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Relax flaming dragon. The companies fundamentals are set for a buyout and that is how he will be able to cash out of this. He is not planning to run this company for 20 years. He is setting everything in place now to drive the value of the company just like that revenue chart. YOY headed parabolic.
Your job as the confidence man (self proclaimed king) Flaming Dragon. Has been to distract while earning trust. However I don't think you know why you were assigned to this board either.
Anyway, I have things to do today. I do find you guys fascinating. But not in a good way. Good luck with your manipulation. Congrats on your life choices.
Elite doesn't care about you, your lies, manipulation, games or trading. They are just going to keep making more and more money. Launch more drugs. Announce approvals and trials for products big and small for the days, months and years to come.
Lol. Because they needed to buy Adderall. We all know this. Sungen would have sold it to someone else. We had no money. It is literally the reason the company is blowing up. See the revenue year over year.
But you already know all this but the Nasrat the Bogeyman theory is all you have left.
You think it is going to .21 today?
IB, what did you want to be when you were growing up?
I am sure it wasn't a message board tough guy who spends all day on a stock he claims to own, hate, love depending on the position of the sun at any particular time.
I have no affiliation to the company. I am just doing basic math. Why are you here?
Is it to save people? Lol
Here is another question. Why didn't you just listen to me when I explained how undervalued the company was a year ago? Actually way before that too. The stock was at .04. there was no volume, shorted down there for no good reason.
I mean, you (not a trader no idea why you are here) and all these traders could have saved yourselves so much aggravation and time, and wouldn't have to sell yourselves out.
It was simple then and it's even simpler now.
Huh? More lies. Can't keep track, rack?
It really has been a simple question to answer. But I suspect you really don't know.
What do you tell people when they ask what you do for a living? Let's try that.
And don't pretend to be a trader. This stock had no volume, no movement for a long long time because it was shorted down.
There was no value in trading unless.it was for a happy meal yet here you were year after year after year.
Seriously, what is your best guess as to why?
It's a simple question. Why do you think you were assigned to this board?
Now what is funny is your delusions of grandeur when you are a penny stock trader. Nothing wrong with that but let's not pretend you are some sort of financial wizard.
Because if you were? You wouldn't be here bragging about trading penny stocks
Should I elaborate? The reason it is so important in this case because it is setting a floor. We should be looking forward and the P/E should be in the 30s-40s because of the products in the pipeline some close to fruition.
Like every R&D company in the space.
However the evaluation is showing more like a simple manufacturing company right now with no reference to R&D potential and results in the future.
It is why this is so incredibly undervalued as it stands today.
That might be the dumbest comment I will read today and that's saying something. P/E ratio means nothing? It means everything. And it's backward looking right now when it should be forward looking. And the numbers forward looking are huge.
It means that you don't mean anything. This board doesn't mean anything. Your existence doesn't mean anything.
It's just math.
How about this. Show me another company with the financials elite has on the OTC? The P/E. Let me know. Good luck
The trials either started end of the year and completing soon or completed , are ongoing now or starting soon. Nasrat gave you a timeline and noted availability and scheduling. That was a couple CCs ago.
You really don't know why you are on this board, do you?
Anyone that has shares gets the buyout price of the stock. The CEO has the most shares and that's how he gets rich. You have no shares so you wouldn't get anything.
Except your compensation for working this board
The reason you always post information some of which is factual (when it can't be denied) and some is lies (like just now) is because when people see the times you post factual things they agree with you. And in doing such you gain their confidence. Then you can lie.
Hence the term "confidence man"
Or as I like to call you. Message board grifter.
Do you even know why you were assigned to this board?
IB, what I am really curious about? Can you pin point the moment when you crossed over? When the water boiled and the frog was cooked. When the morality and ethics went up for sale?
Was it a way to justify something bad that happened to you? Now you can take out your issues on others?
But you are just on the job right?
Never thought about it. Never occurred to me. Has nothing to do with basic math
I am glad you think so much of me to think I would be on a board of directors.
Elite doesn't need me. They make products measured in billions of dollars. It's simple math.
They are approved, measured, registered, regulated, observed, and licensed by the toughest federal agencies.
They make controlled substances that are in high demand and high shortage. They have low debt and a low P/E. It's just math
You have to convince people math doesn't exist. I am just doing math
That's three lies in a row. Like a haiku of lies.
Or how about the real irony? You are working for me and don't even know it.
Does it bother you that while you know that I am right, you have to sell yourself out to post here?
That's kind of the irony huh? We both know the truth but you can't tell it?
Me? I'm from NY. I can do basic math. I can calculate a PE. I can see a chart showing revenues undergoing massive growth YOY.
I can see multiple products pending approval now.
I can see massive products in development. I can see Concerta trial results and filing coming soon.
It's just math.
I can see you needing people to sell. I can see you needing people to not buy or do the basic math.
One of us is honest. One of us is you. Not the same.
Relax Flaming Dragon. Save the fake drama for acting class. I get you are also here to perform a role. Key word being "perform"
Just get Tugg Speedman his TiVo
Here is your overall problem. The company is in a rapid growth phase (see the revenue chart) but the biggest products are in the near term future. So you have rapid growth on just the currently approved products and an already low P/E.
Then you have multiple products pending approval now.
What does this mean? It means that this is about as safe an investment as you can find.
Note I said investment. People trade and that's cool too. No issue there.
Ok. Let's assume you don't know why you are here and you are not allowed to answer.
What would be the reasons you were assigned to be here?
Someone is very very short on the stock and requires your presence on this board.
Someone is looking to acquire the company.
Now both of these can actually be true to some extent. Which do you think is more likely?
What is the current P/E and how many drugs pending approval? What is the current trajectory of just the approved drugs and revenue?
Are you not allowed to answer?
What is the P/E right now? How many drugs pending approval right now?
You don't know why you are here...do you? I am counting on you...lol
So come on and tell us why you think you are here since you don't know. What's your best guess?
You don't even know why you are here...lol
Never been to Lebanon. Been to different areas in the middle east. Heard the women in Lebanon are unbelievably beautiful.
I own shares. You don't. You have a job to do here. I don't.
You have zero moral compass. I do
And you were bullied as a kid and this has become your outlet. How am I doing so far?
I do miss your little private messages to me. Message board warrior.
Did you meet him at the home you were assigned?
Better get that Tivo
Is this Flaming Dragon? Did you let Tugg Speedman go?
So do you know why you were assigned to this board? You can tell us
That chart pretty much tells the story. And it's barely started.
I guess the clowns have run out of ideas so now back to the Nasrat the bogeyman theory? The guy that's going to make $300m to half a billion dollars when we sell the company?
Seriously, are you guys paid by the post or the reply. Has to be the reply...right?
I don't mind replying. It's basically charity
Rack, just come clean. Tell us why you are here and if you actually don't know which seems most likely just admit it.
Elite makes Drugs like Adderall. Have you ever heard of it? They make other drugs too, some in shortage. Soon they will be making more drugs. $10 billion dollar market of drugs. 4 ANDAs pending with FDA right now. Others in trial and development. All Billion dollar drugs.
So many damn drugs they just doubled their manufacturing and added another large building for packaging and shipping.
So this is getting silly. Just tell us why you think you were sent here
You know what is interesting Eatman. You have been here forever and obviously have no idea why you were assigned to this board. There's really only two reasons.
1) There is a massive short position that needs to be covered
2) There is a massive accumulation by one or more buyers that required you to be here.
Which one do you think it is? You obviously don't know for sure, so what is your best guess?
It could actually be both. What's your best guess?
You really don't know why you are here, do you?