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I think so !!!!!!!!!!!!!!!! Elite can't even hold 3 pennies per share and the CEO benefits from that ....................................
Hey Thanks A Lot King,
IB_
Would Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, be interested in this ?????????????????????????
IB_
I expect ELTP to mimic MNMD after a reverse split and I also think that is the plan !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Elite is trading at $0.03, Three Day'Um Cent !!!!!!!!!!!!! 3 cent per share !!!!!!!!!!
The Nasdaq up listing can only happen with a massive reverse split "which I believe will happen" .... The share price will then tank leaving the pre-split share price equal to low sub penny prices, at which time NasRat/Mikah will take the company ..................................
It is time FOR ALL SHAREHOLDERS TO OPEN THEIR EYES and acknowledge what's going on here and what has been going on for years,
IB_
I believe that is the plan !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
The poison pill will not be renewed !!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I have NEVER bought this loser !!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
SXOOF headed to sub penny in 2023 !!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Yes, and this POS SXOOF has busted the shareholders !!!!!!!!!!!!!!!!!!!
LoL LoL,
IB_
"His end goal is a sale of the company and he wants the biggest piece of that pie, however big or small that price will be."
I agree, except I believe he intends on taking the entire pie before it is sold,
IB_
So is it fair to say that NasRat lead the company to be CFP & NasRat is the reason the share price struggles to get to 3 cent per share ?????????????
IB_
" It expires in October of 2023." Exactly !!!!!!!!!!!!!!!!!!!!!!!!!
10 Month's ... I'm not saying he will take Elite in 2023 but I am concerned that is his end game ..............
There is a reason no one wanted those "test shares" ... There is a reason insiders has not been buying shares hand over fist below $0.10 ..... If there was not a reason, the share price would have never fell this low !!!!!!!!!!!!
I believe the reason is, investors do not trust the CEO,
IB_
This post is an attempt to distract shareholders away from the truth !!!!!!!!!!
NasRat want's all the shares he can get because in my opinion, HE WANTS THE COMPANY and he wants it as cheaply as possible ....................
IB_
YES !!!!
IB_
While NasRat has been CEO, ELTP has fell lower on many many more days without news than days with news !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey, wonder why NasRat does not have the company purchase his half a million dollars worth of shares from the float, that would help us all and not cause dilution ......... Of course that may run the share price UP and NasRat would not get as many shares for HIMSELF !!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I'm not seeing any post suggesting that anyone sell their shares in ELTP ......
It is not the company that honest investors are frustrated with, it is the CEO and Board of Directors !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
There was supposedly a "Little Test" done by one of Elite's supposed shareholders a few weeks ago on how the share price is being manipulated and retail shareholders find it difficult to trade ELTP ...................
Well guess who has NO PROBLEM getting their 14 Million + shares from the authorized pool that adds to the outstanding share count "DILUTION"???????????????? Guess who!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
"IF" this is what is taking place with ELTP shares ............. Who in the hell would think NasRat would try and do anything about it, when it clearly benefits HIM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
More shares for NasRat every year ...... A CEO with integrity, would have taken action years ago, but after clearly stating that the share price would not trade in the $0.02's and now here we are. In my opinion, NasRat is conning us with his BS statements and has been ever since the "No One Will Stop Us" BS concerning Elite's ART,
IB_
I believe that is of high probability if the Board of Directors remains the same in 2023 !!!!!!!!!!!!!!!!!
IB_
I don't understand why any shareholder would support NasRat and defend his position as CEO when after more than 9 years as CEO, the share price is at all-time lows !!!!!!!!!!!!!!!!!!!!!!!!
He failed to move Elite's ART past the FDA and he failed to do that years before the COVID excuses could be used................................
If I thought praising NasRat and hyping the stock would move it up, I would be all for it ..BUT nothing moves the stock up and NasRat continues soaking up those multi-million shares he created after shareholder approval was granted,
IB_
ELTP share price now trades below $0.03 per share after years of being CFP ...........
I do not need my Double Doctorate Degrees to see that with NasRat as the CEO, this has been a loser for many years !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This constant support of a CEO who continues to prosper through Elite while returning negative value to shareholders is nothing short of failure to accept the truth,
IB_
Going into this new sales & marketing venture, the highly touted CFP that has not helped the share price one bit, may just go away !!!!!!!!!!!!!!!!!!!!!!!!!!!!
The question is: If CFP ends, will that send ELTP below $0.01 ?????? Ok NasRat, if Dianna brings this post to your attention, you can confidently claim on the next call that Elite below $0.01 is "Baloney" and then we will watch it go there just like we are in the "Baloney" $0.02's now,
IB_
Nice RED close before Christmas ......................... Thanks NasRat for making Short Sellers money !!!!!!!!!!!!!!!!!!!!!!!!!
Don't worry about shareholders, you just take care of yourself ..... "Like I need to tell you that" !!!!!!!!!!!!!!!!!!!!!!!!!
Merry Christmas "admiladmeged",
IB_
I think all Elite Traders who sold ELTP SHORT at any price in the past 9 years, should thank NasRat for what he has done as CEO of Elite !!!!!!!!!!!!!!!!!!
???????????? "Merry Christmas" NasRat,
IB_
I have no doubt .... I think most of us can say the same as the chart shows !!!!!
(winky face emoji)
IB_
Yeah and then there are opinions like this: "That's why I'm here. Like I said before, the next couple years should be great for ELTP. Jerry Treppel is not a quitter. Neither am I. Go ELTP!!!"
Guess when that was said, and by who ................
Kinda puts it all in a different perspective doesn't it,
IB_ ;)
Nothing can be said about what is going on at Elite, with the current CEO that will attract new buyers !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Look at the chart .............
IB_
I would love nothing more than for the first half of 2023 to show a quarter "$0.25" of the share price that NasRat preached from 2013 on ... "Dollar Land" & "Nasdaq" but I do not believe he wants the share price to move up ...... I believe he wants to take the company private as cheap as possible .....
In my opinion, all shareholders should be fed up with how this investment has performed and how well NasRat has compensated himself through it all ...... Anything under $0.50 is sad, but 2 cent "$0.02" and he is well paid for that !!!!
Ummm,
IB_
Look at the chart and it will show that is not Elite's usual policy !!!!!!!!!!!!!!
"The .02's are Baloney" .......NOT,
IB_
I'm curious, who currently owns SequestOx ????????????????????
IB_
Well, nobody wants to go blind ........... so good riddance to that drug !!!!!!!!!!
IB_
Big Deal ... Elite has been so called "profitable" for quite a while now, what has that got us ....... I'll help out and answer that: It has got us 3 cent per share ..less than a penny from an ALL TIME LOW for ELTP !!!!!!!!!!!!!!!!!
There is no excuse,
IB_
Well, I can't disagree with that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Elite needs someone like this guy to step up and move to replace Elite's Board of Directors !!!!!!!!!!!!!!!!
https://finance.yahoo.com/video/elon-musk-time-tesla-board-171101996.html
IB_
What percentage of the fully diluted, outstanding shares, does NasRat currently control ????????????????????
That is the question we all should be concerned about,
IB_
LOTZ, dying a slow but sure death ....................................................
IB_
Congratulations on a nice little upward move in RAFA !!!!!!!!!!!!!!!!!!!!
IB_
Is that why Elite is trading in the $0.02's now instead of "Dollar Land" !!!!!!!!!!!
IB_
What NasRat "says" should be his bond but we know how far that has got us !!!! Yes the filings are on the "legal" side !!!!!!!!!!!!!!!!!!!!!!!
As post by The King of the DD:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170612029
IB_
Why do shareholders just whistle past the graveyard when we see what is going on with Elite????? Look at the CEO's total compensation and perks and then look at the share price ........ Think about all the statements he has made over the past 9 years that have turned out to be complete BS .... There are many .... How many times has it been stated on conference calls that his privately held pharma company was winding down operations ???? Totally under his control and it never happened, Mikah has only grown since those BS statements were made about winding down operations !!!!!!!!!!!
Arguing about what is right in front of us has got us nowhere as NasRat gains more & more shares, causing more & more dilution !!!!!
IB_