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The only shareholder that I see benefitting from this low share price, is the CEO,NasRat !!!!!!!!!!!!!!!
He accumulates more shares when the price is low, soaking up those extra 100's of Millions of shares he added to the authorized ................
How long will it be till NasRat "Controls" 90% of Elite's shares ???????
IB_
I don't believe there was ever any intention by NasRat to wind down his Mikah operations........ I believe this is a calculated plan to use Elite to support the CEO's lifestyle, while also using Elite to assist Mikah in making NasRat big bonus money !!!!!!!!!!!!!!!!!!!!!
There is a reason we can't verify NasRat's direct & indirect ELTP share count ........ I think anyone who has done any "DD" on what happens when 90% of Elites shares are controlled by one individual, will see what is happening here,
Hey Thanks A Lot For Posting The Truth, King,
IB_
I believe Elite will be poorly run right into the ownership of NasRat and Mikah !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
When team Hakim/Mikah reaches 90% ownership of ELTP shares, they can FORCE any remaining shareholders OUT is what my Double Doctorate in "DD" shows me,
IB_
Oh with my 100 years of business acumen, and starting the top 10 fortune 500 companies, I can tell you that NasRat is the greatest CEO "other than myself of course" of all time !!!!!!!!!!!!!!!!
The share price is 100% the result of ......... wait for it .................. easy ..... here it comes .............................. MANIPULATION !!!!!!!!!
It's MANIPULATION !!!!!!!!!!!!!!! And never forget, "The precious NasRat does not have any control of the share price EVER !!!!!!!!!!!!!!!!!!!!!!!!!!!!
If shareholders chant over & over that Elite's partnership with NasRat's privately held Mikah Pharma is GREAT for us all, then maybe no action will ever be taken and the CEO of these companies can continue to do what is in his own best interest, without any interference.
IB_
This statement and those filings that have proven to be untrue, should garner an SEC look !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Elite shareholders who are beyond tired of getting NOTHING but loses from this investment, should stand up against what is going on .....
Hey Thanks A Lot King for posting what needs to be seen,
IB_
Remember the SequestOx approval Guarantee of 2016 !!!!!!!!!!!
HuH,
IB_
I went short 22,400 shares of AMC at $49.00-$49.83 !!!!!!!!!!!!!!!!!!!
I will cover at either $15.00 or $5.00, whichever comes first,
IB_ :)
Lets look at Elites chart over the past 8 LONG YEARS ......... What does it show ........... It shows major loses for shareholders !!!!!!!!!!!!!!!
Is the chart looking better now ..... Hell NO,
IB_
Let all ELTP shareholders notice that since 2014, the NasRat/Mikah defense has done nothing for the shareholder except lead the share price to the $0.04-$0.03 CENT range !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Are the NasRat stated "BOLOGNY" $0.02's coming,
IB_
100% Agree !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"Sick and tired of Mikah's SH*T."
Spot on !! This double dealing needs to stop yesterday ... Should have never been allowed !!!!!!!!!!!!!!!!!!!!!
"PS: Mikah doesn't even EXIST..........remember?"
Yes, I remember it well ....... Is NasRat the only board member who is not senile ???????????????
"2018 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets.""
I think this is something the SEC should look into,
Hey Thanks A Lot King,
IB_
" our seasoned team will be ready to market it for 100% benefit of Elite and no one else" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What about Mikah? I believe Ol' NasRat will weasel (no pun intended) Mikah in the mix to keep his pockets full,
IB_
This news will send shares of ELTP into the $0.02's where NasRat basically said it would not go !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
But will NasRat take advantage of the wonderful opportunity to take some cheap shares out of the float. NO ...He will "try" to follow his own mind and piss money away,
IB_
I was just about to respond with that 100% correct information !!!!!!!
Thanks for straightening out that 100% WRONG post about SequestOx and the absurd $15 Million with "SUNGEN" LoL LoL
Hey Thanks A Lot King of The DD,
IB_
I think this post concerning NasRat is 100% on point:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169760209
Hey Thanks A Lot King,
IB_
This will kill Elites revenue for years to come ................ The share price will fall into the $0.02's and it could spell the end of ELTP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Or is this just manipulation,
LoL LoL,
IB_
Elites revenue will plummet and not only has NasRat diluted Elite, he now has us deep in debt !!!!!!!!!!!!!!!!!!!!!!!!!!!
Is he trying to bankrupt the company so he can use Mikah as the buzzard to pick up the scraps,
IB_
Buying Elite shares in the $0.04's may not be such a good buy for the future !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Nah .... It is just "manipulation" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Elite would probably trade at $2.10 per share if it were not for that there "manipulation" .............................................
Elite's excuse theme song:
We can never know about the days to come
But we dream about them anyway
And I wonder if I'm really in the right one
Or just chasing after some finer day
Manipulation
Manipulation is making me late
Is keeping me waiting
And I tell you how it feels to be invested in you
And how wrong your share price feels around me
But I, I rehearsed those words just late last night
When I was thinking about how right one day might be
Manipulation
Manipulation is making me late
Is keeping me waiting
And tomorrow we might not be together
I'm no prophet, Lord, I don't know The Scammer ways
So I'll try, see into your chart right now
And stay right here 'cause these are the sad old days
These are the sad old days
And stay right here 'cause these are the sad old days
These are the depressing old days
These are the mislead old days
These are the BS old days
These are the MANIPULATED old days
Could it be an Elite, Pfizer deal .... Could It be .... WoW ...... Whatever it is, I'll bet it amounts to a Big Fat NOTHING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Share price 4 cent,
IB_
"Elite's p/s being manipulated, Elite's p/s being manipulated, Elite's p/s being manipulated"
Then NasRat who is hired to create shareholder value, should do something about this problem !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The CEO has no EXCUSES .... EVERY ISSUE FALLS AT HIS FEET,
IB_
100% Correct !!!!!!!!!!!!!!!!!!!!!!!!
"So why the HELL is The Rat even THINKING about "going alone" with the Adderalls!!!!!!!!!???????"
I think the answer is "Total Arrogance" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
We need to think about what we get out of this investment, which is NOTHING verses what NasRat is getting out of this ..... Look at all he runs through OUR company for his benefit ............................
Hey Thanks A Lot King,
IB_
Then why does Elite Shareholders continue to make excuses for NasRat and pat him on the back, even though he has done NOTHING, absolutely NOTHING for long or short term shareholders ???????????
IB_
I just can't help but wonder if Elite's share price may get cut in half when/if Adderall sells plumet because Elite goes with a new partner or tries going it alone ??????????????????????????
Hey Thanks A Lot King,
IB_
Oh no, we need Elite's share price to be as low as possible so NasRat can soak up the most shares !!!!!!!!!!!!!!!!!!!! As long as the CEO is taken care of, the share price is not important .......................... NasRat is the largest shareholder FYI,
IB_
What is a good buy price on ELTP ?????????????????
Hey Thanks A Lot King,
IB_
"kind of convenient isn't it, the CEO being a private company"
I think in most honest shareholders minds, it is shady as hell !!!!!!!
IB_
I am interested in hearing from Elite's King of the DD, concerning todays lackluster CC !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
"Robert bringing any drugs from his old company?"
No, but maybe Rob brought his favorite stapler from his old company !!!!!!!
Day'Um,
IB_
The truth is, shareholders don't know what the hell he is going to do = NO ACCOUTABILITY !!!!!!!!!!!!!!!
This is NOT how a public company should be run ...............
It is much easier to run this company like he is running it, with no accountability, while it is trading on the OTC !!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
It passed because it was a stupid BS question and easily dismissed by NasRat, but it filled in the allowed :30 min. on the call !!!!!!!!!!!!!!!!!!!
I do not believe the IR department "filters" the questions, I believe NasRat does .....................................................
He owns the other 50% of Adderall so why is he being so indecisive on when or IF Elite will purchase HIS 50% of the Adderall ???????????
He complains about LCI on every call lately, but who chose to partner with them !!!!!!!!!!!!!!!!!!!!!!! Right, NasRat,
IB_
Sinking share price again,
IB_
That is a great question for NasRat & Lannett !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Maybe the Adderall shortage in Florida is causing the massive buying of Elite shares today ???????????????????????????????
Almost $800.00 spent on Elite shares today .............
WoW,
IB_
The low volume shows the level of shareholder confidence in NasRat !!!!!!!!! Less than $800.00 spent on shares shows no accumulating of shares before earnings ...........................................
No Confidence,
IB_
2023 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Has there ever been a clear reason given for Elite to have an office in Pompano Beach Fla. ????????????????????????????????
Hey Thanks A Lot King,
IB_
Sell the company to who ????????????????????????
IB_
I concur !!
Thanks,
IB_
"With $8.5 Million in cash, why does NasRat borrow $12 Million + to buy a property that is valued between $2 - $4 Million ????????????????????????"
Was a rhetorical question .................. Definition: a question asked in order to create a dramatic effect or TO MAKE A POINT RATHER THAN TO GET AN ANSWER ..................... Happy to clear that up,
LoL LoL
IB_
My guess is NasRat sells his 50% ownership of the Adderall to Elite for $10,000,000.00 in cash, making himself a tidy profit !!!!!!!!!
Then what will 100% of the Adderall bring Elite per year in revenue,
IB_