frisko6@yahoo.com
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doing a quick search, there was a severe drug shortage at one time, but not now, that I can see.
Looks like Elite hired two more people, may be they will open up another 2nd shift. ?
Interesting, Chartwell does government contracts, and I'm sure they know who Elite is.
Chartwell is on pace to make 22mill. This year with 75 employees, Elite should make 40 mill with 43 employees with just 2 main products.
https://www.dnb.com/business-directory/company-profiles.chartwell_pharmaceuticals_llc.d443ae4b15ab5168b4a989921d4312dd.html
Carmel was sold for 10 million bucks, 9 mill up front, , looks like Chartwell in the new 8 k
Looks like Elite had a labeling problem, just cleared up, but they wern't the only ones, they all had the same prob. Tabs only, caps may be next.
general semantics
TEVA is not allowed to, they are not from this country
Looks like Teva had a lableing problem, but didn't stop them from sell Adderall in the US,
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process
didn't see a shortage with TEVA, caps or tabs , sometimes maybe, , beets me how they determine who is short or who is long
I can only guess,
Lets say the FDA sends out an agent to Montana and searches the bartells there for Adderall or the generic, and they come back with a NO or maybe or could be next week, then they move on to Oregon, Bartells in Portland, and they get the same answer , out of stock, maybe next week.
So this is how the FDA determins shortages.
I don't know how they do this
No I can not splaine, baffels me, the shortage list has been around for years without Lannett and now Lannett finely made it, YEAH, they have arrived, kudos
Well HGISS, it's nonsensical to me, I can't figure it out, look at the list of Dex Amp supliers that have been approved
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=browseByLetter.page&productLetter=D&ai=0
most of them don't make the shortage list, haven't for years, I think it must be a badge of honor to be on that list, for the first time Lannett shows up
That's good, any pub is good pub, and when you see down the line, couple months from now as the shortages continue off and on like they do and we see Lannett as a solid rock, no shortages, that's a good thing.
YEAH !!, they finely added Lannett to the shortage list
https://www.accessdata.fda.gov/scripts/drugshortages/dsp_ActiveIngredientDetails.cfm?AI=Amphetamine%20Aspartate;%20Amphetamine%20Sulfate;%20Dextroamphetamine%20Saccharate;%20Dextroamphetamine%20Sulfate%20Tablets&st=c&tab=tabs-1
and last week Aurobindo and Mylan were pumping out the Amp's but now they are done, again, interesting
Looks like were stuck at 4 cents, could be this way till June, still waiting for that 8K about Dexcel and the XR caps, this could be a long war.
WOW!!! I don't believe it, he pulled it off, 2.0.5
https://play.google.com/store/apps/details?id=com.raadr.prod&hl=en_US&gl=US
Got it, didn't know about Jerome Stevens, WOW, what a tumble
The fourth threat I discussed was the result of revenues lost when Jerome Stevens cancelled their agreement with LCI and revenues stopped in March 2019. Despite the many drug launches LCI has claimed since then, the revenues captured are not filling the 31 percent of revenues lost when JSP took their products to Amneal (AMRX) for distribution.
Interestingly, Amneal’s share price movement since that point suggests the deal has not worked out as well as expected…at least for Amneal, which saw its share price peak at about $25 with the JSP announcement in 2018. But it has steadily declined and, as of this writing, Amneal’s share price sits at $4.63.
So, Lannett needs Elite now, I think they got the message. At one time long long time ago when Lannett was at 8 bucks, thought to my self, that would be a good match for merger, and were off to the races, but not now.
Yes, we all know Wheezi, where it comes from, but what I didn't know is that they all took meth, once it got around . suprised me .
https://gizmodo.com/nazis-werent-the-only-ones-using-meth-during-world-war-1835829390
Yes jammy32, agree, those army guys could us a little boost and anybody looking at a radar screen for 8 hours could use a tab of IR, the last 4 hours of their shift....
just thinking out loud.
I'm looking to buy another 50 K next week
This is what we all should be looking at with Elite
https://www.fool.com/investing/2022/01/03/3-covid-stocks-that-could-double-in-2022/
any thing can happen, we just need a spark
I don't see that as an 8K last Dec, where did you see that, I tried to google Blaskston and well, not much there
https://www.otcmarkets.com/stock/ELTP/disclosure
https://www.blackstone.com/
Looks like our next P/R will be about the middle of June, year end numbers,
and hope fully some add on $ from Dexcel, they should be selling our product in Israel this quarter, Jan, Feb, mar, hope so, should be reflected on the bottom line.
Welp, it's been 15 minutes and it hasn't gone threw. using CSTI, they are supposed to be reliable, must be fake.
I Know the drill (pathetic)
I see 400k at 418 on the ask, lets see if it goes threw
What are you talking about, Nas said there would be no problem switching partners, there will be a comfort zone, it's all good not a prob, they will be lined up to take over the Lannet zone, selling legal meth is not a problem,
Reading the lines about the Dexcel contract, there is no reading between the lines, it's all in the open, as Nas said, keep in on the downlow, let the Dexcel salesmen do their thing in Israel, one must be careful, I'm sure the Massad has cheked everbody out who works for Elite and even every one on this board, it's all good, Dexcel wants to sneek in the back door, they can do this for sure, do you think every Pharma store in Israel is looking at Elite 8k sec disclouser, every day or 10 q, don't think so,
so LET IT BE, don't touch it
Another 2 cents:
All those employees working in that plant deserve medals for what they have to go threw every day, wearing masks, PPP suit up and make pills for 8 hours, I would faint for lac of oxygen, grinding it out every day, worried about the covid, takes a special kinda of mettel
No worries, it won't go down much further, then it will go up, don't blame it on me if Nasrat won't hire a spin DR. he only lets the bottom line speak for it self, and right now they are making money, look's like 40 mill for the next calendar year with a promise of more, the word is slowly leaking out about this little gem.
I trust them, and so do a lot of other people
Well somebody's making money lol
My 2 cents: Nasrat is number one in my book,
I thought it was GREAT, he answered all my questions I didn't need to ask, I know now why they didn't put out a big splash with Dexcel, cop a clue, their going to Teva's back yard, and the paper work must me huge, besides it's Israel, they seem to have a lot of enemy's, we don't just let anybody import drugs to the USA, that might kill Americans, specially from China.
or North Korea.
2: He said they are working on 2 Anda's, filed by a third company, they want to keep it on the down low,. could see results of their efforts come June or July, not sure of the time frame. So you have to ask your self, hmm, what could they be working on that is so secret, now let's see, were in in the middle of a pandemic, no not that,that's not it, but there is a need for anti bacterial gel for toe jam fugus that only occurs in the the deep south and parts of Reno, in the summertime, That's it for sure, lol
Thanks No2, sounds good to me, appreaciate your insite.
OK, Snup, got it, hope you got back in
Clap for the wolf man
Keep me up dated, I'm on the road, THX in advance
I like that 9 mill for the last Q. getting close to my mark,10 mill. we should see 40 mill for the calendar year, minimum, If Dexcel can match Lannett, and if Dexcel can sell XR caps, well I can't predict how high she will go,
looks like UP to me...
Hey, they got repeat customers
CONGRATS TO ALL LONGS, We have waited a long time for this day
LETS GET READY TO RUMBLE, UP TO 43 BIG GREEN
We got pre-mkt,40200shares, to 41 up 4%