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Don't worry in a few weeks we will be a mining company and everything will be just fine...LOL
Absolutely huge news and will put Elite and the forefront of this arena when combined with their patented 216 tech. Little birdee says this is just the tip of the iceberg for a flood of positive news coming very very soon for Elite. Tweet tweet...
Such as what? The energy drink? We got very limited info on that in the PR but if it is structured like this vodka deal where HBRM is getting is more concerned wit getting their name on a label then cash in their account then I have grave concerns on the business strategy and direction the company is going in my opinion as a shareholder.
Yes that will be the real tell all for HBRM. To see exactly what they get after costs are deducted. Funny they won't share that percentage figure with shareholders. In my opinion they will end up with very minimal if any profit at all in this deal.
Don't worry theres always those 1500 or so likes on facebook for acne med. HBRM will be just fine.
Are you and everyone else more concerned with small print on a label that no one will read or with percentage of profits from sales revenues?
https://gust.com/c/bonfun_wine_llc
So the owner of this company claims to be the "sole" importer and source of Kamasutra HBRM vodka. I posted you tube links previously showing his statement. Pretty funny website and this is all there is. A short message asking for one million dollars so they can move some booze to market...LOL...Does that work? If you create a one page site with little on it and post that you need a million bucks do you really get a response to that? This is what HBRM is working with? Things may be even worse then expected behind the scenes in my opinion.
That same exact bottle has been around since at least 2010 according to video links I have posted. The only difference now is a blend using HBRM natural herbs so there may be multiple bottles that look alike but one is the newly launched HBRM infused bottle. I would speculate that it has not reached many stores yet and probably none outside of NJ in my opinion.
I will ask you again in 6 months how your bags are when the company has failed to deliver once again. Pretty easy to see there are only like what maybe 5 people that post over here now. There is zero investor interest and zero investor confidence in my opinion as evidenced by the low low volume and PPS based on Lyics unprofessional business practices and the way they treat their shareholders.
Agreed and the next run after news will be lower then the last also. The game can only be played so many times and then it's time to move on. Looks a lot like what is happening here perhaps for the final time as the next PR comes in and we are joined by the traveling road show crowd again.
Good for you and good luck with getting your price point.
That is a reasonable perspective but until the company comes clean about some key issues we got nothing in my opinion. They could sell a million bottles of viagra vodka but if HBRM is getting a decent share of the sales revenue it aint gonna matter. People drinking vodka are not going to read the label and all of a sudden decide to buy acne medicine.
Well GLTU and do some thorough DD so you are informed with your investment.
Actually if you look back to the Easter PnD and the 3 subsequent ones after that what we have seen is lower highs on the promo pump side of things. We only got to .0075 on the last run up which is lower then the previous 3. I would expect that if some good news comes out there will be a visit by the traveling road show again and an attempt to promo the PPS up again but probably will see lower then previous .0075. The game can only be played so long and then runs out of players and steam. May see maybe .006 for high on some decent news for a day then back down again. Nothing but traders no investors in the company in my opinion.
Lyric is a charity and all the shareholders are donors in my opinion. The donors give their money to Lyric and then look at their empty bag and wonder what just happened here? Funny though donors give to charity and do not expect anything in return. That pretty much sums up what is going on with Lyric. Giving money away and getting nothing in return in my opinion.
yes, wait a bit, should go lower and lower in my opinion.
LR I hope nothing but the best for you but sooner or later you probably need to take very hard look at reality rather then speculation.
Kind of looks like we will see the .002's again real soon huh...
How do you know they have not diluted the SS? Seriously, if they were making money don't you think they would put out financials?
How can silence be deafening? I bet if you do some DD and look at some of the big scams in history of penny stocks, lack of info and silence from the company was a contributing factor.
Wow, I love your DD and recap. Although I am sure Pfizer and Purdue are already in phase 19 clinical trials well ahead of little Elite. Anyone remember the story of the tortoise and the hare? Well right now the rabbit just fell asleep and the turtle is making his slow and steady climb up the hill past the rabbit. Tweet tweet tweet...go Elite.
Thank you for clarifying the information with factual based DD. At least what can be DD at the present time even though a lot of secrecy and lack of disclosure surrounds certain areas of HBRM. Never good to be less then forthcoming and transparent with your shareholders in my opinion.
Really no effort needed is there when you have a company massively diluting to obtain even a little working capital. When you have a company that promises to buy back 100M shares but behind our backs does the complete opposite. When you have a company that secretly sells 50M shares at a reduced price to persons unknown for reasons unknown. When you have a company that won't even post what percentage of profits they are receiving in a business deal. Sure brings a lot of confidence and legitimacy to the company now huh? Investors scrambling to get shares aren't they? Everyday someone posts the bottoms in followed by someone else posting to da moon...LOL
As the months and months roll by with no sign of any financials or any sign that the company is in any way shape or form responsive to its shareholders when does one say enough is enough? Low volume since May 2011 and a low PPS also since that well orchestrated PnD in my opinion. Now we know there were some serious shady criminals deeply involved with Lyric courtesy of Sepe, Halperin and some of their other friends I am sure. We know Lyric could not pay its settlement to Balserio so they gave him shares. I guess when its that or nothing then you have to roll the dice. At what point do you just say enough is enough? Do we think the SEC is investigating Lyric based on their connection to the above listed criminals?
I don't think profit is attainable with this stock based on my position (my opinion). Looking for a respectable exit point o leave with some pride after being caught up in a well orchestrated PnD back in Easter.
The stock price for ELTP is up 67.14% year to date. I would take that kind of increase anytime any place for any stock. However, my little birdee tweeted me wait and see what happens when this very very special news is released and this is only the very beginning of a significant change and movement upward for Elite. Our time is now my fellow LONGS.
I am not looking for a profit just want to get my pride back at getting caught up in a PnD play back during Easter. The negatives still far outnumber the positives here and until that changes there will be no sustainable increases in the PPS in my opinion. You will get the heavily promoted short term spikes on some decent news PR but it will only last a day maybe two max and then back down again. Nothing but a trading stock for flippers right now in my opinion.
Likes on facebook do not necessarily equate to sales of a product and considering that product is only available through internet purchases (as far as I know right now) sales and exposure are limited to begin with. This is why HBRM has ventured off into these unusual areas such as viagra vodka and sports drinks.If one thing is not selling I guess you have to try something else right?
I hope that happens for all investors here but I certainly don't see it happening in the short term maybe a year from now who knows but no way inside of 6 months in my opinion.
I think you are sharing a common sense approach here with your speculation but really 2500 likes on Facebook? That is nothing really and it does not mean sales just some poor share holder hitting the like button. I do agree that the areas we all have talked about need to be cleared up or I feel this goes nowhere soon.
How much money does HBRM make on every bottle that is sold or case of bottles?
How did we go from one store in New Jersey to ever bar in America overnight?
If I had a nickel every time I heard that or something similar to it on this site I'd be rich. Yep, the bottom is in again and again and again and to the moon again and again and again.
This past quarter is going to show nothing special in my opinion otherwise they would not have been diluting previous quarter into present quarter. The only surprise will be the new float number which I am guessing is minimum of 520M now and growing.
My little birdee's ELTP tweets are very very reliable. Be very glad you are holding large amounts of ELTP shares my friends. Something extra special is coming and you will want to have your seatbelt on for sure for this ride. Tweet tweet...LOL LOL LOL LOL
Haha were almost done with 2012 and you are posting 2010 and 2011 figures. Not a chance those are even close to accurate presently in my opinion and anyone that thinks they are better do some more DD thats for sure. Nothing but total silence and secrecy and everyone should know what that means...calling Mr. Sepe and Mr. Halperin to the front please...
If that were the case then they would not need to dilute. If they were generating good revenue from their existing products then there would be no dilution correct? They would have available liquid capital. Pretty obvious they did not which mean poor sales and the need for extreme dilution which is what we are seeing presently.
She pays herself 150K a year from the company. Most CEO's at this level take a minimal salary and take stock shares in lieu of salary to show their support and belief in the company. Dr. takes 150K a year. Do they even do that much in sales from their existing products?
We do not even know what percentage of sales revenue HBRM is getting. From all the secrecy from the company I am sure thinking that it is extremely low and they are banking on the exposure and marketing value instead of real money in the bank. HBRM had no money to assist Kamasutra in this venture so their portion of profit after costs is going to be negligible in my opinion. Unless of course HBRM comes out with a statement showing something different. Financial reports will tell exactly how much they made or did not make from this vodka deal.
Timeline wise it seems reasonable to speculate that we will have at least 10 or more products to market by this time next year including the return of Lodrane 24. I would also guess that Elite will be deeply involved if not close to completion on the bio equivalent studies for 216 as well.
Can you just image what the PPS will be at that time? I am guessing well over $1.00. I Know that several of these products will be to market very very soon based on my little birdee's tweet tweet which should push us past that .25 mark from last April.
Based on what? We will not know the true picture until financials are reported and most likely next quarters report not the upcoming report due to the timing of the vodka launch. Until the company comes clean with some of its shady areas there will be no real investor confidence here. You will get the roving promo back again and a little spike for a day based on a PR but nothing sustainable in my opinion until the company cleans its dirty laundry.