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The FDA doesn't delay decisions unless they receive new material or something changes with the application process. There isn't a hint of any new material or changes in the application process.
My July 13th is missing
see here
But Naz make it clear that he is in discussions/negotiations with Pura. He also made it clear that he has talked a lot to their VP of branded sales. that makes Pura very relevant to Elite.
this is what Nasrat said about your question:
The current company valuation is irrelevant. There is no way Nasrat sells for less than 4b and probably not for less than 5B. He can easily get 2B. Everyone on this board knows that. I'm sure there will be protests though.
I don't know if it's PuraCap or some other BP, but the more I think about it, the more I'm confident in what's going on. I think somebody has offered about 50-60% of what Nasrat wants for a buyout, and today he was posturing. I suspect he was offered 2.5 to 3B and he wants 5 to 5.5B. It was a very bizarre CC.
Maybe the CC was delayed so Nasrat could figure out how he wanted to approach this posturing. Nasrat really said a lot today, and no one on this planet could have guessed a lot of what he said.
Sounds like Nasrat and Pura are talking to a firm or firms who can help with the marketing and distribution. You also are skipping the part that the Epic team has experience in the US. Those people didn't just up and disappear into the wind.
Nothing has changed; therefore, it can't be "overwhelmingly negative". There's no damage control bc there's no damage. Negative people will see the cc overwhelmingly negative; positive people will see it positively, and the rest of us will stay calm and stay the course.
"Working on a deal with new owners of Epic" was the biggest thing for me
He called those companies "consulting firm"s I believe. He said they had staff and could add more.
That part of the conversation sort of sounded like a public nudge to PuraCap in negotiating.
Is there another CEO who takes questions from shareholders, presumably from email or a message board? That speaks wonders for Nasrat and Dianne, who many like to slam. Those were some excellent questions offered and chosen to answer.
I "learnt" that you said "Goodbye".
I was told something was up. I'm waiting for someone to come back and tell me what that something was.
Like I said, you have no proof. Nasrat can't backtrack on something he's never tracked.
Show me, don't tell me
I'm pretty sure it's an approved drug though. Am I wrong?
What do you call Afrezza?
I hope buyers of ELTP stock are 100x over exuberant for Elite than what fundamentals call for. I care about making money; I don't care what the medicine can do for mankind otherwise. I know that sounds superficial and horrible, but I have little concern for people who ruin their lives because they abuse medicine.
You might be correct if the stock market were rational, but most of us know the market is irrational.
Don't get too negative
How many times are you going to spew your garbage such as "ladies and gentlemen, prepare for descent; it's going to be a bad night. we could go to negative 80 cents"?
Did your spamming video from yesterday predict we'd be down 4 cents at end of today?
There would have to be a reason to reject SequestOx. What could that reason possibly be?
ELTP Contest- If you want to add, copy all and add your prediction to the bottom.
1. Steve9465- July 5th
2. Nasdaq2020- June 29th
3. YJ4LIFE- July 1st
4. Shark- 6-8 June
5. Dubster- June 28 (July 1 but taken)
6. Gman24- June 14th... Flag day.. God bless America
7. Mrwrn2010- June 30th
8. Thorfin- July 10th
9. crush1128-July 11th
10. Stockboy -June 21st
10.5 padin july 12th
11. rollin2nyte - June 9th, FDA damage control after the June 7/8 ADCOM meetings rule against Pfizer/Teva (wishful thinking)
12. Catty- July 17th My Birthday !
13. Mochajet - July 12th (My birthday, July 11th, was already taken)
14. Rebel-July 6th
15. John_Langston- Juvember 33rd
16. Snupoled- June 29th, oops did not see this list
snup dawg June 22 11 am est.
17. Hondobud- JUNE 13! Right in front of the Q :)
18. Heidibrown- July 14th (me, Pete ose and Hank Verde's birthdays)
19. fivebronn - juli 06 th
20. Chasing - July 13th
I appreciate all the solid DD you offer, but that date is actually set by the FDA.
Has anything really changed with warrants? Are there new warrants or just the one we already knew about?
Can you show us a post where someone claimed
And what this further means is that once again Nasrat kept his word. He said he would hit the circuit after applying for approval of the drug.
If your theory were correct, there would be no such thing as value investing. ELTP is simply under the radar bc it's a penny stock.
Yeah, for two reasons. Pain medication is worth more than breadcrumbs, and they didn't buy Epic for their generic drugs.
We would only be entitled to and need an update if something changed. Why would we need an update if nothing has changed? Even if something changed, Nasrat is the best person to handle it.
The LOVE of money is A root of all kinds of evil, not the money itself.