The key words "up to 100M" gives a lot of wiggle room so not going to believe anything until it is in writing in financials from HBRM.

She told me on the phone over a month ago that they had already done 2 phases of share buy back. Now this PR states they are beginning to do the buy back. Won't believe anything concerning this till I see it in financials. This goes along for a number of other areas as well that we are all well aware of but at least the PR indicates that things are moving in the right direction. Hopefully the dilution has stopped and we get more details in the next report.

Welcome back to you as well. Parole is cool huh?

Just wanted to say it is nice to be back after being released from IHUB jail. Always enjoy the great DD from you guys here. LONG and STRONG ELITE

Yep, to bad we couldn't peak inside that CT huh? Competition killer getting lined up again.

They know it will be ramping up soon hence the reason for the new hires at the company. MIKAH has to contract everything out so why not one stop shop and have Elite do it all. So many inter connections with Elite and big players. It is like assembling the dream team together.

Oh it's gonna rock and roll for sure...just a matter of when. Was kind of hoping that info would not have been CT'd but I know JT knows what he is doing and it will pay off down the line.

Emailed the Dr again and asked her to please clean up some of these cloudy areas so investors can gain confidence. No reply yet but hopefully.

Along with approval for the second facility to go fully operational as well. It is the same as they do with the multiple patents all going to Examiner Vu. FDA probably has one or two people assigned to Elite and they handle it all and submit one file for approval with everything included and then 3,,,2,,,1,,, launch

Pretty funny how the continued misleading info keeps getting posted but I will try and help with a factual link about Mr. Jerry Treppel.

http://www.forbes.com/profile/jerry-treppel/

Well, let's look a little deeper. Suppose we speculate that the CT order has to do with the HK partner. "Coincidentally" a new MM shows up and wham pre-market even before we know about the CT PR the PPS is driven down. I saw a post which indicated that this MM does a lot of business with foreign investors. Did this just spontaneously happen? Not in my opinion. Someone knows the content and significance of the the CT, most likely far east of us across the ocean and wanted in to the game with a nice big position at a nice walked down PPS buy in. Just my opinion of course. Nothing changes the end result for Elite which we all know will be here sooner then later.

Maybe an investor in Hong Kong huh?

Buy volume exceeds sell volume so not really sure where anyone is seeing a dump fest here. For every share sold there is a buyer and then some. Wanna bet MM's are accumulating big time?

http://ih.advfn.com/p.php?pid=trades&symbol=ELTP

Sometimes you guys really make me laugh. Almost all of you know the potential future value of what we are holding here. Do not sweat the small stuff like a penny or two up or down. Does anyone find this simply coincidental that the MM's walk this down just before we get the confidential PR? Wait till you see the Elite magic unveiled. This aint JT's first rodeo and look at the team and inter-connections he has assembled. Sure can't wait till next report and CC. We get a little more insight every time.

Lasers, I can't respond to your PM. My email is the same name on y hoo.

Do you think it was a sell off or an MM manipulated move to walk the PPS down (pre-market and pre CT) which triggered a bunch of stop losses thus freeing up a bunch of shares that used to be not available. Longs aren't selling. Flippers are here and there. Float has to be very little in my opinion so if MM's want shares they will catch everybody like they did with that pre-market big PPS drop and trigger everyone's stop losses. Foolish to have those set in my opinion. MM's know they are in place. This was a calculated move by MM to coincide with the CT PR in my opinion which allowed them to load up on some cheap shares.

Exactly right Kid....LONG and STRONG

It is just pure MM manipulation at this level. They control it and can do what they want to allow them and their MM friends in,out, short, etc... It will be that way until Elite passes a certain PPS level where the MM cannot make it move and manipulate it so easy any longer. When the longs have full control and the float is all but gone.

Most likely a multi billion dollar company not just "a billion dollar" company. When you have ground breaking game changing technology that no other pharma has or can copy thanks to patent protection that is where the company will end up in my opinion. CT probably related to a product that is going to use 216 tech also.

Gotta admit that the most critical areas of concern as highlighted by Malc involving HBRM are the ones that the company seems to be the most evasive about in my opinion. Until the company takes a professional approach and addresses these areas of concern, little chance of confidence building here or any positive PPS move as we saw with the last vodka PR which resulted in nothing positive PPS wise. Even the promos didn't show up for that one which indicates to me the game might be done done but again just my opinion.

We got nothing from the last update which was actually pretty decent news about the increased distribution of the vodka so why do you expect anything different with the next vodka PR?

Now if financials show significant increase in revenue and much less dilution as a result of this then we could get some life back here maybe.

I guess this famous line always attached to their Pr's may not really be that applicable huh?

One of our most important responsibilities is to communicate with shareholders in an open and direct manner.


Much like a lot of other things. Smoke and mirrors in my opinion.

Well that sure is a logical assumption post about HBRM.

Well I have read yours and others posts on this subject and really do not have more to add other then with all the secrecy involved it has to be something that Elite does not want their competitors to know about obviously. With that in mind and JT asserting that opioids with 216 tech were the direction for the future of Elite I feel as you indicate that it will be in that schedule of product.

Whatever it is, Elite feels maintaining confidential is essential so that indicates to me that it is probably very significant.

I wish, if I could get to 2M now I would be very happy but doing refi's on a few properties now and cash is locked up for a bit. Hope to get some more Elite shares soon though.

Oh I know you haven't, I was just kidding around with your because Lasers mentioned " a big buyer wanted in"... You are the big daddy shareholder on the block for sure (wink)

Conix, nothing personal, I respect and like your posts and I am sure you are very knowledgeable in trading. I just do not have faith in charts at this level for predictive analysis at least on a consistent basis. Most technical traders who rely on charts are not playing at this level but higher levels. It is far to easy to manipulate Elites PPS at a whim by these MM's behind the scenes in my opinion. That is what we have seen here today very clearly and if it coincided with your speculation based on your chart reading well great for you but still won't cause me to put any faith in it on a consistent basis.

Calling Helo,,,,lol lol lol....I know he would not do that but he does love his Elite shares and is a very dedicated long for sure. You are totally right Lasers someone probably knows the significance of the CT filed today and wanted in big time hence the walk down which started pre-market and triggered a ton of stop losses.

Makes you wonder who the big buyer might be that wants in (got in) huh? Somebody knows a secret I think....just my opinion of course...tweet tweet tweet

MM's have far more control then you or I do and if they decide to walk it down then down it goes. Pretty coincidental that they did it pre-market huh before the CT was even Pr'd? Wonder if they might know a little more then we do and perhaps are accumulating by knocking down some stop limits?

Charts mean nothing at this level. Chart predictive analysis with penny stocks is as good as just plain guessing in my opinion. Far to easy for MM's to manipulate at this level as we see today.

Nope, not one bit. Certainly was accurate in the prediction of a PR though just didn't know it would be kept confidential. MM walk down manipulation is something we have seen quite a few times with Elite though so that is nothing new. Letting their buddies back in the game at a lower price because they know what is coming. Little birdie knows also...tweet tweet tweet

Yep, MM's walked this thing down pre-market because they knew in advance of this CT (my opinion) for the sole purpose of accumulation, letting their buddies get in at a lower PPS before they let it run again. When the pieces of the puzzle are finally revealed we will all see how huge Elite has become.

I suggest that everyone who is a concerned shareholder email or contact the Dr via phone and request complete clarification on these issues from the company. If she knows we are all concerned perhaps she will put something out that explains these inconsistencies? I know when I talked to her she would not say much about the 50M missing shares. I did not bring up the 235K for 72M share point as you have though which is critically important in my opinion and should be clarified.

You guys ready to ride the rocket next week? Birdie sure is and feels very confident that sometime next week we get something very big and juicy from the company. I bet we are in the mid 14's when this happens and then a quick fly up to the mid 20's or beyond. Fasten your belts, the ELTP rocket ride is about to begin...tweet tweet tweet...

Apparently means nothing to investors as evidenced by the continued low volume and sub penny PPS. What apparently does matter to investors is current financials showing profit, transparency and open communication between the company and shareholders. Something Lyric has been lacking for the past 7 years which is why you have a 98% loss in overall value for the company during that time period. Really pretty pathetic if you ask me but you have to wonder why all the secrecy? Then we find out about the criminal element intimately involved with Lyric so now all the secrecy makes sense doesn't it? Perhaps the SEC is knee deep in them right now, you never know, just my opinion of course.

I have heard your old repeated songs as well regarding Lyric. Nothing has changed and funny thing is my songs are factual based. No denying everything I posted has occurred or is still presently occurring with Lyric. Certainly no new songs coming from Lyric in the form of financials now is there?

This sounds like something the SEC should review to see if there is anything fraudulent occurring in my opinion.

Quite right Mac, it's the same ole non reporting, non compliant, non transparent company it has been for a number of years. 98% overall loss for investors since inception speaks volumes though. Obvious lack of investor confidence and trust based on low volume and PPS speaks volumes though. Lack of communication and transparency with shareholders speaks volumes though. BOD member and other Lyric insiders accused of criminal stock fraud with other penny stocks speaks volumes though. OTC red flag warning investors speaks volumes though. You are quite right nothing has changed apparently.

If you read the initial PR from HBRM about the vodka deal it talks about receiving a percentage of the sales revenues fromt the vodka so does this still fit in with your theory here? I do agree with you that they probably have an exclusive contract for X number of years with Bismark.

Interesting theory which is not out of the realm of possibility. One thing that appears to be obvious in my opinion is that the shares went to an insider or group and the transaction is not documented.

Well, it is a product they are selling with a partner so it should show on their report in some manner. I agree, having the name in small print on the back of the bottle will do nothing in my opinion but the Dr sure seemed to think the "free advertising" as she put it was very important when we spoke on the phone awhile back.