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Trying to pick up a few more shares, not that I really need anymore. lol
I really think this area, .30s will be considered like the shares many bought back at .07.
We will hear " I wish I would have bought more in the .30's".
"Trial data for $ELTP ELI-200 and ELI-202 will be given to the FDA along with the NDA submittals."
And that is what counts.
GLTU
ELTP
What would be the purpose in proceeding with more trials and human liability studies if they were not successful? NH is the largest shareholder and has the most to lose, why would he continue to spend money that could be spent elsewhere if trials failed?
If you were NH and you knew the trials had failed, what portion of your position would you have sold above 70 cents?
GLTA Longs
Looks like some one does care.
ELTP number 10 on most active forums on ihub.
Still waiting on .04s, and waiting.
I thought after looking at your chart you might not understand that green means up and red means down. I am green(up) around 300% ytd, and its not any where near over.
'All the chatter on this board (hardly any) is another sign ELTP is going to 0.05'
ELTP on every ihub buzz cloud. (24,12,6,3,1 hour)
http://investorshub.advfn.com/boards/tcloud2.aspx
Hardly any? lol
Yup and that is one of the many reasons longs are grabbing as many shares as they can.
IMO, in sept volume will at least double if not triple the average we have seen over the last 3 months.
Followers on ihub continues to rise.
GLTA Longs
" I like how in your chart on GREEN days the PPS goes down."
Maybe it is because shorts make money when the price goes down.
I agree with you and NH, Oct ,Nov and Dec will be spectacular.
I do think we have a very green Sept also, that is if you associate green with up days. lol
GLTU
Thanks for sharing your insight and knowledge.
It has been very helpful in deciphering fact from fiction.
GLTA Longs
I believe its going to get very exciting around here starting first week of September.
Last year I guessed 30 ish range by Christmas, I was not even close, I think the price was like a dime or so. But just a few weeks later it blew through what is now are 200mda, 30ish.
I think if all goes as NH has planned we will blow past the .97 yearly high.
What will we be in Dec, so much depends on traders and momentum. I do think we base after the next run at or above our current high for the year and then build up to art launch.
Dec 31 1.45
Very wise Investment advice.
Price .065 at time of below post.
richme Member Level Thursday, 04/04/13 11:43:08 AM
Re: NASDAQ2020 post# 50327
Post # of 122514
Don't think there is anything to hold one back from buying 400K or 1M; help yourself.
I am glad we both listened.
Re Article on ELTP
Only one line in the article on Elite's ART. IMO that is how the market is also treating Elite. As far as the market value, Elite's ART is an after thought.
But not for long!!
" impressive abuse-deterrent product line, which Elite’s chief financial officer, Carter Ward, said is “really spectacular”. "
"I don't always listen to others for investment advice, but when I do, it's usually the CEO: "
NH not only spoke it, he put his own money on the line and a lot of it. That is one of the main reasons I feel very confident in my investment choice. I, as many others on thus board have a very Lg % of my portfolio sitting right next to NH's.
GLTU
"The hype soup was so heavy including recommendations at stop loss orders that I held. Even at $.97 the hype soup was strong. Remember the infamous $1.00 by the end of the week, $2.00 by the end of the month?"
I own the choices I make.
Even if others encourage me one way or the other, it is my money and my choice.
No one else is responsible for my good decisions or bad.
GLTA Longs
Count me in, Glad he is at the helm.
Welcome to you and all new Elite owners.
No. but he owns more shares than any one on this board and was very pumped.
Do you think if you were him, would you continue to pursue with tests and funds some thing that does not work? I think when he bought 11 million shares on the open market with his funds, and takes stock instead of cash, loaned Elite 1 million in an unsecured loan for shares, not interest. Ya I think I think he might have pretty good idea how well Elites tech works. lol
Why would he be excited if the results were negative?
To pump sell his own shares? Nope did not sell them at .97 and has not sold one.
To pump to sell LPC shares, look at the facts, he said he would not be using those because the company has cash, well has he? NO, very very little before Novel.
He has been in contact with Camargo and all other entities regarding trials/tests, on a daily basis IMO, and knows the test results. He did not say he thought the next few months are going to be great so he could sell shares. He won't, he knows what he has, and is driven to get Elites art to market.
GLTA Longs
ELTP
"Blame manipulation if one will."
Or maybe we are just in the" show me" state mentality, one thing for sure. the one who knows the most is all in and has not sold any.
WHat do think about Elite filing for an NDA in a few months?
Why do you think Elite is expanding their facilities?
NH seemed very confident about all the trials going on, the results will all be in late Sept for a meeting with the FDA, Are you waiting for all the results to be presented to the FDA to buy?
"Great CC- love the confidence in Nasrat's voice. He knows Elite will be launching its first ART product and when. The man is a seasoned PRO $$$$$$ "
I will also sleep well tonight. Elites time to shine is coming.
GLTU
These days are not nearly as frustrating as the 2 years the company traded around a dime.
The company would make progress and the stock would not show the same progress. There were times I wondered if I was missing something, I continues to dig,facts are hard to ignore so I held and bought more.
Todays reaction on semi light volume to the CC is not surprising. This exchange is highly manipulated. Fundamentals on this company are huge, the CC was a confirmation that we are on track to file an NDA in just a few short months! Wow Elite has come so far!
Buy and Hold
GLTA Longs
I remember suggesting to you to average down below a dime last summer, and you did.
I now suggest you continue to buy in here, your name changed from poorme to richme and if you buy more now it will be reallyrichme.
Price was .06 at time of post, somethings never change.
richme Member Level Wednesday, 04/03/13 09:44:33 AM
Re: Dr_Thorfin post# 50173
Post # of 121635
Elite could stay this way or lower for a every long time or it could go bally up. It is not the strongest company as proved by its PPS and huge dilution factor represented in 365M shares and another 84M shares in dilutive pool. There is no pretext here, no wait and see, just a beeline or dive for all to see.
Thank you.
At what time is the CC Monday, I was unable to locate the pr with that info in it.
Thanks
Right on!
GLTU
"I could be wrong, but I think most people here are expecting more news than what is in the 10-Q."
We have several 8k/pr events that are due according to the companies schedule over the next weeks and all the way to Dec. But I agree with you, many people expect a huge news event every time we have a CC. What I was looking to hear at the CC was already stated in the Q. Still on track to file at least one NDA by eoy.
I will be interested to hear if Elite has changed plans as far as a partner, now that they not only have funding they will also have a much larger building.
Thanks for posting.
GLTU
"Nas it has plenty of time to go back down -180%'
Wow has math changed since I was in school.
I am surprised to see the market reaction. But this is the wild wild world of the otc's.
The Q looked great , progress on all fronts.
Fundamentals getting better by the day.
ELTP
GLTU
Hey Mocha J great work on the questions.
Thanks.
GLTA Longs
At what point or (how many drugs) with Elites current facilities, will they be forced to partner for production and distribution of their art/adt.
Had not thought of that.
Makes sense.
'based on the dilution'
Did you listen to last CC and what the largest shareholder and CEO had to say about using any of the LPC deal for financing?
It will you do you well.
GLTA Longs
I like the fact that the company keep me informed on the overall industry they are in. I would like more information on the company's progress specifically, but I know more about this company's industry and all than many of my stock holdings.
Keep 'em coming.
GMO or no? Should labels be required on food with genetically modified ingredients?
SYRACUSE, N.Y. -- Did that cereal you just spooned into your mouth contain corn that was tweaked in a lab to have bug-killing bacteria? Or was it made with soybeans that have had their DNA changed so the plant can be doused with pesticide?
In most cases, it's impossible to tell.
That right to know whether the food you eat contains GMOs -- genetically modified organisms -- is at the center of a multi-million dollar national fight between the food industry and consumer rights advocates.
Grocery trade groups and farmers who grow the crops say labels will only scare people needlessly and raise the price of food. Consumer advocates say everyone has the right to know whether they are eating something whose DNA was changed in a lab.
The scientific tweaks at the center of the debate are called genetic modifications. More than 400 million acres of genetically modified crops are grown in the world. The vast majority of corn, soy and cotton grown in the U.S. is genetically modified, or "GMO." Sugar, too, often comes from GMO beet plants.
The fight over the right to know whether food is GMO came to New York this year and experts on both sides says it's here to stay.
The food industry successfully fought off a GMO-labeling effort in New York earlier this year, dropping $3.7 million lobbying against a label that would tell consumers whether their food contained GMO-ingredients. The bill was introduced in the state Assembly and Senate, but died before it got to a vote either place.
The proposed law was one of 70 introduced in 30 states over the past two years calling for the labeling of GMO foods, according to Colin O'Neil, of the Center for Food Safety, which supports mandatory labeling.
Vermont has become the state to watch. It's the first state to pass a mandatory GMO labeling law that didn't require neighboring states to enact similar legislation.
A court will decide the law's fate. In June, trade groups representing grocers and food manufacturers filed a federal lawsuit claiming it was unconstitutional.
The state of Vermont is fundraising to fight back. Ben & Jerry's renamed its' fudge brownie flavor "Food Fight! Fudge Brownie" and $1 of each sale in Vermont is going to pay for the law's defense.
Wegmans, too, has spoken up about labeling. The grocery chain wants better federal guidelines for voluntary labeling.
Are we what we eat?
In the U.S., the Food and Drug Administration has to approve genetic modifications to food and seeds, but there is no requirement to label GMO products. Many of the modifications are tweaks to seeds that enable crops to withstand common pests. But some of the products that are currently in the pipeline sound like they are out of SciFi film: Salmon that grows twice as fast, apples that don't turn brown for 21 days after being sliced.
Right now, there are two options for people who are concerned about eating genetically modified foods. Food that has been certified organic cannot be genetically modified in any way. There is also a non-GMO label available through certification from a nonprofit called The Non-GMO Project. Roughly 20,000 products have gone through that certification process since 2007, according to the organization.
Consumers seek those labels out because they are concerned GMO-food might bear some hidden health risks, said O'Neil.
Dr. Walter C. Willett, a medical doctor who heads up the nutrition department at the Harvard School of Public Health, said that likely isn't the case. Most of the modifications approved for use in the U.S., like crops that can withstand the pesticide Roundup, are unlikely to hurt people, Willet said.
But Willett still supports labeling GMO foods. "I favor labeling GMO foods as a matter of transparency, and if there is really nothing wrong with these foods, manufacturers should support this," Willett said.
Consumer driven
Consumers are powering both sides of the debate. No one wants their apple to turn brown. Cheaper salmon would be great. At the same time, increasing numbers of shoppers are looking for organic food and food that is certified non-GMO, said Jane Andrews, manager of nutrition and product labeling for the Wegmans chain.
A 2012 national survey by the Just Label It Campaign, which supports mandatory labeling, found that 91 percent of the public supported mandatory labeling of GMO foods using a national standard.
Wegmans doesn't support this. But the chain recently came out in favor of a national standard for voluntary labeling of non-GMO foods.
"Concerned consumers are interested in finding the products that do not contain GMO ingredients," Andrews said.
Wegmans, which has stores in six states, opposed New York's law.
"If each state comes up with their own definition, it would be even more confusing for food companies as well as consumers," she said. Andrews pointed out that New York's proposal doesn't include dairy products where cows were given growth hormones or meat that had been fed GMO grains.
Contested costs
The ripples of a labeling law are unclear. A study by Cornell University professor William Lesser found that New York's proposed law would raise a family's grocery costs by an average of $500 a year and cost manufacturers and grocers millions. (Critics point out that his research was funded by the Council for Biotechnology Information, an industry organization for the companies that develop GMO technologies).
Steve Ammerman, a spokesman for the New York Farm Bureau, said mandatory labeling could force farmers to stop growing GMO crops. "That can drive agriculture back decades where farmers used more toxic pesticides and were at even greater mercy of Mother Nature," Ammerman said.
Ammerman said the Farm Bureau supports the current voluntary non-GMO labeling system that exists.
The Grocery Manufacturers Association, which represents 300 food retailers and manufacturers and is the major force behind the Vermont lawsuit, has cited public opinion in its arguments against mandatory labeling. It touted a recent survey by the Coalition for Safe Affordable Food, a group that opposes mandatory labeling, that found 63 percent of the people polled favored the FDA's position, which requires no labeling and allows voluntary labeling based on no specific FDA standards.
"GM crops are safe and have important benefits for people and our planet. They use less water and fewer pesticides, reduce crop prices by 15-30 percent and can help us feed a growing global population of seven billion people," the Grocery Manufacturers Association said in a statement about the Vermont lawsuit.
The trade group supports federal legislation that would require a label on GMO foods only if the FDA finds there is a health risk.
But O'Neil, of the Center for Food Safety, which supports mandatory federal labeling of GMO foods, said the current situation offers most consumers nothing but confusion. And it is creating a divide along class lines. People who want the assurance of knowing that their food has no GMO products in it can choose organic or non-GMO labeled products, which often cost more. And it's not a choice poorer families can afford to make, if they are concerned about GMO.
"We don't think it should matter where you shop or what foods you buy," O'Neil said. If there was a uniform federal standard, everyone would know what they were getting. "No matter where you shop - Piggly Wiggly, 7-Eleven, or Whole Foods, you can know."
Link with active embedded links at: LINK: http://www.syracuse.com/news/index.ssf/2014/08/gmo_or_no_should_food_require_labels_for_genetically_modified_ingredients.html
Agree!
As of late, Elite has gone down on heavier volume days and on the up days it has been lighter with more movement per share traded. imo
Looking forward to the next few weeks/months when the slow days will be 10 million volume.
"It wouldn't surprise me at all if lab results are ready by then."
NH has said he will sit down with the FDA in Oct, so I would think we will at least be very close at that time.
I also agree with your statement about the price and news, at this point I can't see it doing anything but going up.
GLTU
I will take a ROI like that any day. A tank up between 2 and 300% a year at .275.
You and I are both heavily invested below a dime.
GLTA Longs