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Eight cent will look like Ten cent when SXOOF was trading at Twelve cent !!!!!!!!!!!
LoL LoL,
IB_
“ The Company had no source of operating revenues “ !!!
Ok, if that’s good news, Congratulations,
IB_
Is this BS supposed to convince Elites shareholders that we don’t need a new Board of Directors ………
Look at the chart over the past 8 years and it will show the value all of this “Defend the CEO BS” has brought shareholders !!!
40m in revenues bothering you? HAS BROUGHT SHAREHOLDERS 4 CENT PER SHARE
Launching of marketing and sales in all 50 states? HAS BROUGHT SHAREHOLDERS 4 CENT PER SHARE
Don't think people will buy Adderall? THEY BEEN BUYING ADDERALL FOR YEARS AS THE PRICE FELL
All the other drugs? HAS BROUGHT SHAREHOLDERS 4 CENT PER SHARE
Trials underway bother you? NO BECAUSE IT IS LIKELY TO BRING SHAREHOLDERS 4.2 CENTS PER SHARE !!!!
How much does the little CEO pay for defending him ????
IB_
There he is ........ NasRat's Defender !!!!!!!!!!!! Don't want the 3 elderly board members replaced with someone that might care about the common shareholder, HuH !!!!!!!!!!!
Cheeseburger CEO Defender ...............................................
IB_
You're Welcome !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey Thanks A Lot aLmA,
IB_
The CEO needs some defending … he sure wouldn’t want shareholders to stand up for themselves and say after 10 years of your BS broken word, we are going to elect and new board of directors and the three new directors we’re going to force you the CEO to act in the best interest of all shareholders not just in the best interest of yourself !!
How much does a defender of NasRat ????
IB_
How is this helping the SXOOF investor ??????
IB_
Plenty of people read the 10K & the 10Q's as well as listen to and read the conference call transcripts, yet they do not want to pay $0.05 or more for a share in this company .... Is it the company that they do not like, or is it the man running the company that they don't trust ??????????????????
IB_
Elite is an investment for some and a way to hopefully get some attention for others !!!!!!!
IB_
I agree that the MM's are controlling the share price, but why are they keeping it depressed and who does it benefit ????????????????????????
IB_
Why are you worshipping the little lawyer when he does NOTHING and has done NOTHING that has been of benefit to you for many years ????????????? Would you like to see NasRat and three new board members at Elite ???????????????? Oh NO, the little lawyer doesn't want that, HuH
IB_
I have been posting since before The Lawyer took complete control of Elite and my post were much more hopeful at the end of 2013 and going into 2014, but since the spike in share price fell off, it has been one disappointment after the other and now we are clinging to $0.04 per share ............. I know you are here to defend the little lawyer that has taken over Elite but you are WRONG in doing so and I think you know it, but it is what you are here to do because I think we all know that the little lawyer does not want 3 new board members that may look out for other shareholder's best interest !!!!!
NOTICE I NEVER CLICK BEARISH, NEVER HAVE,
IB_
This is an ignorant accusation ........ Who would have held this short after all these years ???? A short would have covered at $0.03 years ago and moved on .... This has been dead money for everyone, for years, BUT the shorts were the ones who could cover and go elsewhere with their profit !!!!!!!!!!!!!!!!!!!!!!!!
I was not "sent here" but when someone defends the actions of a CEO that has cost people paper loses and years of no shareholder value, then that sounds like someone who was "sent here" !!!!!!!!!!!!!!!
How about shareholders replace 3 of the Board members ..... Hummmmm .... Oh no, NasRat wouldn't want that UNLESS he could hand pick them, right ??????????
IB_
I'll tell you one damn thing, there are plenty of NasRat defenders who wish they had listened to Eatman's advice years ago !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
That's a FACT,
IB_
I have been around a long time too, “too long” and I think “probably not thrilled” is being too kind … I would even guess that you are much more disappointed in the CEO’s attention to creating shareholder value than not thrilled???
I agree 100% that a share repurchase program would be the best way to increase shareholder value the fastest….
He is growing the company but the value of the company is not following, he is gaining in his share count…. How many shares does he control ??? I believe if he can control 90% he can take the company… Then I believe he would start running with the high value drugs and yes, sell the company but you and I will not be around for that because we will have been squeezed/bought out !! Look, I hope I’m soooo wrong but it seems clear to me that he is out for himself and we ALL are a nuisance to him !!!
IB_
May it be the rosy outcome that you predict actually be "THE FUD" ?????? I mean is has been for many years now ............................
You were bullish on the stock in the $0.30's ...... FUD ?????????????
IB_
I expect he is soaking up all the shares he can until he and those that are with him controls 90% of the shares, then he can exercise a squeeze out and pretty much give us what he wants to for our 10% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I do not expect to see any major "Proven" fundamental improvements before the reverse split ...... And he may not do a reverse split, he may just pay us under the current share structure ................
You have been here around the same amount of time I have, how happy are you with the CEO ???????????? Would you agree that he is doing pretty well for himself while we hold less value than we did years ago ?????????????
IB_
I agree because I am not here on the behalf of the CEO to quash any shareholder activism !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I believe he needs just a little more time to make Elite his own,
IB_
An investor who has seen their investment in Elite do nothing but lose over the past 9 years while the CEO prospers and uses the relationship with Elite to also prosper through his unethical private pharma company, is delusional !!!!!!!!!!!!!
Making silly innuendos about Elites CEO to try and distract other investors is highly suspicious .................... It makes me wonder if the CEO is behind such distraction !!!!!
I would bet the CEO does not want any shareholder activism !!!!!!!!!!!!!!!!!!!!!!!!!
IB_
When he reverse splits the shares and the stock price falls back below a dollar and he forces a squeeze out and gets our shares for A LOT LESS , will he still be a great CEO ???????????????
IB_
Yes, NasRat is The King of losing shareholder's money !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NasRat is the only one prospering from his relationship with Elite .....The share price has been near historic lows for YEARS,
IB_
"Sorry you have absolutely no credibility" !!!!!!!!!!!!!!!!!
IB_
If the OxyContin ANDA is approved (which I'm sure it will not be) who will NasRat sell the ANDA to ????????????????????? Mikah ????????????????????
IB_
The TRUTH allowed to be told !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
100% AGREE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
It all depends on if the CEO wants the share price to rise or fall ................ When the CEO owns the acquiring company, I doubt he will help move the share price north before the takeover ??????????
IB_
I remember all the NasRat defense when the stock traded in the $0.90's while falling to the $0.80's while falling to the $0.70's while falling to the $0.60's the $0.50's the $0.40's the $0.30's the $0.20's the Teens the single digits and the defense continues as the stock has traded in the $0.03's for years .......................................
Why defend someone with his track record ???????????????????? He has DONE NOTHING BUT COST SHAREHOLDERS VALUE FOR MANY YEARS,
IB_
Why buy it now when after the reverse split and a massive pullback, he can buy it much cheaper ???????????????????????????????
Right now he is just soaking up free shares while diluting the shares at the same time,
IB_
There are 2 outcomes: Nasdaq AND buyout.
My prediction is: NasRat will reverse split the stock which will send it to the Nasdaq and reduce the number of shares that will need to be bought out by hundreds of millions .............. The share price will then fall which will be equivalent to a $0.01 or less share price now ............ Then Mikah will step in for "The Buyout" that so many shareholders are calling for ................. One shareholder will prosper from all these years of growth at Elite,
IB_
Really ??????? When can we trust what NasRat says ???????????????
Can we trust what he says on the calls ??????????????????????
Can we trust that Mikah is winding down operations years ago ???????????
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172253366;
What difference does it make when "NasRat says" ?????????????
Hey Thanks A Lot aLmA,
IB_
Someone must initiate that lawsuit and I think NasRat is betting that it will not happen !!!!!!!!!!!!!!!!!!!!
I believe without a shadow of a doubt that the CEO is the reason the share price is near historic lows,
IB_
That is The Future of Elite if something is not done soon !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I never expect an honest answer from NasRat ....................................
I don't believe a day'um thing he says on the "CC" and since this "Not lying in the SEC filings for 4 straight years PRETENDING Mikah was gone." I don't believe much of what is in the SEC filings !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It is plain to see what is going on here .........................
Hey Thanks A Lot aLmA,
IB_
I've not said remove NasRat as the CEO .... I am calling for a new Board of Directors to oversee him and not allow him to do anything and everything for his benefit alone !!!!
As far as "inspiring confidence", I'm not one to try and mislead people into buying this stock when I do not believe it will end well for investors if something is not done to stop Mikah !!!!!!!!!!!!!!!!!!!!!
IB_
NasRat is "The Board", those other 3 are basically non-existent !!!!!!!!!!!!!!!!!!!!!!!!!
Why continue to support a CEO who has done nothing for shareholders ??????????
Well he has done something, he has lead the company to within a penny of all time lows,
IB_
NasRat/Mikah is NOT going to pay anywhere near $0.50 per share at "The Buyout" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Shareholders will be LUCKY if he pays $0.10 per share which I believe he has no intention of doing ........................................
There is a reason above & beyond what we are being told, that CFO's move through Elite like a revolving door ........... Are they are being told to do something that they refuse to do ?????????????
Good Grief, how could any shareholder of 5 years or more trust this CEO ????????
Hey Thanks A Lot aLmA,
IB_
That is true, and sadly that euphemism applies to so many these days !!!!!!!!!
NasRat is hurting every shareholder except himself with his dilution .... I believe $500,000.00 per year is more than enough of a salary for the job he is doing, but I also believe that Elite could afford to pay him his $1,000,000.00 per year in cash ..........
Just something to ponder .... If Elite takes the $3,000,000.00 loan from NasRat, they will pay either $270,000.00 or $300,000.00 per year in interest alone ..... If Elite could pay NasRat $300,000.00 per year in interest, I believe they could pay him the $1,000,000.00 "that he doesn't deserve" in cash..........
IB_
How do we know when to believe NasRat and when not to believe NasRat ???????????
I tend to believe this is a TRUTHFUL post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172253366
Does NasRat have a forked tongue ????????????????????
Good Grief, we never know what is true when he speaks,
Hey Thanks A Lot aLmA,
IB_
They did not want a million shares .......... It was placed by the MM "NITE" and now it's gone ............... They also had shares for sell in the $0.04's ... The bid was placed in hopes of getting some buyers excited enough to push the share price up to "NITE's" sell price !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It was a FAKE bid,
IB_
Exciting !!!!!!!!!!!!!!!!!!!!!!!!!!!!
LoL LoL,
IB_