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Complete BS predictions that never happened and never will. Huge sell off today at 100K+ shares. Sure thing. LMAO Gap down on March 21/17 never happened. What investigation of ELTP? Show me the proof or its just another unsubstantiated BS comment.
When did I ever say anything about an SEC action against Elite?
Fyi, Elite is being investigated
Can you provide any evidence Elite hasnt been investigated??
Fyi, Elite is being investigated
Gee, the last time I heard terms like: FYI, ELITE IS BEING INVESTIGATED, it never happened.
Fyi, Elite is being investigated
I guess I should have activated my sarcasm font because that's what it was. Yes, I was actually advised not to believe the SEC documents and put my faith in unsupported, anonymous comments. Thanks, but I am doing just fine using the accepted sources of completing my DD including the perusal of SEC docs.
I was told not to believe SEC documents
Well, you blew me out of the water with that one. Now, I am really
worried. . .am I starting to slip? LOL LOL But I was actually thinking about the actual original verbatim documents drafted by the two pharma's legal counsel not an SEC document. And besides, I was told not to believe SEC documents and just go with the "critical thinking" info posted on this board. LMAO
Thank you for the link.
How about showing us a copy of an agreement, not just from ELTP, but any agreement between other pharmas. We know other pharmas have formed partnerships and there are, no doubt, agreements between them but where are they? Well, I have found they don't exist for public viewing. So, yes, if it really is simple. . .just show us a copy of any agreement. Thanks
show us the agreement, it is simple really
someone with a long history of calling it exactly right
Thanks, but I will take facts and statements made by the company over the anonymous "critical thinking" where the links are never provided to support this "critical thinking". LMAO
I have completed my DD and took a position in April/2012 based on information gleaned from sources such as SEC filings, PR's, statements from the company via CC's, etc., etc. Information that I consider to be far more reliable than non-verifiable comments made by anonymous, non-insider sources. And really that what it boils down to: should I listen to the more reliable sources originating from the company or go with the unsubstantiated comments from non-insiders who are not privy to the daily business activities of ELTP. That was an easy decision. Guess which one I chose?
We will see what the BE results in May brings. I am so looking forward to seeing the approval of SequestOx after being told at least 23 times over the past year(stopped counting after this number) that this will not occur. I am also looking forward to what the anti-ELTP comments will be then.
That July 18 information was clearly wrong
Years ago? I was told on July 18/2016 that Elite's ADT technology was solid.
Well he lost my trust years ago
Thanks for the info but I was told on Saturday that ELTP "should gap down big on Monday". It didn't happen. Close price on Friday = .1461 and open price today (Monday) = .1475. LMAO
http://ih.advfn.com/stock-market/OTCBB/elite-pharmaceuticals-inc-qb-ELTP/stock-price
Well I am glad you agree that the misinformation posted about submission at the END of the year was not true. Yes, Nasrat said "later this year" and "by year's end" but he definitely did not say ÄT year's end. LOL LOL
I think I will believe the CEO when he says they wont submit until end of CY17
We are expecting we can complete the two PK studies and resubmit by year's end.
Not true. What Nasrat actually said was re-submission would be LATER this year (CY2017).
I think I will believe the CEO when he says they wont submit until end of CY17
Might be better to contact the FDA directly as I am sure Nasrat is following guidance from them.
Oh by the way it might be useful if you could contact nasrat and explain to him that he is conducting unnecessary invivo testing. That would be a waste of valuable company resources so I am sure I he would appreciate that.
I disagree. BE can be established using in vitro data.
it might be useful if I explain that it is impossible to :WE ARE B.E." !!!! with in vitro data.
It would be useful to read multiple articles. As I said there are cases when in vitro would be sufficient, this is not one of those cases
Thank you for the info but I have just read an article outlining the testing for in vitro or in vivo BE (bioequivalent) with the proper study design. So, again, if I am reading your quote correctly, you are still saying it is not possible to determine BE using in vitro data. The article, which also makes reference to FDA procedures, would disagree. BE can be determined using in vitro data.
https://www.omicsonline.org/open-access/in-vivo-and-in-vitro-bioequivalence-testing-jbb.1000182.pdf
it might be useful if I explain that it is impossible to :WE ARE B.E." !!!! with in vitro data.
In vitro data can under limited circumstances be used to request a waiver from in vivo studies. This is usually when there is a strong correlation between invitro and invivo data from previous studies. There is zero evidence of that here. And in fact there is prima facie evidence that that is not the case here as they intend at some point to conduct human invivo studies
Really? So, If I am understanding you correctly, in vitro data cannot be used for BE (bioequivalent) testing in any application at all?
it might be useful if I explain that it is impossible to :WE ARE B.E." !!!! with in vitro data.
There are many small and large cap companies out there that offer incentives to their insider/ceo teams. So, to single out Nasrat, would be futile. He has serious skin in the game and is focused on the success of ELTP. When Nasrat succeeds so do I. I have noticed there are repeated suggestive messages that I should believe the comments made by non-insiders who allege to have insider information as opposed to somebody who knows what is actually happening in ELTP.
does that include insiders with financial incentives to produce only good news?
As I previously stated, when doing my DD, I place far more credibility on statements made by an insider (somebody who has intimate knowledge of the company) as opposed to unsubstantiated comments.
Speaking of proof...wheres the proof that the FDA stated any of the following??
Why is it that when I ask for proof to substantiate a comment, it is NEVER forthcoming. Deflection, yes but never any proof.
Nah, I prefer DD that makes sense to me and can be verified through means OTHER THAN what the largest shareholder has to say.
More unsubstantiated comments.
The screwball proposals which Elite submitted is immaterial... as Elite has admitted its formula was FDA REJECTED by the fact the FDA demands a new formulation
When conducting DD on a company, what carries more weight? For me, it is the statements and information (much of which has been submitted to the SEC) made by an insider who owns a large piece of the company and is fully intimate as to the day to day operations OR unsubstantiated comments made by non-insiders who have no idea as to what is transpiring on a daily basis in ELTP. Thanks, but when it comes to doing my DD, there is far more credibility in SEC docs, company PR's and insider public statements over the "other sources".
ah yes the deflection, where are those FDA minutes? Oh wait, we are to base the proof on Nasrat comments?? that is too funny
Ah, so now it time for deflection. Getting back to the matter at hand; so no proof is forthcoming to support these false comments? Got it. Too funny.
On Dec 21, elite went in and proposed three screwball ideas to the the FDA, think like sprinkling beads on applesauce (LOL)
The FDA said no freakin way- go back home and start over, develop a new bead. They have been working on this ever since. They are suing standard coating techniques that every other pharma has, nothing special there.
Unsubstantiated BS? Then show me the proof. Give me verifiable information to prove this; otherwise this is just another comment destined for the trash can. No verifiable info = no credibility.
That is unsubstantiated BS but thanks anyway LOL
Absolute BS; unsubstantiated comments that belong in the trash can.
On Dec 21, elite went in and proposed three screwball ideas to the the FDA, think like sprinkling beads on applesauce (LOL)
The FDA said no freakin way- go back home and start over, develop a new bead. They have been working on this ever since. They are suing standard coating techniques that every other pharma has, nothing special there.
So Nasrat was suddenly believable when he was quoted as allegedly saying there is no talking going on between PuraCap and ELTP and when then that statement was proven to be pure BS now it's back to "Nasrat speak". Too funny.
I believe Naz when he said they are not even talking now
LOL that is what savvy investors call Nasratspeak
Why, yes I did but did you notice the words, "it's ongoing" as in nothing has stopped when communicating with PuraCap? Communication continues AND ELTP will be having multiple meetings with them as well after Nasrat receives the BE study results.
did you notice the words will have. not now, maybe later
Absolute nonsense. Where is the source for this statement?
nonsense. I believe Naz when he said they are not even talking now
I am hoping ELTP will continue the partnership that Epic started with us before it was sold to PuraCap. This is what Nasrat has stated about a sales and marketing force:
"I would love to work with PuraCap; they are a great company that controls 68% of the narcotic market in China. They are growing in the U.S.; they bought Blu Pharma. They are a very good company. And as I said, I met their VP of sales and marketing, and she can deliver."
http://seekingalpha.com/article/3983163-elite-pharmaceuticals-eltp-ceo-nasrat-hakim-q4-2016-results-earnings-call-transcript?part=single
20091 = the year 2009 - first quarter
20092 = the year 2009 - second quarter
and so on
If the cocky attitude is meant by the words that the "FDA will not stop us. They may delay us but they will stop us", I disagree. The FDA has not stopped SequestOx; delayed. . .yes but not stopped. Nasrat is proceeding with the SequestOx NDA according to FDA guidance given on December 21. There are thousands of OTC companies out there but not all of them are current in their financial filings and only a few of these actually conduct CC's. . .ELTP is one of these companies. I have listened to all of the CC's since February/2012 and all of them have been informative. It is when the Q/A segment proceeded that I found annoying. Yes, there were a lot of good questions asked but there was also a lot of wasted time with the repetitive questions and the rantings of some of the participants. I liked the CC format of the past two(?) events because questions were sent in pre-CC and were answered in an efficient manner to my satisfaction - no duplicate questions and no needless bantering. I have emailed questions to Diane (Investor Relations) and they have been addressed during the CC's. If you have a question for the CC, then submit it and it will be answered.
but CEO's cocky attitude on SequestOx only made things worse. He dug his own grave. Now he is tucking his tail preventing Q&A dialogue during 2 most recent calls. May change for Q3 call, but doubt it.
Insinuations were made that Nasrat or somebody from ELTP had made the statement SequestOx would be approved in July. All I am saying is that this did not happen - no declarations of this nature were made by ELTP.
For real? So many on this board made ridiculous July approval claims & then tucked their tails after the CRL. Any objections to their "slam dunk" approval expectations were denied time & time again. Sometimes reality sucks.
Ah. . .yes, of course it was the "Nasrat propaganda machine". LMAO
It was the nasrat propaganda machine
If you are alleging I said approval in July please provide proof. I know Nasrat nor anybody else from ELTP stated approval in July. Its all about providing proof. . .show me the proof.
Yeah sort of like the bold ludicrous statement about approval last July
A bold but ludicrous and nonsensical statement that has been noted for future reference.
Elite will officially scrap the Sequest nonsense on the next earnings call as they can no longer continue the farce
Who predicted SequestOx would receive approval on July 14? I can tell you who did not make that statement. . .Nasrat or anybody from ELTP. So tell me. . .who made that prediction?
Predicting Sequest would received FDA approval on or before July 14th was a MASSIVE FARCE!
Laughable nonsense. If you remember, past links were posted last year where dozens of pharma companies received CRL's and no doubt many of these met with the FDA to resolve their issues. Minutes were produced from all of these meetings and yet none of those were posted. These were all good and truthful companies? No. . .I don't think so. As a shareholder, I am of the opinion Nasrat is doing everything he can to obtain SequestOx approval.
the good companies do not have to because they have been truthful in the past