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Darn, I am missing this
Maybe what is in the works is that we are holding on to the float? Tee hee.... I like it
GREAT freakin' name!
I will draw a picture when I find my crayons.
I agree. HTM couldn't have done a better job explaining the characteristics of a shell company.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105230284
It appears that someone wants this ticker to stay low profile?
250 shares @ .0048? Pretty hinky...
Right on, my man!
Please explain the scam.
The hands that hold the few shares here are growing stronger and stronger. The potential is exponential. And not for a quick run, then fade like many OTC stocks. Turlov will be the Schwab of the East.
His own clients should be eager to invest once this unfolds...
I DID slap the ask... 5000 shares @ .33 It went through as .32972 or something. Does someone get a bonus if it closes under .33? Too weird.
Buckle up boys and girls...
That is not what he said.
I think some others may be more knowledgeable on how FINRA aps go. It may take many months, but there could be other filings/PRs that come before that.
Freedom Financial is breaking into their niche in an exponential way. If everything goes as planned and the company is accepted here (and I can't see why it wouldn't be...but correct me if I am wrong), then this company will just keep growing over time.
I feel comfortable parking money here.
It may bounce up and down a few times before it "goes". I think the important thing is to have shares. Whether one gets them at .005 or .01 won't be huge in the long run, but of course having TWICE as many shares is usually a good thing .
I have confidence that Turlov will get the FINRA nod for Freedom Finance. If he also merges KZ and CY he will have 95% of the shares of BMBM. Seems good company to be in.
Hard to say if it will move before FINRA approval.
Could we have finally bought up the float? The MMs seem to be struggling...
For those wanting to accumulate (like me), one can always count on Attention Deficit Disorder on the OTC.
I know. They are extending some of these buy/sells to the millionths place? WTH?
Thanks for the heads-up, friends.
Do Dianne's messages bounce back with an automatic response? Anyone know? TIA
"Things" have been "odd" since the November conference call. Leopards don't change their spots without reason. Elite has been clipped and quiet.
My guess is we hear of a buyout before mid-March.
Maybe even next week.
richme,
I remember the conference call in which Hakim addressed "Why the valuation company was not made public". I assumed YOU were the caller. I cannot quote his response verbatim, but what he implied was, "Because we didn't want a bunch of crazy asses flooding them with phone calls".
If you did not pick up on what he said, and WHY he said it, then you lack people-reading skills. Seriously. If you ran a company and anyone with $6 could buy 100 shares, would YOU want anyone with $6 having the power to contact all of your subcontractors in order to grill them? Of COURSE not.
He is the CEO. HE made the decision. That is his job. If you believe his decisions are wrong, I suggest you WRITE to the Elite Pharma BOD with your concerns, or sell your stock.
Market Maker CSTI is strangling ELTP.
That was a large market order. Someone got lucky.
Verizon $200,000,000 7/1/15
http://www.sec.gov/Archives/edgar/data/1566469/000156646915000002/xslFormDX01/primary_doc.xml
Verizon $750,000 9/18/15
http://www.sec.gov/Archives/edgar/data/1566469/000156646915000003/xslFormDX01/primary_doc.xml
Verizon $195,000 10/13/15
http://www.sec.gov/Archives/edgar/data/1566469/000156646915000004/xslFormDX01/primary_doc.xml
Verizon $52,500,000 1/12/16
http://www.sec.gov/Archives/edgar/data/1566469/000156646916000005/xslFormDX01/primary_doc.xml
I believe Verizon jumped in 52.5 million DEEPER
If one stares at level 2 long enough, one gets disgusted with LIFE
I looked at INK*. I guess VERT has it frozen.
With big news, I would think those 5 million shares would get blown past pretty quickly (if he still has them).
Ah..interesting. So, do you think VERT (Rosten) could have been hired to control the price after the November filing?
Do you think the filing from yesterday was a lawyer?
From an investor's point of view, I would prefer to “OWN THE THING THAT OWNS THE THING!”.
Tee hee...
Good for you. Shares do seem scarce. I am ready when they are !
You should all check out Freedom Finance's Facebook page.
https://www.facebook.com/ffinru/
Happy New Year Thorfin! 20FREAKINSWEET16 !!!
Let us not forget, shareholders...
Nasrat Hakim is not just a CEO with a bio-pharmacological background. He is a LAWYER. A lawyer who has specialized in FDA Compliance as a VP at Actavis.
He thought all this through before taking the position.
The Acquisition Agreement is being treated as a reverse acquisition of the Issuer, a public shell company, for financial accounting and reporting purposes.
Yes. Sadly, we have several every year in my town. It is now international. Even with better preventative measures, I am afraid it will take years to curb these parabolic numbers.
When the FDA approves our first drug, it might seem a small pebble in a vast pond. BUT, that pebble will cause ripples. News will spread, and education will follow. Practices will change and many families won't get that dreaded call.
Nobody will stop us.
Opiates aren't given out lightly by physicians in my area either. Not so in other places.
I caught part of a program last night about heroin addiction on Cape Cod. It focused on some young people who had gone from oxy et al to heroin. Nice kids, nice neighborhoods. Many started with prescribed medication. But then they couldn't get refills or could no longer afford it, so they went to the cheaper yet scarier heroin.
They showed one girl feeding her baby. She was clean, happy, had a reason to get clean. She overdosed a short time later. Dead at 23. I turned it off.
I have family on the Cape. Ironically, they ALL have an RX for oxy sitting around. What is with THAT? Do old doctors go there to die? Sheesh.
Purdue pushed their drugs on physicians without educating them as to their highly addictive quality. Does ANYone think they didn't know? THAT is where they are negligent.
Lives don't matter when it comes to money. I would not be surprised if Purdue doesn't own millions of shares of ELTP. They will scoop up Elite and become "saviors" in the fight against addiction. And make billions once more, playing the other side of the court.