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Wasn't the Patent date of 5-22 just an estimate based on how timely other patents were issued? Isn't it possible that it takes a little longer depending on the how fast they move at the USPTO?
I'd hate to see everyone geared up for an event to occur on such a specific date and then be let down. The patent is coming, but I don't think we should focus so heavily on the exact date of the announcement.
I believe that the patent is a material event because it can significantly affect the bottom line of the company. However, the definition of a material event is a gray area that can be used by the company to dictate when certain things become public. It is a matter of interpretation at this point.
The best part is that this keeps moving without a PR from Elite, or some crappy promo site pumping it up. This may really run once we get a patent PR or even a product launch PR. Also, with financials coming in June we should continue to see steady growth for awhile.
don't be sorry, I'm making a lot of money. ELTP is set for a huge breakout. don't think it will get to $20 anytime soon. I can understand now why you are so upset. my suggestion for you is to average down. Then you'll likely be able to break even sooner.
yes startup. Initially sold to people at high pps with no products under the guise of hopes and dreams. Then a spiral into failure. The difference is Treppel came along with a plan. I'm sorry that the CEO has caused such a disruption for you.
I'm not sure you are familiar with how start-up pharma companies generally work. If it was easy and something that happened quickly everyone would do it. Fact is most fail.Barriers to enter the marketplace are significant. Elite is proving to be the exception.
ELTP was dealt setback last year by the FDA with the loss of Lodrane. In the past 12 months they have done a terrific job with their pipeline. SR management has created a path to success that we are now benefiting from. Which is a FACT.
form t trade. just settling up transactions that happened during the day.
here is a thorough explanation
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49465673
An agressive last 10 minutes will get us over .16, which would be a great move for a Friday.
you are correct. I should probably have said perceived to be safer. Nobody knows for sure when a company may be crumbling from within. Just ask Bear Stearns.
http://www.rollingstone.com/politics/news/wall-streets-naked-swindle-20100405
it is huge because we are currently trading at .15 and it has the potential to gain 10x it's value very quickly if the right things happen. That is why penny stocks hold interest for speculators. You are never going to make that kind of money buying Pfizer or Abbott. You will get a much safer return, but that is the trade off. You need to be willing to accept the risks involved with OTC stocks to hit the big pay day and many people are risk adverse. Once Elite posts a history of profit along with continued product launches more people will be willing to invest.
Actually, I take it back. It was March 23, 2011 and I bought in for .06.
Don't much care if you do. I know the truth.
I'm going to go with the starting date of Feb 2011 when I first bought in for .059. I like the story that yields.
98,500 on the bid @ .144 and a trade goes off for .135????
I put in a bid before opening @ .1475 and it didn't fill for over an hour even though lots of trades went off for .147. Ultimately, when it did fill I got it for .146. So I saved a few dollars.
you are insinuating that because the document has an IR look and feel that it is not true. which is ridiculous. I'm sure that this is part of a larger slide deck they are using to find funding for phase three testing. I'm confident they aren't going to base the marketing of the foundation of their patent on lies
so you are saying that Elite is posting false information on their website? I'm sure you must have proof of the lies being posted on their site. Can you please post it ASAP?
Bead population is exact same
size, color weight and density
I am not aware of any stocks that go up every day. Could you please provide some examples as I'd really like to invest in them?
Fairly certain the money starts coming in after the patents and product launches. Not sure why you would expect Elite to be any different
looks that way. Hoping that what we saw was just a test to see how fast it moves. Perhaps people will try to load up some more and then give it a go at a good run...
Apparently you aren't comprehending what I've said. Although, here are your posts telling people that they will NOT be able to sell BRZL. Which is not true.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75002911
DTC chill restriction on BRZL In 2 weeks nobody will be able to sell it at all. TD Ameritrade and Fidelity let you only sell but it is going to change any day.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75004097
what you gonna do with your shares if you can't sell it???? I think that Etrade still let you buy BRZL but they are always late with restrictionhat happend to CAMS and now nobody can sell i
You cannot buy BRZL through Ameritrade, but there is not an issue with selling it. You are telling people that they will by stuck with BRZL because their broker won't let them sell. That is false.
TDA is only restricting buying of BRZL. Please stop misinforming people.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75017855
For those that have Ameritrade and are concerned about the DTC chill here is the response I just received directly from Ameritrade.
I asked
Quote:
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I own shares of BRZL which is under a DTC chill. I know that Ameritrade will no longer let me purchase more shares of BRZL. My question is whether or not there is a timeline for me to sell? Will Ameritrade be cancelling my ability to sell these shares at some time in the future?
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Ameritrade responded.
Quote:
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We will allow closing transactions on these securities like BRZL even though no opening transactions are allowed for an indefinite amount of time as long as the security is still trading.
The only thing that will prevent you from being able to close out one of these stocks under the DTC Chill would be if the stock were to become delisted and valueless and stop trading altogether; but, as long as it still have value, you can sell it to close out your position in BRZL or any other stocks you hold that are under the DTC Chill.
I hope this information has been helpful, but if you find you still have questions, simply reply to this message so we can get back to you with a quick response ¿
Best regards,
<name removed>
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
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FXPT is on it's way to .0001. the only thing keeping it at the current level is lack of interest.
I'll give JR a small pass on that. FXPT is a share printing machine, much like anything Lieberman is involved in. I'm sure that is why Renfro landed here. Where else can he find someone to take on his debt? We all know that FXPT'S creditors are in on it. How else can they let the millions of debt continually slide?
10 million block @ .0064. Ouch! Looks like Renfro is trying to get out of this with a little cash.
your definition of success is much different than mine.
"Jim moved on." On to what exactly? A company willing to take him in so the can sell shares to people hoping for big profits that are never going to happen? Renfro is a cancer, and BRZL is better off without him. An empty shell has more value than anything Renfro has to offer.
If you have any questions or concerns about your ability to trade BRZL don't take advice from someone on a message board. Just contact your broker. I simply sent an email and had a response within 5 minutes. Take the time to find out for sure what your broker will allow, don't trust an anonymous source on the internet.
For those that have Ameritrade and are concerned about the DTC chill here is the response I just received directly from Ameritrade.
I asked
I own shares of BRZL which is under a DTC chill. I know that Ameritrade will no longer let me purchase more shares of BRZL. My question is whether or not there is a timeline for me to sell? Will Ameritrade be cancelling my ability to sell these shares at some time in the future?
We will allow closing transactions on these securities like BRZL even though no opening transactions are allowed for an indefinite amount of time as long as the security is still trading.
The only thing that will prevent you from being able to close out one of these stocks under the DTC Chill would be if the stock were to become delisted and valueless and stop trading altogether; but, as long as it still have value, you can sell it to close out your position in BRZL or any other stocks you hold that are under the DTC Chill.
I hope this information has been helpful, but if you find you still have questions, simply reply to this message so we can get back to you with a quick response ¿
Best regards,
<name removed>
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
It has been under the DTC chill for months. Nothing is going to change.
It is a shame that BRZL can't attract a higher caliber "promoter". just think how the pps would move if they would take the time to put together a good story.
If they run it up this afternoon, maybe that will get some good MOMO through the weekend and set us up for a nice start for next week. Otherwise, I don't think this will last very long.
I think this post pretty much sums up what is going on here. Those of us that have been around understand what is most likely happening. Good luck to all, and trade wisely...
poorme,
the problem with the pps really has nothing to do with what Elite is currently doing. It is a result of trading behavior. It is difficult to break through this because I believe many are following the pattern that has occurred for a long time. I'll admit that I'm part of the problem. I sell off portions at high points because I'm confident it will drift lower on very low volume, which is what you see now. The lower it Drifts the more shares I can buy back. I'm accumulating until this thing really takes off and I believe it will, but it will take actual PRs from ELTP rather than a few people poking around patent websites. This will need to be followed with consecutive quarters of profit before the pattern will start to change. Past management dug a big hole, and it will take some time to climb out. I believe that those with patience will be big winners here.
As far as your dilution concerns I completely disagree and the trading pattern supports my theory. The new converted common shares for the most part didn't go to the public. They are held in large quantity by Epic and the other investors who held preferred shares. If dilution was a problem you would see a lot of churning of shares and much higher volume. We are experiencing the exact opposite. People are sitting on their shares creating the problem you see which is low liquidity. the big spreads between the bid and the ask make it easy to manipulate the pps. Low volume can swing this 20% in a matter of minutes. This would not be happening if all of those common shares had hit the public.
I hope you are right.
I've seen no documentation that renfro's shares were cancelled. They were simply returned to BRZL. The OS should still be 888 million with a float of 408 million
Clearly a lot of people that were stuck are lining up to get out, but who is it that wants to get in so bad???