I believe it is 10%

It really is a unicorn. 99.9% of OTC are based on hope and maybe this or that. And possibilities. Elite is not really any of these. It really is a math question. Right now we are 100% backward looking. At some point we become forward looking.

Their financials are set for someone to buy the company with no overhang really

Elites financials are better then almost any pharma you will look at. It is kind of nuts. Their debt is basically their mortgage, and loans from the CEO to support growth/cash flow. Debt to asset was .2 which is also ridiculous. Anytime i look at a pharma, the amount of debt they have to service is almost always substantial.

Debt isn't always a bad thing. In fact many are quite fond if it when its promoting growth but lack of debt is even better while still promoting incredible growth.

The other nice piece is they ran such deficits as an R&D that they have in the neighborhood of $100m in tax write-offs to use.

Still cant explain why you are here? Anyway, unless people are going to stop using Adderall, Oxcontin, Vyvanse, Concerta, isradapine, naltrexone etc...MOST OF WHICH ARE IN SHORTAGE. The current PPS is low if it was just Adderall.

Company will do in excess of $100m this year.

This isnt hyping. This is simply manufacturing products with high barrier to entry and its $10B market. Not even too complicated for you.

ELTP is a math question.

So why are you here again?

Remember that whatever decisions that you have made in this life that brought you to this job, can end anytime. You can turn your life around. Do something positive with it. Make an impact somewhere. ELTP is a math question right now. There is no "if" or "maybe". Just a matter of how much, how soon, how many,

They make stuff. Stuff people use and need and is in shortage and is hard to make and despite the significant and growing revenues, its only the beginning.. Its not complicated.

Is this the path you really wanted?

Try fresh squeezed and adderall

Sounds like you need to cover. I'm gonna wait for the a few quarters of earnings and approvals, and launches. $20m this q, $30m the following and so on. Why are you here again? lol

Seriously, I am sure you had much higher hopes in life.

Curious. When you were assigned to this message board, do they tell you why?

It's your and the teams attempt to bring it down. That's your job. It's a crappy job. But fortunately, you have zero impact on anything real.

Ask the goats about your future. Surely they had higher hopes for you.

Think they got you on the night shift. Wouldn't you rather be sleeping in bed right now?

lol. So. You know we get that your job is to create anxiety so there can be an easier transfer of money from the impatient to the patient. But its still a shitty job. I dont even think about that case and I provided the background from it an Elite/Purdue's agreement to stay their case.

Liking your own posts? lol Seems desperate.

You guys don't really know why you are here...do you? It's become apparent that you are just working for someone. Sorry your job sucks.

Elite doesn't care about you. Sorry you don't matter. What you got for this Q report? $20m seems to be consensus. Or you think higher?

Why are you both here? lol

Why are you not allowed to say?

10 Billion in drugs in the pipeline. Most in shortage. It is a math question at this point. you are boring

You said no movement until Nasdaq. That was at .04. So you are only off like 500% so far. lol

Your job sucks

Still cant tell anyone why you are here? lol

You're a real levee

your job sucks

Company is completely undervalued just based on Adderall. Add in the numerous drugs pending different stages and that's $10 Billion that we know about. Do you think people are going to stop using Adderall or there's miraculously going to be an end to the shortage. $14m last Q. $15-20+m this quarter coming up.

Numerous drugs pending approval, trial results and filing.

Keep it simple. They make stuff. A lot of stuff. Stuff that is in high demand and in high shortage. So much stuff they have to double manufacturing and buy another facility just for packing and storage.

your job sucks

It's interesting to talk about this stuff. Better then the usual nonsense. It's like I wrote yesterday. There's so many things, big things ongoing that the day to day and nonsense here is an effort to create anxiety. The thespian king's main job.

Heck just the continued growth of current products. We have 10% of Adderall IR. Maybe it's 15-20% now if we can get the API.

Naltrexone is in shortage now?

We did $14m off just these products and that's growing. Went from 10-14. Now 17? 20? We will see.

Now Prasco.....

What will the run rate be in one year? If new products come that are pending? 40-50m a q is on the low end.

If we were evaluated like a big board stock, we would have a very high PE because there's no debt to hold us down and forward looking revenues and products are many orders of magnitude from where we are. Which is already excellent

Interesting. Was looking forward that info.. Thanks James

It makes sense. Purdue cuts costs for a now competitive market. Elite gets protections.

I also think Purdue could easily buy Elite, go public. Who is to say they don't already own a few hundred million shares amongst their family.

Yes I know they would have had to declare if they went over 10% as a whole but that's only if their intent was as a focused group. It's a family. So everyone could own 5 million shares and it would have cost them nothing

So much value in ELTP across the board. And they have nothing holding them down, like debt , costs etc....

The other question regarding API is do we get Prasco's previous allotment which must have been substantial or do you start from scratch. no idea on that one.

I would suspect that whatever Prasco's Allotment was before, that is what Elite made for them. Its in shortage so they will move it fast.

Here is the thing and why I think that if you go through the different scenarios and risks, we may end up with Purdue as a partner. I don't like it but it makes a lot of sense.

Once Purdue is granted their bankruptcy (with supreme court) and their class action suits. They can no longer be sued.

So if we end up as a contract manufacturer and maybe even authorized generic, we may be able to slide under their protections. It's a win win if there is an angle there. They will also recognize that generics are going to steal their business anyway so their costs and margins are at risk anyway. Just my .02

While I agree with your sentiment, it shipped December 12. It will be in the q report

It's not clear at this point. I suspect not based on the legal proceedings and current case against accord/Intas but I am not sure.

What were their quarterly revenues back then?

How many drugs in the pipeline with a very high chance of approval?

Says the girl that shorts penny stocks

ELTP is a math question. What is a company worth that will do $100m this year?

Has about $10 billion dollar market in drugs that we know about in the future. Not counting what we don't know about.

Numerous drugs pending approval, trials and submission. Now....

Very low debt. Very high assets in comparison.

The drugs all sell themselves and are the most popular drugs on the planet.

That's the question you have to ask yourself.

Because I don't like people that spend all their time trying to manipulate others for their own greed, ego and self interest. Its not complicated. I am sure you have been cooked in the pan so slowly that your sense of morality and ethics have convinced you that you are superior and in the right. But the opposite is true.

Curious, if people sold their shares because of the constant nonsense here. Which is why half this board is here. Would it bother you? That you have conned someone?

Why are you here and why do you need people to sell? Simple questions

You know what's funny about the script below? I forget about so many different drugs and things going on with the company. I used to know the patents, the old agreements, back to the Eli drugs. Small struggling company with one product (Lodrane... remember that one?), then no products, then one product again, then sequestox, and now? About to do around a $20m quarter and it's a fraction of what's up next.

And then their is their continued growth of current products. Absent of the many things going on, that's what we would be talking about.

When you assume the worst possible scenarios, you still come out on top many times over.

They make

And the academy award goes to?

Do you own a mirror?

It was complete manipulation that had the stock held down. they make fucking Adderall as I like to say. Basically they make Legal Meth. Their tax loss was worth more then the cap.

Now the pipeline is 10 billion and it's the most in demand well known drugs on earth and their revenue and earnings are making very significant gains every quarter. Should be 100m+ this calendar year and that might be conservative.

Why are you here again.

This board is theatre. Always has been. Know what you own

I have told you why I am here for a long long time. I have nothing to hide. I love the company, the opportunity, the financials, the CEO, the business model, the products and product mix, the market cap versus current and future projectable revenues. Low low debt. Debt to asset at a ridiculous.20

Their capabilities around time release opioid and CNS drugs. The future of which is only going up substantially.

They have a license to print money.

It seems awfully obvious you are trying to maintain some sort of plausible deniability around this.

Also seems you fear some sort of liability around answering a simple yes or no.

Do YOU short penny stocks? Yes or no

To quote the great Vince Neal. "Don't go away mad"