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I do not expect to hear anything except more Excuses during the lame conference call !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
COVID/Pandemic, COVID/Pandemic, COVID/Pandimic ... and any other BS excuse NasRat can use to try and mask his incompetence.....
Hey Thanks A Lot King,
IB_
MULN closing above "$1.80" today, doesn't look good !!!!!!!!!!!!!!!!!!
Below $1.20 looks highly likely !!!!!!!!!!!!!!!!!!!!!
IB_
MULN closes below $1.20 tomorrow !!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Big Day in the market and MULN close bright RED ......................
The stock is cursed,
IB_ :)
MULN will never be a crack stock like those others .....................
The high will be chased until MULN goes no bid,
IB_
Will we receive the ANDA approval this morning ???????????????
Highly Unlikely ..........................................................................
Hey Thanks A Lot,
IB_
Does this estimate factor in that NasRat is still the CEO and his track record on getting approvals without SunGen ?????????????????
Hey Thanks A Lot King,
IB_
LoL LoL, oh MULN will see $0.050 as soon as everyone sees that there is nothing here !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
SXOOF is a STRONG SELL at any price above $0.18 !!!!!!!!!!!!!!!!!!!
IB_
MULN will follow the path of PRED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Will we receive the ANDA approval this morning ???????????????
Hey Thanks A Lot,
IB_
I don't think so, King !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_ :(
MULN's chart looks to be headed in the downward direction !!!!!!!!!!
I would say MULN is headed to NO BID in 2023,
IB_
It won't !!!! Elite will be shorted back to below a dollar !!!!!!!!!!!!!!!!!!
IB_
It does when the share price falls after the reverse split !!!!!!!!!!!!!!
AND ELTP WILL FALL AFTER A REVERSE SPLIT,
IB_
If that happens, Elite shareholders value in ELTP will be LESS than it is now within a week !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Ahhh yes there it is .... The Ol' Elite reverse split option !!!!!!!!!!!!!!!!
"Elite has to meet the requirements on either page 10 or page 11...............WHICH THEY ALREADY DO...............except for the PPS which will be achieved through a reverse split."
So, let's say Elite was to do a 1 for 100 reverse split, then Elite's share price would need to climb to $100.00 per share for us to reach the same shareholder value as NasRat use to talk about when he said getting to Dollarland ORGANICLY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
A reverse split is one of the worse outcomes for our shares ........
Hey Thanks A Lot King,
IB_
How far will Elite get with this $0.03 share price ???????????
IB_
I doubt it !!!!!!!!!!!!!!!!!!!!!!!!!
IB_
Forget selling it down to $1.50 .......................
They have sold this POS down below $0.50 !!!!!!!!!!!!!!!!!!!!!!!!!!!
"If they will sell it down to $1.50..."
LoL LoL .................LOTZ is a major loser ...............................
IB_
Wrong !! There has been a constant attack on the CEO and Elite since SequestOx failed to pass the FDA in 2016 when the share price was in the $0.30 range. Now it is in the $0.03 range, that is BEARISH !!!!!!!!
IB_
I agree, NasRat knows what he is doing, and it does not look like it is in the best interest of the retail shareholder !!!!!!!!!!!!!!!!!!!!!!!
IB_
Wrong !! NasRat works at the pleasure of the Board of Directors !!!!!!!!
IB_
It doesn't look like it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I agree, there is nothing here except a dream of becoming a MULNaire but nothing to support it !!!!!!!!!!!!!!!!!!!!!!!!!
IB_
MULN = $0.50 by July 4th !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
$0.50 on MULN is coming !!!!!!!!!!!!!!!!!!!!!!
This stock is done,
IB_
MULN will see $0.50 before July 4th !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I guess Elites dried up, sickly, Ask is just too much to pay !!!!!!!!!!!
IB_
Elite is a sick stock !!!!!!!!!!!!!!!!!!!!!!!
This just goes to show that Elite's normal volume is mostly MM's moving shares between themselves and no real buyers or sellers !!!!!!!
Elite is so close to $0.00 per share it's a go for broke gamble now but no one wants to buy it either,
IB_
That is Elite's "Dollar Land" !!!!!!!!!!!!!!!!!!!!!!!!!!!
LoL LoL
Hey Thanks A Lot King,
IB_
Not likely and even if we do, what shareholder value will be created, $0.04 per share ??????
Let's think about who is taking shares from the authorized shares at $0.03 per share !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Who said no to a suggestion of a small share repurchase program, that would most likely move the share price up ???????????????
IB_
In 2013 when NasRat became CEO at Elite and soon after stated No One Will Stop Us referring to Elite's ART, then stating that Elite's fair value was $2.10 and that was in 2014. Elite's value would be greater in the future. Has spoken about Dollar Land for many years and yet today, almost halfway into the year 2022, the share price is LESS THAN 4 pennies per share ($0.03) !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Almost 9 (nine) years as CEO and the share price is $0.03,within a penny of all time lows and has been below a dime ($0.10) for almost 2 and a half years ................. OVER 2 (TWO) YEARS !!!!!!!!!!!!!!!!!!!!
"Does Nasrat need to be replaced?" Hummmmm .... Everyone knows one of the most important jobs of a CEO is to create shareholder value yet NasRat never outlines a real plan for that. How long has Elite claimed to be Cash Flow Positive ... that didn't help create shareholder value .... Is there any reason that NasRat would desire a low share price .... Hummmm
Hey Thanks A Lot King,
IB_
There is only one thing that can save us now and that is a buyer that will drive Elite's share price up so high that NasRat can't afford to take the company over !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey Thanks A Lot King,
IB_
I think NasRat drives new BMW's probably company cars !!!!!!!!!!!!
Day'Um,
IB_ ;)
This stock is a losing bet ...................................
It is the Edsel of the electric car industry,
IB_
Elite will have just another 3 cent day !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey Thanks A Lot King,
IB_
But its not looking good
Of course it is ......... LOTZ has been Langstoned and no stock recovers after that,
IB_
Maybe NasRat should be praised for not driving Elite's share price into the $0.02's !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thanks NasRat,
IB_