Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Evaluation were obviously phony to hype the stock... Insiders must have cashed-in victimizing a bunch of folks.
Those tons of shares are worth nothing if there is no ART approval.
After expense, there was not anything left for R&D. Diluting the shares was the only way to fund the studies.
If you know exactly what those bills are, you would not be making that comment.
How else would we pay for studies.
I wouldn't say its going no where; There is clear progress in the last few months.
Why PPS is 29 cents?
Why there are no Partners?
Why there are institutional investors?
I am not suggesting one way or the other. Implications that Republican will somehow push for ADT/Art Opioid product mandate is foolish thinking. In politics, those that has the money has the most lobbyists and the most political contributions. Republicans has always protected those at the top with the most money. If mandating ADT/ART Opioid products hurt those at the top, it will never happen.
Democrats are more likely to implement change hold drug companies accountable for their product. ADT/ ART mandate on all Opioid products would more likely come from a democratic government than Republican.
The lack of news will make many folks antsy and when PPS is manipulated with false Asks, we will have another "bear raid". I am ready with money this time for some cheap shares.
Talk about counting the chickens before the eggs are even laid. Nda have not been filed, possible efficacy study required. We are talking approval at the earliest of mid 2015. This technology has no third party confirmation. A bit too early to be talking revenues and buy out boys and girls.
Most Dr. prescribe drugs because patient demand them. Other than pain killers, what other drugs can render the appearance of a cure, or something is being done? Many disease have no cure, doctors can only make people feel better through pain medication. How would you like to be the doctors who tells their patient," Go home, there is nothing i can do for you"... Those types don't stay in practice too long.
The next "Duck" to line up should be a marketing partner.
Why don't you just ask them to remove your restriction. I asked them and they removed it within 2 minutes.
Starting to look good. Management picking a bunch of shares and now more new hires, everything starting to fall in place.
I don't think the meeting has taken place yet.
If there is a meeting with FDA than they will have to PR it within a few days. Good or bad, it must be reported next week. Naz did say meeting in early October.
i hope that is not Naz 700 k block he just bought on the ask.
The only ones who seems think that Elite ART is the best are some investors and CEO. Investment community and big pharma has largely ignored Elite. It will take not only FDA approval but profit after product launch to see a significant increase in share price.
There is a big difference now, babies are now White. FDA are under a lot more pressure now, affluent America is now affected.
Looks like they are done scaring a bunch of investors out of their shares and is allowing PPS to come back up to make their money.
It appears that" The Poison Pill" was not intended to prevent hostile take over but intended poison investors.
That was current valuation.
Look at the bright side, We are losing only a penny a day. It will take another three weeks until we lose everything. :)
At the rate that we are moving, it wont be long until the 06 are at hand again.
Nasdaq, i hope you are right.
When you sugar coat a crash,its still a crash. :)
When you sugar coat a crash,its still a crash. :)
If it was insider selling, it would not be a million share.
They claim it was to protect from a hostile takeover But clearly the effect was to hype the stock. It's strange that ceo later pm claimed that he had no idea why pps ran up to 97.
Telling investors to leave the stock if they don't have faith in management is a bit heartless when they clearly falsify valuation to trap numerous investors.
To think that Nazrat 150 million share garnered at 6 or 7 cents a share is a steal is foolish thinking. Nazrat has the most skin in the success of elite. There is no way he can get rid of 150 million at current price. If shares are thrown on open market elite would crash and he would be lucky to average 3 cents. The only way that he will ever get his money back is with buy out or after successful launch and profit. Nazrat has to be in it until the end.
After R and D we were losing money every quarter. Where will that money come from?
i was talking about the additional 300 million
no way LPC is being tap. Naz would not buy if LPC is being tap. Nonsense!
I don't see anyone dumping tens of millions of shares daily, 1-2 millions are being traded. The market is on edge as of late. Everyone is looking for the weakest link in there portfolio to shed and i am sorry to say but most OTC stocks are the first on the Chopping block.
I beg to differ. Iradipine has not launched. No mention of the 2 drugs that was to be filed o by Epic on Elite's behalf. If there is no additional revenues,and a slew of drugs that need studies, Elite will have no choice but to tap into LPC. With diminishing PPS every day, Current 300 million authorized shares will not be enough.
I doubt if they have tapped LPC 2 just yet, too much money on hand as of late. If FDA requires another study than i would definitely worry.
Elite just added new facilities and employees, how long do you think before cash on hand is gone? We have a conveyor belt of drugs looking to get push through FDA if we don't get approval within the next few months, an additional 500 million or a billion shares might have to be authorized. A billion share by then might only be worth 10 million.
That is ridiculous that some here say that daily PPS does not matter. The lower the PPS the less Elite will get less in the LPC deal. If unexpected demands from the FDA should arise and LPC II is not enough, further dilution is inevitable.