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You do no service by referring to the increase in authorized shares as a "gazillion". I've seen you do this many many times now. Please stop with the hyperbole. It's a 300,000,000 increase to the Authorized shares. Not all of that will become part of the outstanding shares. Most likely a little more than half will immediately after vote. The rest we shall see. May never get used.
03/27/14 talking about Barbara Ellison
"As an industry veteran, we expect that her national and INTERNATIONAL expertise in quality management and regulatory affairs will richly support our company's compliance and quality goals. We welcome her to our team."
08/06/13
Mr. Treppel recalls that Elite previously tried to license the once-a-day formulation in the European market and had found a partner. “At that time, we didn’t have the financial wherewithal to pursue that opportunity. It’s fair to say that that opportunity may get looked at again because there are opportunities overseas, especially the European and Asian markets for opioids.”
And Canada too!
03/10/14
Elite announced the expansion of intellectual property protection surrounding the Company's abuse deterrent technology with the issuance of Canadian Patent Number 2,521,655 titled "Abuse-Resistant Oral Dosage Forms and Method of Use Thereof". This patent issuance expands the scope and reach of Elite's patent estate internationally. Elite has additional patents pending in the U.S., Canada and Europe.
Note that last line. Additional patents pending in EUROPE too!
Only get one post a day.
Pieces of the puzzle taken from an article by leonardzehr
08/06/2013
Mr. Treppel recalls that Elite previously tried to license the once-a-day formulation in the European market and had found a partner. “At that time, we didn’t have the financial wherewithal to pursue that opportunity. It’s fair to say that that opportunity may get looked at again because there are opportunities overseas, especially the European and Asian markets for opioids.”
03/30/14
I guess Canada now too!
Who did they just hire?
After the vote to increase the AS you think they'll have the financial wherewithal to pursue those opportunities?
My vote is yes.
Here's more from the same August 2013 article.
The goal of the clinical program would be to show that Elite’s formulation is bioequivalent to Purdue Pharma’s twice-daily OxyContin, which has annual sales approaching $3-billion. “This would be a pivotal point for the company because once you complete a successful bioequivalency study, you are well on your way to having a commercial product,”
03/30/14
Now I don't know if the ELI-200 bioequivalence study used Perdue's product as a comparison but I do know Elite had successful results.
And those successful results mean they are well on their way to having a commercial product. Very likely an international one at that!
I only get one post a day. Sorry I can't respond.
Anyone know when we should expect to hear the results of the crush, snort, inject test?
I only get one post a day now so thanks in advance.
Couldn't agree more. All about positioning for the near future. Heck of a chess player!
Great suggestion! It would be really awesome if someone on the message board with the skill set could put together a form letter and post it as a sticky so people can copy it and fill in the blanks and send it off. Probably could get a lot more people to actual send one in that way. Any volunteers out there?
Batman and Robin putting the pieces together! I hope everybody realizes what this means. Elite has moved into the left lane and is stepping on the gas pedal. I don't think the FDA is going to pull them over either cuz It's an emergency situation. Thanks guys. Great deduction. IMO you'll be proven right.
I own SLTD but haven't read the board for a couple weeks. Last time I was reading some people/person were concerned about the patent. Something about somebody else having a similar patent already. Sorry if this has been already resolved but can somebody fill me in?
Thank you.
Even Mojo knows next week is going to be big news.
Or maybe I'm middle aged and enjoy childish humor.
Or maybe I'm old and immature.
Holding super tight. I hear people regretting not selling their nuts for 97 cents. My Elite nuts are worth a heck of a lot more than a buck. People need to know what their holding.
I thought is was obvious but I guess not. The fundamentals of this company haven't changed, only the PPS. The potential was obvious to the CEO a long time ago. Should be obvious to anyone who takes the time to look too. Let your own DD determine whether you buy or sell.
Straight from the CEO's lips to your mind.
"Before I even joined the company, I've had the opportunity to have a close relationship with Elite. So I looked at some of the data and presentations that they have. Elite developed a once-a-day anti abuse, actually once-a-day oxy and made the (inaudible), put them on stability for three years and the data after three years was rock solid Using the same technology that we could actually go to the market with.
Furthermore they took that same once-a-day tablet and ran clinical trials on 19 people and they ran it against a competitor and our results were better at least according to my analysis and I am knowledgeable in this area, were better than the competitors and we presented all of that data to an expert that we had here yesterday to help us with the filing.
So when I see that it has been proven first in manufacturing on a large scale and second on stability over time of up to three years and third on a human trial, it is self-evident that the technology works."
A little reminder for new and old taken from last seeking alpha article.
"There are basically three key areas for Elite to overcome in order to reward their shareholders with massive returns on their investment.
1) "Will the product relieve pain and perform similarly, i.e. is it "bio-equivalent" to the branded product"?
YES!
2) "Will Naltrexone be sequestered"?
YES!
3) "Will it be considered to be abuse-deterrent to drug users compared to regular Oxycontin or even new Oxycontin which may have set the bar for approval"?
"Just based on the science of the product, answer three seems to be clear and this study re-enforces what management obviously believes as does Pfizer for that matter as they pursue their one bead product. The first two questions will be settled soon but since Elite is already a very capable drug manufacturer being led by incredibly experienced industry veterans who are personally invested, and trials are being managed by Camargo a leading expert in the field, the odds are very good."
What does one do when they see so much fear selling going on?
Hold on someone's at the door...
Excellent post tang! Elite is Pharma-tech.
Straight from the CEO's lips to your mind.
"Before I even joined the company, I've had the opportunity to have a close relationship with Elite. So I looked at some of the data and presentations that they have. Elite developed a once-a-day anti abuse, actually once-a-day oxy and made the (inaudible), put them on stability for three years and the data after three years was rock solid Using the same technology that we could actually go to the market with.
Furthermore they took that same once-a-day tablet and ran clinical trials on 19 people and they ran it against a competitor and our results were better at least according to my analysis and I am knowledgeable in this area, were better than the competitors and we presented all of that data to an expert that we had here yesterday to help us with the filing.
So when I see that it has been proven first in manufacturing on a large scale and second on stability over time of up to three years and third on a human trial, it is self-evident that the technology works."
A little reminder for new and old taken from last seeking alpha article.
"There are basically three key areas for Elite to overcome in order to reward their shareholders with massive returns on their investment.
1) "Will the product relieve pain and perform similarly, i.e. is it "bio-equivalent" to the branded product"?
YES!
2) "Will Naltrexone be sequestered"?
YES!
3) "Will it be considered to be abuse-deterrent to drug users compared to regular Oxycontin or even new Oxycontin which may have set the bar for approval"?
"Just based on the science of the product, answer three seems to be clear and this study re-enforces what management obviously believes as does Pfizer for that matter as they pursue their one bead product. The first two questions will be settled soon but since Elite is already a very capable drug manufacturer being led by incredibly experienced industry veterans who are personally invested, and trials are being managed by Camargo a leading expert in the field, the odds are very good."
More like Jimmy Flimsy accusations.
I know it's tough to see those short term paper losses but man oh man what an opportunity! I was kicking myself for missing A little dip earlier in the week to I think 0.73. Woke up a little late this morning or just in time to grab some 0.58's and 0.59's. I was still bleary eyed and slightly confused. Thought I was dreaming. So lucky.
Couch I don't have PM but want to thank you for sharing that story. Good stuff man!
Lasers and Couch thank you for putting the pieces together for all to see. Really appreciate what you guys do. Obviously others deserve thanks too but you two are like a one two info punch. Batman and Robin. DD superheroes. Don't have to help and still you guys do. Thank you.
Thank you for a well thought out answer. Very much appreciated.
35%
Agree 100%! A lot to be positive about. A lot to be thankful for.
Last CC + Latest PR = Partnership!
IMO
Thank you! That's a lot of shares. Does that concern any longs here?
Fools selling today like that was the only news expected. Anyone that takes the time and does their DD can see what is about to happen soon IMO. Take the time and reread Wednesday's PR. Which in it of itself was awesome news but within that PR the CEO tips his cards and you get a glimpse of the cards he's holding. Full house of ADT! IMO the new mantra should be Buy anything and everything below 2 dollars.
What's the OS?
Thanks.
Just rereading my old posts. Funny to read yourself. I like my Feb 18th prediction for a dollar by the end of march. Anyone predict earlier? For Shitz and giggles.
For the record when "she" says, "this is what I call tapping the power of cognition". She's not talking about me. You can check my Elite posts and see where I stand.
Pray for mojo
Just awesome!!! Still not sold on advance but I do trust your judgement. Going to take 2nd look. Thanks for all you do!
Love when that happens. Especially when you see it's the savvy ones:) all we need now is Dr. Low to make it official. Glta
Can the guys with a negative view of SING please provide the board with an intelligent reason why this is a bad investment. You guys seem to see something and i would really appreciate if you highlighted the details. Thanks.
You seem like the right person to answer my question. I wanna invest in Easton but I had read somewhere and I'm sorry I don't have a link that the company was suppose to double there outstanding shares in the next couple of months. Do you know if this is true? I know they don't have a ridiculous amount of shares out there like most of the MJ stocks so even if true may not matter but was looking for confirmation. Thank you for the help.
Sellers will be kicking themselves. March will be a game changer. Buy anything and everything under 2 dollars. Don't be that could have, should have person you sit next to in a bar. Some of the longs wished they bought more back when. Someday right now will become back when.
Of course this is just my opinion sprinkled with experience.
So I'll ask the board for the third time today. Does anyone know how SING makes money from golf logix? I've watched the videos. I've read the PR's. maybe I missed it. Just looking for some help. Keep getting ignored. Starting to think that nobody here knows. Thank you.
Can someone please answer my question from earlier. Those of you that use Golf Logix what do they sell that SING makes money from?
Thank you.