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Thanks NASDAQ2020.
5% of $2 billion is $100 m
10% of $2 billion is $200 m
Numbers Never Lie!
Stay Long, Be Elite!
Here is Audio file for CC 17 August 2020
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157689611
Here is Audio file for CC 17 August 2020
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157689611
Audio File Elite Pharma CC 17 August 2020 FY21Q1
Exactly and with NUMBERS!
Numbers Never Lie!
Stay Long, Be Elite!
"...our debt to market cap is 7%."
Nasrat Hakim
PS: I think I heard it before...hmmmm
"...our stock get manipulated in OTC"
Nasrat Hakim
"....this is beginning of sustained profitability."
Nasrat Hakim
Did you know that we posted record-breaking revenue in Elite's history last week, Over $7 M in one quarter. Just as reminder, Elite's annual revenue at 2019 was $7 Mil. That means the revenue will be increased by 4 folds this year, 2021.
Number Never Lie!
Stay Long, Be Elite!
Did you know that Elite's revenue at 2014 was $4.6M and now in 2021 the revenue will be minimum $28 Million, almost 7 folds in 7 years, . It is infact a fantastic performance.
Numbers Never Lie!
Stay Long, Be Elite!
Did you know only 1 million out of 900 million Elite's shares get traded daily. Nobody sells and everyone waiting for huge ROI sooner than later!
Numbers Never Lie!
Stay Long, Be Elite!
Did you know Elite's debt is $4 Millions with Market cap of $58 Millions so Debt to Market Cap ratio is 4/58 = 7%
Numbers Never Lie!
Stay Long, Be Elite!
What was the result of filing complain with SEC?
no2koolaid, in regards to this. I can see non-refundable fees that Elite collected from Epic. But don't know if Sungen's non-refundable fees ever mentioned anywhere. Please advise
Good Times Ahead!
Our CEO, Nasrat Hakim, is very professional. I beleive he knows that in next few quarters we will have Record-Breaking revenue each quarter. It doesn't look good like a kid who get excited to have all Press Releases with the title "Record Breaking" and have similar title over and over.
Numbers Never Lie!
Stay Long, Be Elite!
We already know this:
Can you provide guidance for Q1, 2021 which is this quarter? Please provide some type of forecast for the next few quarters as we haven't had much information in the last five months.
Nasrat Hakim:
I will share with you what I know and that is the quarter ending today we will hit the $7 million in revenues and that quarter would not have any profit splits from the ER, is that right, Carter? We don't see any profit splits this quarter.
Carter Ward
No. There should be some.
Nasrat Hakim
Yes, very minimal because of the launch, okay. So the quarter will end today. We will hit the $7 million. The last quarter was almost $5 million.
no2koolaid, Elite collected non-refundable fees from Epic, Sungen, etc for developing some of those drugs over last few years. Shouldn't those fees be accounted/deducted from overall Elite's money that was spent on these R&D's?
Stay Long, Be Elite!
Did you account for all non-refundable fees that Elite collected from Epic or Sungen or etc ?
Fact matters!
Numbers Never Lie!
Stay Long, Be Elite!
FACT CHECKING…Annual R&D expenses for Elite over time…
2020 = 5,532,462
2019 = 7,599,820
2018 = 9,621,365
2017 = 8,301,693
2016 = 2,903,178
2015 = 2,904,114
2014 = 2,105,725
2013 *
*Nasrat was named CEO August 2013, so his tenure actually began in Fiscal Year 2014. Thus, the FY 2013 R&D of $3,959,316 was NOT during his tenure as CEO.
By adding all the R&D expenses during Nasrat’s tenure as CEO, the totals are $38,968,357. That is 39% of the claimed $100M
As Bob Uecker would say - "Juuuuuust a little bit outside!"
Trying to keep it real.
Liked it here too! Numbers!
Another great post no2koolaid. Thanks for posting with numbers!
As I said before I love NUMBERS because...
Numbers Never Lie!
Stay Long, Be Elite!
Elite is now selling in $2 Billion CNS market, Aderall IR and XR, did you know that?
Stay Long, Be Elite!
Did you know within a couple days we will have record breaking revenue in Elite's history? Over $7 Mil in one quarter. Just as reminder, Elite's annual revenue at 2019 was $7 Mil. That means the revenue will be increased by 4 folds this year, 2021.
Number Never Lie!
Stay Long, Be Elite!
What is the result? Did they solve your problem?
Stay Long, Be Elite!
Did you know only 1 million out of 900 million Elite's shares get traded daily. Nobody sells and everyone waiting for huge ROI sooner than later!
Numbers Never Lie!
Stay Long, Be Elite!
Hey NASDAQ2020, I think this quarter, Q1 2021, is the first quarter that we have Aderall XR revenue numbers as part of Elite financial report which will be released soon, right?
Numbers Never Lie!
Stay Long, Be Elite!
Great News! Everybody is confident in Elite's future.
Numbers Never Lie!
Stay Long, Be Elite!
Did you know Elite's debt is $4 Millions with Market cap of $58 Millions so Debt to Market Cap ratio is 4/58 = 7%
Numbers Never Lie!
Stay Long, Be Elite!
Did you know we will have record breaking revenue this quarter, Q1 2021 ?
Great post RizZo. Those are nice NUMBERS and I love numbers!
Elite's revenue at 2014 was $4.6M and now in 2021 the revenue will be minimum $28 Million, almost 7 folds in 7 years, . Fantastic performance by an ELITE team.
Numbers Never Lie!
Stay Long, Be Elite!
Elite's revenue at 2014 was $4.6M and now in 2021 the revenue will be minimum $28 Million, almost 7 folds in 7 years, . It is infact a fantastic performance.
Numbers Never Lie!
Stay Long, Be Elite!
What would you do if he doesn't resign? Will you sell your shares?
Stay Long, Be Elite!
Don't forget to post SEC investigation results here too!
Stay Long, Be Elite!
I'm glad actually Nasrat become Elite CEO at 2013. Elite's revenue at 2014 was $4.6M and now in 2021 the revenue will be minimum $28 Million, almost 7 folds in 7 years, . It is infact a fantastic performance.
Numbers Never Lie!
Stay Long, Be Elite!
Fantastic post with lots of FACTS. Thanks for all your insights.
Elite is closer than ever! Elite revenue at 2019 was $7.5 Millions. We know in Q1 2021 based on what Nasrat said in last CC we will have over $7M revenue and that means at 2021 we will have at least 4 times of 2019 revenue.
Yes, Elite is moving the needle forward. It was just proven by Numbers! and Numbers Never Lie!
Stay Long, Be Elite!
can you show me a tiny pharma company which is in OTC market and had launched generic drugs for $2 billion market? Show me some example.
Numbers Never Lie!
Stay Long, Be Elite!
Can you show me a tiny pharma company which is in OTC market and had launched generic drugs for $2 billion market? Show me some examples.
Numbers Never Lie!
Stay Long, Be Elite!
He is a great CEO. He led us to CNS Market, it was fast tracked switching focus from Opiods to CNS market, within a couple years now we are selling in CNS market. This amazes me too!
Btw, can you show me a tiny pharma company which is in OTC market and had launched generic drugs for $2 billion market? Show me some examples.
Numbers Never Lie!
Stay Long, Be Elite!