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Nothing he says matters !!!!!!!!!!!!!!!!!!!!!!!!!
Some of the crap he spews makes no sense and so much crap he spews is just forgot about and never addressed, and if it is, he just puts an outlandish twist on it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This is the what happens when a person is not held accountable by anyone,
IB_
I believe it is because he has "0" respect for us shareholders !!!!!!!!!!!!!
Being the absolute F'in KING of "DD" on ELTP, I will ax: If the property that NasRat says they are closing on next month is valued at "somewhere" around $2 Million and let's say NasRat pays $4 Million, Then why in the hell did he place Elite in debt for right at $12 Million plus the option to add $2 Million to that $12 Million ??????????????
He has for YEARS talked about how bad Debt was and I agreed ... I also agree "if he is telling us the truth" that he needed to buy the facility ... but I do believe that Elite had enough cash to buy the facility BUT let's say he felt he needed that cash stash for a rainy day, Ok, then why go against everything he used to justify all those hundreds of millions of shares of dilution, and now put Elite in un-needed DEBT ?????
Hey Thanks A Lot King,
IB_
At least we got to hear him read from that index card about COVID, COVID, COVID for the umteeth time !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Not to mention the index card concerning opioid lawsuits,
Day'Um NasRat, move on from that in August, Okay ???????????
Oh and I really like how he deflected on the question concerning his statement back in 2017 about going to the Nasdaq in 2 years ..... I remember he laid out the steps and then gave the 2 year timeline .... He surely did not address it the same today ..... Mr. Deflector CEO,
IB_
How many submitted a question concerning when will Mikah sell the 50% Adderalls to Elite ???
He is choosing not to address it,
IB_
He may be mentally challenged…………………
Hey Thanks A Lot King,
LoL LoL,
IB_
I understand BoB better than I do NasRat ……..
Hey Thanks A Lot King,
IB_
Amazing !!! Elite almost trades at a nickel "$0.05" per share !!!!!!!!!!
This so called "Dollarland", "Nasdaq bound" stock, trades at almost 5 PENNIES per share,
WoW,
IB_
The problem is, I believe NasRat has minions here and he does not want the BOD to change at all !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
It looks like that post is claiming that Elite resides at 135 Ludlow Ave. when Elites website says 165 Ludlow Ave. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
165 Ludlow Ave. looks to be estimated at $1,496,375 ?????????
https://www.remax.com/nj/northvale/home-details/165-ludlow-ave-northvale-nj-07647/6694671699275059752
Either or both may be incorrect ..............
Hey Thanks A Lot King,
IB_
Yes, correct !!!!!!!
Day'Um decimals,
LoL LoL,
IB_ :)
Exactly !!!! Is he crooked or stupid or both ????????????????????
Damn him,
IB_
WTF NasRat, are you just plum stupid ????????????????
Waiting until intertest rates are UP and then you put Elite in debt ... something you have ALWAYS preached against !!!!!!!!!!!!!!!
Not only have NasRat diluted the hell out of us, now he puts us in DEBT !!!!!!!!!!!!!!!!!!!!!!
This will all lead back to benefit Mikah in the end, watch and see,
IB_
It sure looks that way to me, King !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Our CEO running Mikah and using Elite to file for drug approvals is one of the worst cases of unethical behavior I have ever seen .............
All the while, Elites share price remains near ALL TIME LOWS and has been for years !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Why were we told that Mikah was winding down operations when that clearly was NOT TRUE ??????????????????????
Hey Thanks A Lot For Posting The Truth, King,
IB_
The Bird Man clearly told me on a phone call, PRED was working on a cure for cancer !!!!!!!!!!!!!
They may be tweaking it for launch soon,
IB_
That is BS, Elite would have received notification of the approval before it was listed as approved on any FDA website !!!!!!!!!!!!!!!!!!!!
ENOUGH EXCUESS FOR ELITE/NASrAT,
IB_
Just another example of how much "he promised" really means !!!!!!!
How many more years are we to just continue to accept this total lack of shareholder representation ?????????????????
IB_
I was hoping for a drug with more earning potential and clarity on who actually owns the drug ........... See, we shareholders should not be in this position of "wondering" who owns drugs that NasRat has been working on ............ Mikah should no longer be in business or should no longer be owned by the CEO of Elite !!!!!!!!!!!!!!!!!!!!!!
We need a complete overhaul of the Board of Directors and we could also use some representation,
IB_
That type of deal would not be in NasRat's best interest PERSONALLY !!!!!!!!!!!!!!
The big problem here is "at Elite's discretion" is also at NasRat's discretion !!!!!!!!!!!!!!!!!!!! Why would NasRat have his private pharma company "Mikah", refund anything to Elite ???????????????
Here lies the problem when there is unethical double dealing,
IB_
Looks like NasRat has his own muse here to defend his double dealings !!!!!!!!!!!!!!!!!!!!!!!!! SunGen never USED Elite to get drugs approved AND NasRat does not own SunGen !!!!!!!!!!!!!!!!!!!!!!!!!!!!
un·eth·i·cal
IB_
I agree !!!!!!!!!!!!!!!!!
Correct, NasRat isn't slick, we see the crap he is pulling ...............
Hey Thanks A Lot King,
IB_
Would NasRat release a PR through Elite if the new drug is owned by Mikah ????????????????????????
Hey Thanks A Lot King,
IB_
NasRat should NOT be USING Elite to benefit his on private company "Mikah" that we were told was winding down operations years ago !!!!!!!
"Even if this approval is 100% Mikah's" this is unacceptable, and shareholders should stop this unethical use of our company to advance NasRat's private company ......................................
One reason the share price is a few pennies per share is the CEO is not trusted in my opinion,
IB_
All I see is a SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
We can bet our are's if NasRat sells Elite, Mikah's 50% of the Adderall's, sells will decline !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Elite needs a complete overhaul of the BOD,
IB_
Well it looks as if it will be headed to single digits ..........................
I told everyone to sell SXOOF when it was in the $0.40's and then again in the $0.30's and yet again when it traded in the $0.20's ...... but I was attacked, now look at it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I'm not expecting to see any approvals anytime soon .....................
Hey Thanks A Lot King,
IB_
We shareholders have the power to REPLACE the Board of Directors !!!!!!!!!!!!!!!!!
I believe it is past time to do so,
IB_
Think about this: We as SHAREHOLDERS, were in a much better position with Jerry as the Chairman of the Board & The CEO !!!!!!!!!!
Hey Thanks A Lot King,
IB_
I have enough cold beer to ease the disappointment once NasRat starts up the tired, old excuse train once again !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
One thing that NasRat could actually accomplish would be to put $250,000.00 per quarter toward a share repurchase program and actually RETIRE those shares, NOT add them to the authorized so he can soak them up for himself .............................................
He has run his mouth for almost 9 years about how great Elite is doing and the shareholders has seen nothing but loses since 2014.............
His arrogance abounds,
IB_
That statement has been proven UNTRUE for many years now !!!!!!!!!!!
I believe NasRat should be in court defending his actions as CEO of Elite, a public company,
IB_
My investment in Elite has caused me to drink more during the Conference Call !!!!!!!!!!!!!!!!!!!!!!!!!!!!
LoL LoL
IB_ :(
I just got back from the store picking up my beer & chicken wings for Elites CC next week !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I have found that after about 14, 16oz beers, NasRat's failure to do anything to address Elite's depressing share price doesn't bother me as much ........................................................................................
IB_
I don't think so !!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I have looked for Elites PR all morning, I must have missed it ?????????
Hey Thanks A Lot King,
IB_
Will it be Chapter 7 or a Chapter 11 filing ??????????????????????
IB_
Tomorrow this Dud tanks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
It will not break $0.030 .......................
I see $0.023,
IB_
"Unless" will not move SEII higher ......................................
IB_
I don't see that happening either ................. It is an OTC stock for a reason !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IB_
I do not see that happening ......................
IB_