do know we have a 50/50 profit split. Same as we would have had with a Sungen Chinese company or if we didn't acquire the rights, might not have it at all
But you don't care about any of this. This is just this weeks theater.
You haven't shown anything that makes an argument. You have not shown any instance where illegality occurred. You have not showed any instance where anyone was harmed and the opposite is true by 1000% where all investors are benefitting.
You have not showed any alternative that should have been taken that would have been better and you have no information to indicate that an alternative was available.
It's just this weeks theatre
What is the complaint? You wish the company didn't have the financials and fundamentals and growth that has resulted out of Mikah saving the company?
He is just a construct. That's why the trump pic and the "blue lives matter". He is in and from a country near SE Asia. You think he is a trump fan and blue lives matter supporter?
It's so dumb and so obvious.
You think they are giving out 10s of thousands in student loans he doesn't have to pay back in his country?
I don't worry about Elite at all. But these guys fascinate me. Like I said many months ago, watch that show "scammers" on YouTube. It's the same type people.
Hahahaha student loans....anyone believe that. He is just a construct. His previous ID before he change the name was AMA for ask me anything because that is the role he is playing.
This is all just theatre.