Picked up a few this am, thanks to whomever sold.

GLTA longs

Can't deny the facts.
Nice post.

GLTU

Now we have Nasrat, who has pushed Elites ART toward market at a break neck pace.
Check out the 8-k's.
Still on track to launch in less than 10 months.

"connect the dots"

There already are lot of does to be connected, but I think within the nest 2 months those outside of ELTP will begin to know what we already know. When that happens we will have the stock appreciate to a much more reasonable level.

GLTU
and Merry Christmas to all

Very solid post!!!!

Thanks

You mean no one, wow.

I really hope longs will do well. I feel bad for those holding now and really hope the company communicates and is moving forward. I don't have a position at this point.
I don't know if it had anything to do with it but once they changed IR firms, well look at the price.

GLTA Longs

Fundamentals will drive the price.
Glad you understand that the the CEO is not in control of the price. Very true.
I don't think he cared so much what the price would be 6 weeks after he bought, he is not trading. He will cash in when the company is sold, imo that will happen around the launch of the first ART, so around 10 months. I know many other longs think it will be a few months more.

GLTA Longs

You bought 800k below dime, nice buy.

What, why do you think he did it, did he buy shares to sell shares kind of like his own p and d, no wait he did not sell any.

Pick your days and you make it up or down, 117% ytd. lol
But my above statement also proves nothing, the fundamentals are steaming ahead, the stock price will catch up.

Ship is not sinking, the ship is steaming full speed ahead toward ART launch in 2015. Fundamentals improving Q over Q. So what sec filing would point to a sinking ship.

The ship has never been stronger and her guns loaded with a 2 bead triple patented break through tech that will dominate the pharma seas.
I hope you are on the correct ship, I hear the USS Embedda is having some engine trouble.


GLTA Longs

LOL really?

How does Nasrat profit owning 25% of the company if the share price goes down?
Do you think he is really stupid?
He just bought over 200lk dollars worth for his families IRA, looking for sub penny?
CEO and BOD both gave the company 1 mill in cash and took stock, why would they do that if they did not think they would make a nice return from the stock. I think they gave up 10% a year on a million dollars each, wonder why? Because its going to .02, Ya thats it.

LOL

GLTA Longs

As an investor, 117% a year is not a disaster, at least not in my book. lol

"Heard that about 2014 as well and well were at less than a quarter"

You know we averaged 117% over the last year, not to shabby imo.
But I understand why you are upset, as we know ELTP tech is still under the radar, imo it will be in the 600%-700% range in 2015, easy.

117% is way under preforming

GLTU

Nice post.

Big congrats,

Enjoy every minute.

What is an IND?
Indiana

Under what precedent do you make this projection?

Oh really, how long have you been following Elite?

The 8k's show movement toward marketization, the company has 2x its square footage, 2x its staff, added hi level executives, completed several BE studies, completed Hal studies, intiated more test's, raised funds, hired camargo and then the ceo goes out and buys 700k more shares on the open market. You can say you have heard it for the last ten years, but this kind of activity leads me to believe marketization is going to happen soon. BTW all top staff takes stock for salary, and have not sold.



Actions speak much louder than words, especially off a message board.

Long and Strong on Elite

I would love for them to go it alone, and Nasrat is preparing to do up to 4-5 ART products with the present facilities.

Yes time is money, and Elite is moving very quickly.

Nasrat is moving forward full steam with Elite's ART
I know he has mentioned a M&A partner I think by eoy. ( I think that was why in was in CA during the CC)
I would think he would wait to sign a contract with such a partner until he has filed an NDA.
I believe a lot of things will happen very quickly over the coming weeks (dryer being installed as we speak) as a eo summer launch is still the goal.

Man am I frustrated with the price, but each and every share I have is held with an iron grip. bought more at .22.

I agree,

But I also thought that we would have volume and interest at this point to over come much of this.
Pretty frustrating to see ELTP this manipulated at this stage of the game.

Long term I think ELTP is worth multiple dollars with or without a buy out, short term the smart traders/mm and shorters win.

GLTU

I find it interesting that ELTP is not paying the few dollars to get their PR's on ihub.
Every penny toward ART, and a move away from the OTC traders.

A pull back and from the recent run would be expected, correct?
Folks who bought in the teens for a short term pop, move on.
Hopefully a few were investors that will keep the low, higher than the last.

GLTA Longs

Still way way under the radar, volume vanished, just traders buying into a little run.
Makes no sense, fundamentals and future are outstanding.

GLTA Longs

Yes that part also stuck out to me ".We purchased and are preparing to install a commercial scale fluid bed process with a capacity of approximately 1,000 kilos a batch, versus our current maximum of 200 kilos per batch. With this capacity we should be able to achieve our target for ELI-200 and possibly the second product as well, depending on the market penetration."


Full steam ahead.
The RSI is very over sold, and although we could not really afford to buy more, well did it .anyway at 218 ish this am.


Expecting at least one drug launch in the next 3 weeks.
Hopeful we hear from the FDA also.

GLTU

Mine also, congrats to you.
20% below what the CEO just loaded up at.

Because it is horrible and they are hiding bad data and moving forward as fast as they can, and taking shares for salary, and buying shares on the open market.
Oh I see.

Ya think, ya I am sure they are meeting with the FDA, putting in new production equipment and hiring new staff,I bet that is why Nasrat bought more shares and is doing all of the above because of shaky results. Yup just maybe.

Ya a huge insider dump, no wait I have not seen the form 4's yet.
Maybe they are late on filing?

Maybe Nasrat didn't really buy at 200k worth at.30 and sold everything at .97 and is fooling the SEC.

Maybe the tech doesn't work and the BE studies were fabricated and they didn't have great results on the HAL studies, and everything they( Camrgo and Elite)brought to the FDA was all smoke and mirrors.

May embeda doesn't have stability problems and will have their drug in pharmacies by Wed.

Maybe they don't really have a building and aren't expanding space and leadership and Nasrat still works at his old job and didn't loan the company 1 million in an unsecured loan.

But then again, there is a little something called a fact.
Maybe I'll buy more!!!!!

I wonder why the below activity?

According to IR building was being modified at break neck pace to account for the size of the new
commercial scale fluid bed processor.

I wonder if Nasrat is expecting something to happen?
Na, just doing it for fun, got to keep the employee's busy. lol


DOUG PLASSCHE
"We purchased and are preparing to install a commercial scale fluid bed processor with the capacity of approximately a 1000 kilos a batch; versus our current maximum of 200 kilos per batch. With this capacity we should be able to achieve our target for ELI-200 and possibly the second product as well, depending on the market penetration. While we’re building this base out we are satisfying our need for continued growth and we’re basically doubling the useful space as well as all the support utilities and other warehouse ancillary spaces and vault space. So it’s a, it’s a pretty size able undertaking and should position us well to grow certainly through the first three or four products. The construction should be complete by Q2. We’re looking forward to the startup of the building sometime at the end of Q1 to be done by Q2. "

I have not heard of him either.
Anyone having any luck get accurate info out of ir?

Frustrated with the price action.
Over joyed with the progress Elite has made per 8-k's and CC.
Just a meter of time till many look back and say,wow I could have bought ELTP below .40.

May not post for a while, but am not selling and will buy when able.
I will leave the defense of Elite and its tech to many who are more knowledgeable than I.

GLTA Longs,
I believe we are very close to what we have all been waiting for.

We already have them, what we got was not preliminary, but top line results.
We did not get each persons blood level after each daily teat, what we got was the over view, the summary.

We will see no more, no do we need to.

LOL Very cheap , below what the CEO just paid.
I loaded up yesterday,

Its anyones guess
I would also love to know, I think because of the demand for a product like Elites it will be quick.(like a few( 2-3) weeks)
I will wait Impatiently,

GLTU

IND NDA question

From CC



That is the forward-looking statement, so I’ll share with you my experience. If you file a bad NDA, the FDA will give you a refusal [ph]. If the FDA asks you for certain things and you don’t do them because you disagree with them or you think they are scientifically, they are not justified the FDA will refuse your application. So the smartest thing to do is what you’ve been doing, you open what’s called IND and through the IND you communicate with them back and forth. You send them letters, this is what I’ve done, does the FDA agree? They’ll come back with yes or no, or we agree, but we want to do something else. And you adjust all of that to get to the point where you need to file the final NDA.

More info on timing

So we are waiting for the FDA and they promise expedite things to give us a clarity on what’s acceptable and what -- I shouldn’t say what’s not acceptable because everything has been acceptable to them. It’s the fact that they have never seen any product like ours before and they may ask us for some enhancements or couple of extra things and I can just say to you guys and update you guys on it before and once they make that decision that really will set things in motion but it just are facts [ph] that will happen one after the other.

From CC on timing

BTW my guess is a couple of weeks.

Okay. And you had mentioned there will be a news release to get more detail on Monday’s meeting do you have estimate when that would come out?

Nasrat Hakim - President and CEO
I can’t give you an exact date because I’m not on Elite time, I am on FDA time. As soon as the FDA notify us that what you are doing is acceptable to them or they need something else from us, sorry guys, till we have that clarity in writing I can’t do that.