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Who was it that was warning everyone right after Hindenburg came out with the TRUTH on PRED to GET OUT ????????????????????????
IB_
And in Oct. & Nov. when the share price continues to linger in single digits, will it be time for shareholders to come together and put a stop to this derelict Board of Directors ??????????????????????
IB_
I agree !!!!!!!!!!!!!!!!!!!
Elite's Board of Directors should be replaced with people who will oversee the CEO and not just give him free rein to do whatever he pleases ................
Hey Thanks A Lot King,
IB_
So, "the alleged greed of the major shareholder" is just one of many reasons for this, "the stock performance is a reflection of investor perception of the current and future prospects of the company" ??????????????? Elite and NasRat are at the opposite end of the spectrum from Tesla and Elon.So why even try and make that comparison ????????????? Dianne would do what NasRat says do, right ???????
BOTTOM LINE, IT IS NASRAT,
IB_
There is most always an underlying reason for actions or inactions..... Elite has a "PR" person, so why is there "little of no news other than the quarterly reports" ??????????? I think it is clearly obvious, NasRat has a reason for not promoting the company/stock .... Yet he ridiculously blames posters on a forum for Elite's low share price ....
Standing behind this CEO for almost 10 long years has got shareholders a 3 cent share price .......... NasRat also continues to dilute our shares and he is the beneficiary of those shares Not LPC ..........
IB_
Where is the SEC on this ??????????????????????????
Hey Thanks A Lot King,
IB_
But a buyback could possibly cause a rise in the share price, how would that benefit Mikah when taking Elite private ?????????????????
IB_
SXOOF is getting ready to shake rattle and roll and then crumble below a dime !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LoL LoL,
IB_
SXOOF, a nice bright RED Day !!!!!!!!!!!!!!!!!!!!!!!!!
Look at that amazing volume,
LoL LoL,
IB_
And if it doesn't, it's shareholders posting on Elite's stock chat forums fault !!!!!!!
What a Sociopathic IDIOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"The Rat: "The stock price will take care of itself."
What an IDIOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
Hey Thanks A Lot King,
IB_
No interest in NasRat's company ????????????????????????????
IB_
Elite has been a great short play, that's for sure !!!!!!!!!!!!!!!!!!!!!!!!
IB_
I agree, we need to get through this transition phase but even after and Elites revenues could support a buyback, I do not believe NasRat will implement one ..... We need a board that will do that ...... The board we have now is complacent at best in my opinion,
IB_
"But this is not a legitimate, morale or responsible company" !!!! I Agree
"His end game is Mikah buying this company for as cheaply as possible" !!!!! I Agree
The only way I can see to save Elite is to replace the Board of Directors with ones that will look out for our best interest,
IB_
They should announce a share repurchase plan, I agree ... but NOT a reverse split !!!!!!!!!!!!! During a share buyback, it's best NOT to have the share price "rocket" until as many shares as possible are retired ..... A share buyback would do wonders if it were to be implemented a few months prior to a major positive for the company,
IB_
The Market Makers is my guess and "IF" there is manipulation we must ask ourselves, "who is benefitting the most from a 3 cent share price" ??? ??? It used to be that the CEO had to dilute the shares to keep Elite from going under and the dilution was A LOT over the years .. Now we do not need to dilute any longer to keep Elite from going under but yet the CEO dilutes for his benefit !!!!!! Why does he continue to HURT the retail shareholder by diluting our shares while the share price is as low as it's ever been ???? He has other options, he could just pay himself $1 Million per year or take $500,000.00 per year as his salary and stop hurting the share price with HIS dilution !!!!!!!!!!!!!
IB_
My bet is, he is hoping for that dip to be a huge !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The share price can't get low enough for someone taking over the company,
IB_
We have seen what NasRat does for right at 10 years with a 3 cent share price !!!!!!!!!!!!!!!!!!
Why trust him ??????????????????
IB_
Still trading ....but hit the $0.02's like was called for many years ago and it hit the $0.02's AFTER the CEO said the $0.02's were BALONEY !!!!!!!!!!!!!!!!!!!
IB_
We need a "Squealer", a CFO that will tell all when he leaves !!!!!!!!!!!!!!!!!!!
I wonder if "The Lawyer" requires the CFOs to sign a confidentiality agreement ??????????????????????????
IB_
That is exciting ............ think it might get us to $0.035 ???????????
IB_
It will be just another week of trading in the $0.03's and quite possibly the $0.02's ......................
Such a sad investment ELTP has turned out to be,
IB_
I find these articles to be very amusing as the share price continues to fall !!!!!!!!!!
LoL LoL,
IB_
Well said !!!!!!!!!!! What are your thoughts on why NasRat continues to operate Mikah after claiming multiple times, years ago that it would be winding down and why did he authorize hundreds of millions of shares over and above what he needed to convert his shares to common ???????
IB_
What the hell is wrong with the CEO ?????????????????
Many years ago he talked about "Dollar Land" and going on "Nasdaq" he even gave us timelines ............ Why did he drop to a $0.20 share price, that's half the price of the lowest estimate of $0.40 ???????????????????
IB_
Just to make clear, not all of the Elite Shareholders that does not support the actions of the CEO, are "ELTP haters" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"PS: OF COURSE all the ELTP haters on this board won't mention the above."
IB_
Why does it matter what NasRat says on a CC, how would anyone know when he is speaking the truth or spewing BS ????????????????????????
I don't believe any of us knows NasRat's financial situation or even how many shares he now controls ....................................
"Nasrat on a LIVE CC: "Elite is worth AT LEAST 400% higher than we are today."
"Nasrat doesn't even have 10 PERCENT of this kind of money so it's pointless to even mention."
IB_
Oh, I hope I'm not right but what has the CEO done for us ???? The answer is a clear and undisputable NOTHING but cost us money and years of waiting while out investment flounders ..................
He makes $500,000.00 per year, He is the King of this little pharma business "power", his perks are very comfortable, would his private pharma company that was not supposed to be in business any longer, Mikah have had the opportunity to buy the 50% ownership of the Adderall if NasRat was not CEO of Elite ????? On top of the $500,000.00 per year, he gets around 14 Million shares, all for running a 3 cent per share public company with less than 50 employees !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It's not his fault the share price is 3 cent, it's posters on a message board !!! And we should continue to stand behind this type of leadership mentality ??????
IB_
Hopefully they did ..... I believe the bigger question is, what is going on that causes these CFO's to be dropping like flies ???????????????
Maybe they don't like what is being posted on these message boards, yeah that's probably why the share price is a 3 pennies and the CFO's quit so soon ...... Think we might here that in the next CC ??????????????
IB_
The CEO is a lawyer, I'd say he could argue a 20% premium would be fair ?????
Call it $0.04 per share ??? Who is going to argue and win ???????????
IB_
"Hammer Time", "Hammer Bottom", "Monster", "It's about to get Real", "The CEO has the LONGS steppin' and fetchin', like their investment was losing and their wallets were empty" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Just non-sense applied to a losing ELTP investment,
IB_
He has a lot to gain from a LOW share price while he takes on shares in preparation for a merger with Mikah/Takeover is very possible !!!!!!!!!
He is doing "0" to promote the stock even after all the big talk in the past that has lead to an all time low share price ........................................
He has even went so far as to blame posters on a message board for the low share price ... REALLY ....Think how immature that statement was ......... It's not the person in charge of creating shareholder value that is the problem, it's posters on a message board !!!!!!!!! SERIOUSLY ......
IB_
Hey, seems like Elite is also without a CFO ...............................
Things that make ya go Hummmmmmm !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NasRat is a lawyer,
IB_
At the present time, I disagree !!!!!!!!!!!!!!!!!!!!!!!
It doesn't matter though, I don't believe NasRat has any intentions of not "flying under the radar" on the OTC anytime soon ............... He can do what he pleases on the OTC without worrying about consequences,
IB_
Elite reverse splitting now would be a short sellers DREAM !!!!!!!!!!!!!!!!!!!
IB_
And that's not even scratching the surface of all the BS he has feed shareholders !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Do you know, I believe when he was brought in, it was expected that Elites ART would be FDA approved within "3" "three" years ..........................
The bottom line is, NasRat has profited from his relationship with Elite in many ways, most if not all are in the RED, no matter what BS may be claimed,
IB_
"Nasrat is definitely selling the company when the time is right."
"He admitted this in one of last year's conference calls."
NasRat has said A LOT over the last 10 long years that I believe we both have chalked up to 100% pure BS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I would believe The King of Elite DD 1000 to 1 over NasRat ..............
Hey Thanks A Lot King,
IB_
If I could trust the CEO, I would buy some here, but I do not trust him to do anything but look after his own best interest and his best interest is not always in the best interest of all shareholders !!!!!!!!!!!!!!!!!!!!
IB_
Day'Um Scrate !!!!!!!!!!!!!!!!!!!!! LoL LoL
There's another board waiting for some Langston guidance !!!!!!!! Come on over ..........
IB_
True !!!!!!!!!!!
Any particular price per share that would be irresistible ??????????????
(I won't be competing for the shares, so it's ok to tell me) :)
IB_