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Many have been the sad endings arrived at through a "flight to safety". RUN!. . . Oh wait!
"Not sure I see the professional connection..."
No "professional" connection there as it seems readily apparent that the speaker was perhaps being a bit more than somewhat facetious in parodying the odd, distorting manner typical of. . . um. . . you.
"Too Funny!". . . "Exactly".. . Ain't nothing "exact" about that occluded gibberish. the the the damn Elite price being indicative of the dismal realities of "The Nasrat Era".
"We have to kill it to save it! Off with his head! Off with his head!" -Continued (descent)
Three little words for NAZ. . .
"Time is money!"
NAZ should have been told this immediately upon the abject failure of Sequestox. Any possibility of Sequestox coming to market was negated due to Nasrat's own negligence in testing. He had to be well aware of flaws, yet he chose to try to get Sequestox to market on a "wing-and-a-prayer". As a CEO it can certainly be said that NAZ has shown a very poor conception of "time-value". He has not used time, and thus shareholder money wisely. Of course, one might re-contextualize this character flaw simply as "sloth". But, as a crook, it can be said that with Nasrat benefiting from so much shareholder investment being tied up for the foreseeable future, and sadly, probably irrevocably, my man NAZ obviously has his St. Thomas Law School mojo woikin' indeed!.
Not sure what the address you provided has to do with my man NAZ.
Did you make a typo? You posted "https://lifeacclaim". As pertains to our powerhouse Lebanese patriarch, you perhaps intended, "Https://livecam. . . ".
If the band could play on the Titanic, my man Naz and his crew can have a vacation get-away place in Florida courtesy of shareholders at this late hour. He very well may be planning his exit strategy already. It would prove a Herculean task just to get the company close to where it was before he became CEO. "The Street" values potential highly and NAZ appears covered in moss. It is much less work to simply let the company fall apart and blame it on any combination of things- such as those problematic things mentioned in the recent conference -call. Companies trading at $0.04 cents on the OTCBB disappear all the time. So do their CEO's. . . to the beach. . . and the golf-course. . . their extensive travels, etc., etc. Party on Naz! Can you feel it? It's just around the corner!
"Those are facts...of the irrefutable nature."
. . . " At .04 it's a solid buy."
Upon completion of his flying suit Nasrat proclaimed, "I used real Labanese chicken feathers. When I jump off the roof I may dip a little like a plane leaving an aircraft-carrier, but then I will soar up to meet with the beings in "Dollarland". I'll have everything good in no time. These are facts of the irrefutable nature."
If you liked it at $0.04, you"ll love it at $024!
"Share price is frustrating. . . " No, the forever malingering share price is "a crime". Nasrat might as well have said, "Doing what little we are doing takes time, and that's the FDA's fault. In the meantime we are waiting for the right time to do all the things we should have been doing for the last few years. One thing I can tell you is you would have done better investing in Pfizer like I did. Losers!"
Due to an apparent technical glitch I thought I was banned from this message board. I had to consider the possibility of such a thing being a blessing in disguise. Like many before me, and no doubt many to come, I have to leave from here and go make some money. A proliferation of bad advice exists here and undoubtedly it has, and will continue to, cost unwary investors considerable sums. Such is allowed to persist just as Nasrat and team are allowed to squander time and opportunity on a daily basis. Well, maybe some day such things won't be allowed. Easy enough to find "greener pastures".
"Of course, this being about Elite" No. Like virtually all your posts it is about you.
"The funny thing about insight is. . . "
Well, whoever it is that you are quoting is laughing all the way to the bank having no doubt at least made some "bank" with their "neither here nor there", "soft", "pseudo-science" gobble-de-gook.
I take it you implement such in your "teachings". Which begs the question, "How many of your unfortunate students have drank the kool-aid?. . . The most valuable insights one might be capable of rarely derive from education. And intuition is recognized as being more fully developed amongst the fairer gender. Thus it certainly can assume a place of prominence in any discussion addressing "egalitarianism". But, for our purposes here, let's assume egalitarianism is limited to absent-minded professorial types. Also, let's dismiss the teachings of the Buddha and for that matter most of Eastern Philosophy as pertains to insight and intuition and instead hope that in the future great ideas will spring forth from third-rate learning institutions with out of touch faculty.
"Quickly, a short recap and then off to educate...
. . . First, one matter that was explained and served to quell concerns
. . . The explanation of the lack of PR on the Dexcel agreement
. . . Clarity was given on the impact of the pandemic on Elite
. . . Speaking of the FDA, it is clear they have had a significant and negative impact on Elite.
. . . The PFE discussion made clear what was and is going on.
LOTS of "concerns" to "quell".
-All the hallmarks of a lackadaisical CEO and by extension a similar company culture. What is absent here is evidence of substantial "WORK".
-As you say, "quickly", even you must be impressed by how easy it is to spit out your trademark volumes of vacuous nonsense.
Perhaps you mean, "I do not know another CEO who is so" depressing.
-And that's just the "tip of the iceberg". He sounds like the captain of a leaky, stinking tub who much prefers to idle away on placid waters rather than do anything to create shareholder value.
Regarding upper level staff, dudes are "solid.". . .
. . . Regarding Lannett and clinical development- "worried".
Way to go NAZ!. . . Keepin' the dream. . . a dream!
The CEO cannot do an interview. The CEO cannot attend an investor conference. The CEO cannot write an article. The CEO cannot dare have a shareholder's blog. The CEO cannot get off his lazy ass.
-I get it- all this negativity - we had the best quarter ever,yet we do not need much to implode- Nasrat's talk of a new product, a partnership with a big name, move to Nasdaq, reverse-split, shady partner, increased, wasteful, "R&D". Nasrat may want to start a "tradition".
As has been the case since shortly after my man NAZ "got busy", it is the over a billion shares outstanding that will keep new investors away.
"My best,
N2K"
Alas, bragging about EPS of $0.0 can only get one so far. With NAZ mediocrity is the new excellence. Unfortunately, your best advice, if followed, could lead a naive investor to the poor-house.
-Thinking perhaps now he won't drown in the muck at the bottom of the hole he has dug for himself and his company, NAZ will undoubtedly provide "forward-looking statements" too numerous to count, all composed of the same dubious stuff as your strange commentary.
The numbers show a vastly needed improvement. How many comparable or better quarters might NAZ string together before he shows us what he is truly capable of? Where might the price be when he derails things again? The "uplist" to NASDAQ provides just such a chance to really bungle things. In the meantime, "Everybody loves a parade."
-Especially in River City.
Thanks. . . .
Quote:. . . If it is in fact true, why on Earth would he do such a thing?
"Because Elite's valuation at the time was $2.10"
While NAZ is down $188,341.00 on his 700K shares, it may very well
be that when he purchased them he chalked it up as "the cost of doing business". -It looks good for the CEO to buy shares. It is way too UN-NAZ at this point in time.
Hey don't knock the new "gig".. . . It's at the drug plant man!
"Nasrat bought ELTP on the open market in the .30's". . .
. . . Link?
. . . If it is in fact true, why on Earth would he do such a thing?
ND2020 is, "Toppin' off today.", and you've already "been loaded".. . . No doubt Nasrat and team are following suit in the hope of finding some "liquid-courage" for the CC. "no2koolaid" had quoted, "It is the way.". Ahh! Go team Elite!
"Want to get away?". . . Visit NAZ in Sunny Florida!
"And I would be remiss if I did point out that I said Elite would be cash flow positive and then profitable."
As they say, "The devil is in the details!" . . .
You "no2koolaid" frequently expound upon "Reality" and a burgeoning variety of "realities". So, finding yourself faced with a perhaps disagreeable reality, or even a number of disagreeable realities, how do you arrive at a proximate working reality that affords all of the comforts one of your esteemed position deserves? Do you board a flight to a deserted beach, or do you rely simply upon "flights of fancy"?
"should". . . see, "The Nasrat Effect"
"Listening to Nasrat spew speak is hard without alcohol .............. "
-That's a slippery slope indeed. Undoubtedly more than one Elite shareholder has gone to an early grave seeking relief from alcohol.. . . Imagine the horror-story of some poor soul who said, "I simply sought to dull the pain, and in my stupor I bought more! I bought more!" . . .
It is ALWAYS "All good in Eliteland" because, There is the 'Nasrat-Way', and then the 'Right way'". -No upward movement in the stock-price because there's no upward movement in the management. In fact they've apparently moved to sunny Florida.. . . You're a beach-god NAZ!
Ugh!. . . Still at it.
When NAZ shows you how he can make even a stock trading under 4 cents tank just by opening his sluice-pipe, you can blame it on Pfizer.
Fugazi IR and EX. . . For Naz and similarly constituted business-persons who have refined their innate aversion to Truth into their "bread-and-butter" a conference-call presents an opportunity to insult shareholder's intelligence with a self-indulgent spewing of falsity. It is highly probable NAZ said something like, "Wow! That was as much fun as it was misleading!" after he spoke of the vast possibilities just over the horizon.
A "Can-Do" CEO like my man NAZ has repeatedly shown he can do the impossible.
"Birds of a feather. . . " Is Dexmark as good a partner as Elite?
If an actual decline in revenue is reported for the quarter, then "Yes".
" Stop with the past..., And please accept my temerity in attempting to inform the uninformed," (Insert actual cost-basis here.). . .
"Based on that reality". . .
MASSIVE VOLUME! HAMMERTIME! Here on Nasrat's Island!
It's rumored Thurston Howell III is a savvy ELTP investor!
". Again, I am all about business realities. . . . Could it be that PFE wants to buy the tech? Yes,. . . there are some points worth making, based on my view of Elite. . . the other two are real money making endeavors."
-All I can say is, "Wow!". . .And, "Thanks for the big red flag Mr. "I am all about business realities."
Perhaps shareholders only hope is that of my man NAZ mobilizing his inherent low-cunning and criminality in a manner to appease the rabble as it might be said no2 suggests when he says, " he can dance with the question and should know the language of inference through plausible deniability." Of course, being scummy isn't necessarily considered a crime in the sewer, especially a New Jersey sewer.
Sure. O.K. Conventions of measurement of performance metrics aside, I doubt anyone's assessment of my man NAZ as an A+ student should be considered valid up until report-card day.
. . . On unrelated matters, Seres Therapeutics (MCRB) got good news today.
Nasrat got you down?. . . Wait for it!
"Prior quarter", as in "previous quarter" as in Q1, Q2, Q3, Q4.
"Prior quarter" being "Q2" in this case.
I don't define "HELL" as you reference as, "Each quarter presenting
Nasrat Hakim with an opportunity to gyp shareholders and embarrass himself.", but, "As you will!"
Nasrat could do that. . .
. . . Attempt to make an abuse deterrent generic version of a drug whose molecular structure already makes it inherently abuse deterrent. Who knows?. . . With the wizardry he displayed with Sequestox he might end up with something that perhaps deters abuse.
-A completely unethical and pointless exercise. That's not to say it couldn't be done. After all this is the pharmaceutical industry in Northern New Jersey.