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So I'm either a frustrated long holder of ELTP or I'm a wealthy short seller of ELTP ....
I would actually prefer the latter,
IB_
Come on aLmA, you know we wouldn't pay 18-20% .... The point is .... we are BEATING revenue numbers and they are just using the increase in revenue to fill their pockets .... Elite don't need those damn loans !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You know NasRat as well as I do,
Come on aLmA,
IB_
Yep ...the newest sucking $90,000.00 out of Elite and with revenues INCREASING, there is no reason for it ....it is not in the best interest of the company but it is in the best interest of The Board member,
Hey Thanks A Lot aLmA,
IB_
Take a guess how much I have made off of ELTP in the past 12+ years ???????????
Anyone who has been shorting ELTP for the past 10-12 years has made a killing !!!!!!!!
Oh, you didn't think of it that way HuH ...... You have been doing nothing but complimenting me on how smart I have been for 10 years .....................
LoL DA,
IB_
Possibly ........... But why in the hell, when Elite is bringing in ALL this money, do they need to borrow money at 9% & 10% from these self-serving Board of Directors ???????????????
Good Grief are we some stupid shareholders ..........
Hey Thanks A Lot aLmA,
IB_
I guess that useless board member decided he needed $90,000.00 next year ..............
WTF is going on here aLmA ????????????????????
IB_
LoL, SIRI has done that for years !!!!!!!!!!!!!!!!!!!!!!!!
I don't mind a surprise to the upside for Elite or any other stock ..... What is a double fisted bump is when management is bullish and then there is still an upside surprise,
IB_
I'm telling you, IT'S NOT THE BUSINESS, IT'S THE MANAGEMENT ......
Shareholders need to replace 3 of the board members with 3 that will act in OUR best interest and stop the CEO's self-serving ways !!!!!!!!!!!!!!!!!!!!!!!!!!!
I want this company and stock to prosper more than anyone here but the stock does not go up and it is obvious who is responsible,
IB_
Have you noticed that all those Defenders of NasRat sound like bashers on other stock boards ?????????????? They post nothing but BS because nothing ever increases the value of their investment ................... They post mostly non-sense and make up non-sense as to why the average shareholder never prospers here ...... There is nothing here to be bullish about ..... To the Defenders of NasRat, this is just a place to make up silly slogans and argue,
IB_
How long does this continue before we all stick together and call out the problem ????
I don't bash the company "notice I never check Bearish" and I only speak the truth about the stock ... that there are too many shares outstanding now, while NasRat continues to dilute it more to his benefit of course and the share price being near all time lows ...............
We all know the CEO is the problem, why can't every shareholder say it ??????????
And no, I did not forget and switch ID's, this is my only ID on Ihub,
IB_
I wish I was short this stock, I would proudly voice how I had sold NasRat Lovers shares much higher and covered much lower .......................................
IB_
Then my Big Red Letters are The Truth and your Big Green Letters are not ..............
Contradicting the Truth does not make it untrue, it makes the contradiction untrue and misleading ........................
Hey Thanks A Lot aLmA,
IB_
That year is just a reference point when you are talking about post ..... Go back to just about any time and then look at the share price and you will see that all of the NasRat Defenders advice has been WRONG for YEARS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You see the point,
IB_
No Dianne ....You have no credibility here !!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_ ;)
You are a DA and any true shareholder will agree to that in a PM !!!!!!!!!!!!!!!!!!!!
IB_ ;)
Because I labeled him The King !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
BUT The King has been known to post some BS ... Like "Elite does not need a new Board of Directors" ....... Of course they need a new BOD,
IB_
Promote the company Dianne and stop lying !!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I did not address the question to a DA, Blind, NasRat Defender .... I addressed it to another stockholder that is probably as frustrated and fed up with no shareholder value being created as I am ..............................................
IB_
"I’ve brought up in my CC Q’s that I think it’s time (past time) for a share buyback program, all salaries in cash and a more aggressive IR outreach. If we can afford to spend hundreds of millions on R&D over the years, we can afford to spend 500k-1M+ on a buyback, even one would change the general calculus/sentiment around here."
100% IN AGREEMENT,
IB_
I do not believe the stock will drop too much from here BUT I don't know when or IF it will ever make us any real money .................................
Go back to the first part of 2016 and read the bullish post that encouraged others to buy in the $0.40 & $0.30's ..... were they correct ?????????????????????????
I mean really, all of us would have been much better off if we would have followed Dr. Lows advice and not any of the pumpers ...... things have only gotten worse for us,
IB_
You and I have debated how I think this will play out in the end and I understand that we disagree ......... How do you see this playing out ???????????
IB_
You are wrong as usual… the share price continues to remain in the gutter while you hero NasRat prospers from Elite ……… DA
IB_
You have ZERO credibility !!!!!!!!!!!!!!!!!!!!! You are here to Defend NasRat and to cause distraction until Mikah executes the takeover ...............................
The stock is in the gutter and has been for years, in spite of your constant defense of NasRat ...............
IB_
My Buddy !!!!!!!!!!!!!!!!!!!!!!!!
IB_
Nope I don't get paid to bash a stock, but I sure got paid selling this loser short .....
LoL LoL,
IB_
Yeah Yeah Yeah and all of you lying NasRat Defenders are buying the hell out of the shares, that's why the stock is skyrocketing in price .............. You NasRat Defenders are all FOS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Yeah Yeah Yeah and all of you lying NasRat Defenders are buying the hell out of the shares, that's why the stock is skyrocketing in price .............. You NasRat Defenders are all FOS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Important History and history that should not be blindly ignored .... Plenty more between then and now ....................................
Great DD, provided by: The King of the DD,
Hey Thanks A Lot King,
IB_
The pay raise is not nearly as bothersome as the "Complete UNCHECKED Control of EVERYTHING" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What CEO does BS like this ????????????????? A CFO that sees improprieties can be a whistleblower, but hey a CFO that is the CEO that is the Chairman of the Board and President of the company .... UNCHECKED .... I believe in the end, he will smile and say, I love it when a plan comes together !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RED FLAG after RED FLAG ....... But hey, NasRat saved the company from bankruptcy .... The main question is, who did he save it for,
Hummm,
IB_
I believe this is something that needs to be looked into now ....... Had I known that when Jerry brought NasRat on as CEO that NasRat would continue to run his own private pharma company while acting as CEO of Elite, I would have sold every share of my ELTP holdings above $0.78 per share ...............................
Hell it looks to me like he can do any damn thing he wants to do UNCHECKED !!!!!!!!!!!!!
In my opinion, he runs Elite like a Dictator,
IB_
I did not suspect that for years ... But after he added soooo many share above and beyond what was rational and then the share price fell below a nickel and he gets around 14 million shares yearly, then I suspect he is up to something good for him but bad for us .... I'm not gonna sell for 3-5 cent ... I mean if He squeezes us out, hopefully he will pay more than a nickel ????????????
I would like to see him stopped,
IB_
It is constant and relatively slow but who should know that better than NasRat .... yet lets go back and think of all the unmet goals and timelines over the years even though he knows the FDA process .... 10 years and he has got you & I nowhere .... Are you in the red on your shares ?? Me too ...... What would Elites revenue be if NasRat had assisted Elite in acquiring the other 50% of Adderall, rather than taking it for himself through Mikah ???? Self-serving, would you agree ???? He could have loaned Elite the money and charged interest but I think we can all agree that owning 50% HIMSELF was a better deal than doing what was best for Elite and it's shareholders .... You might not want to admit it on this public forum but I believe in your heart & mind, you know the Little Lawyer is not looking out for us ...................
IB_
The Rat knows EXACTLY what he is doing ..... I'm sure your post was sarcasm and you agree, The Rat is not a dumb as* but he is out for himself and left unchecked, we will be left disappointed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey Thanks A Lot aLmA,
IB_
"The CEO has appx 300,000,000 shares and appx 79,000,000 warrants
The CEO also has a generous housing, auto, meal and other allowances
The CEO also has a $1,000,000 annual salary
Thats what the CEO has
Now lets talk about you
What you have is a 3 cent stock that you paid much, much higher for" !!!!!!!!!!!
It should not matter who post the TRUTH, as long as the post is the TRUTH and this post is THE TRUTH ,
IB_
So NasRat is Top Notch and we are at 3 cent per share for what, a few years now ?? because of legal/regulatory action ??????? It's up to the CEO to be successful in whatever field they are in .... It's like if he were the coach and owner of the worst NFL team ...... He would have been The Man had he got us to Dollarland years ago like he said he would BUT he did not and it's on him ...the 3 cent share price and the failure is on him ..............
IB_
I've not lied about a damn thing ..... All you do is Defend a CEO who has done nothing to create shareholder value for years & years ...he has actually decreased shareholder value ...... YOU ARE THE ONE WHO OMITS THE TRUTH ...................
NO SHAREHOLDER VALUE HAS BEEN CREATED BY ELITES CEO,
How do you like my contribution to the Ibox ??????? Should I add more,
IB_
He is charging Elite about 1% less than a bank but he is GETTING around 3% more on his money than a bank would pay him ..... 1% benefit for Elite, 3% benefit for NasRat ..... What is your benefit assuming you hold any shares ????????????????????
Uhhh NOTHING benefits the shareholder,
IB_
NasRat Defender, tell the board what price all those share were shorted/sold at ..... $0.90 ???, $0.80 ???? $0.50 ????? $0.35 ??????? what price were they shorted ????
If this stupid claim had any basis, shorts would have covered over the past several years below $0.05 and made a killing and moved on .... Nobody is claiming bankruptcy, so no one is trying to drive the price lower .... HELL IT'S PLENTY LOW NOW,
IB_
But it's higher than he could get at any back by over 3% ... The point that I was making was how NasRat benefits himself at every turn ......
We can all see what the company is doing and how well NasRat is doing ...I'm not "Omitting" nothing NasRat Defender !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Shareholders GET NOTHING ... That is the point and EVERYONE here sees it ....
IB_
What's pathetic is watching you crawl out of your hole to Defend a CEO who has done nothing for shareholders but enrich himself at our expense !!!!!!!!!!!!!!!!!!
IB_