And this coming from someone who just last week was saying Vyvanse flopped be studies all failed and ceo should resign and totally trashing elite

I agree. I want the best price possible but if Naz can get an offer of 3 or more I would good with that but under 2 I would say wait but that's just mho.

Just remember the old saying a bird in the hand is better than 2 in the bush

Yeah great ideal and what happens if 10 other generic drug makers get approved to manufacture Vyvanse over the next year?

I know 2 new investors that will be buying in Tuesday

Any predictions on what share price will do Tuesday?

What happened to the board

No the majority of shares are owned by investors. Insiders own less than 1/3 of shares

4 times

3 times

2 times

1 time

Naz can't sell without a shareholder vote.

Is ib the only one that can have a say in here?

The fake king will bring up mikah a million times when everyone know Naz best interest to get best deal for elite.

You guys can tell ib 100 times and ib will ask the same question another 100 times just to try and confuse others

Because it is cheaper and faster to do the BE studies in India. I seriously don't understand why people invest in things they don't understand.

I'm waiting on the transcripts to read it more carefully because I sometimes have a hard time understanding Naz at times because of his accent.

I took his meaning to be help with BE studies. Testing to get ANDAs approved. Was I mistaken?

Does anyone know the amount of shares shorted? I would hate to be short at the end of today

Do you pay taxes if a company’s stock is acquired?
Shareholders face various tax implications when their company is acquired. In an all-cash acquisition, shareholders typically incur capital gains tax on the appreciation of the company’s assets or stock since their initial investment. In an all-stock acquisition, the exchange could qualify as a tax-free or tax-deferred event, provided certain requirements are met.

For cash and stock acquisitions, shareholders may have partial capital gain recognition for the cash portion and potential tax-deferral for the stock received. To minimize tax liability, shareholders can consider strategies such as ensuring the acquisition is structured to qualify for tax-free reorganization. Consider consulting with a financial advisor or tax specialist to determine the tax implications of an acquisition.

If you hold the stock in a tax-advantaged account such as a traditional or Roth IRA, you won’t likely have to worry about any tax consequences because those accounts shelter you from having to pay taxes on capital gains. You won’t pay taxes on a traditional IRA until you start making withdrawals during retirement, and Roth IRAs come with tax-free withdrawals when distributions are qualified.

This is from Google AI

I love it. I laughed so hard reading that.

Did I hear Naz right saying we would skip 60 to 70 M range in Rev and be possibly closer to 80Mfor year ending March?

I don't remember anything being said about buy backs. I want to read the transcript to understand what Naz said near the end about reverse splits.

Can anyone tell me what he said about reverse split?

TO move from the over-the-counter (OTC) market to Nasdaq, a company must meet financial and regulatory requirements. These include:
Shareholders: At least 550 shareholders must own 1.25 million public shares
Trading volume: The stock must have a minimum average daily trading volume of 2,000 shares over the 30 trading days before listing
Price: The stock must be listed at a price of at least $4 per share
Cash flow: The company must have had a cash flow of at least $27.5 million in the last three fiscal years
Earnings: The company must have had pre-tax earnings of at least $11 million in the previous three years
The process for moving from the OTC market to Nasdaq includes:
Filling out an application
Providing financial statements
Getting approved for listing by Nasdaq
The application process typically takes four to six weeks, but can be shorter if the application doesn't have issues and the company responds quickly to comments.
Depending on the circumstances, the stock symbol may change.

THIS CAME FROM GOOGLE AI

glta

I'm here fir the long haul. 6 months today won't matter and I got to pick up some shares

If the cry babies had been buying this morning instead of crying on here, they could have gotten cheap shares too

Ahh you may be but I'm not I picked up 400k shares under 46 this morning

It's so entertaining watching the cry babies whine and cry

Up over 13k already on the shares I picked up this morning!!! Ye haw

Isn't it great getting a gift like this?

I hope you sold this morning ib and I got YOUR shares.lol

Did you sell this morning ib? Thank you if you did!!!!

Watch the cry babies cry this thing will be above closing yesterday very soon.


Come on cry babies whin and cry I am laughing all the way to the bank!!!

I loaded up under 46 this morning. Thanks for the gift because fundamentals haven't changed. I love watching the cry babies cry. Hahaha

I wish Charles Schwab was 0 on OTC stocks. It is on everything else

I understand the situation you just explained but I'm talking about when I see 3 or 4 consecutive sells of 100 shares

Can someone explain to me why someone will sell 100 shares at .56 when fees to make the trade run around 6.95 taking away around 12 or 13% of that sell effectively be like selling at .49.

That has always baffled me

Better pray no pandemic hits USA or Americans are screwed.

That's so funny!! I was just thinking that if new investors were to read wets previous posts they might think wet missed the move up and can't get over it.