frisko6@yahoo.com
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That would do it, for sure.
I dont know what they are working on in India, but if its anything Covid related, this thing will fly.
He doesn't have a spin doctor
needs a good P/R firm
but the fundamentals are there and they are making millions, they have 8 million in the bank, it's all good
So, as far as I can tell, reading between the lines, they are working on around 12 anda's hoping to file 4,12 months starting in Jan. calendar year, and there was a bit of a hiccup with the trials in India, but the trial was finished and they got back the report, if it's looking good then they will file, as soon as they file we will be notified. In the mean time they are making money, could be a 30 million year, they just keep getting better and better.
Thx, just listened, sounds good to me, and I think 7 milll is fantastic. Good CC.
4 mill still shows a profit, 5 mill is a plus, 7 mill would be fantastic, School is back and the kids are studying.
Sure Nam go for it, but you must answer a few questions.
1: can you order the API for all the drugs you make
2: can you order the capsules that the beads go into
3: can you file a nondisclosure 8k
4: can you file an NDA or ANDA with the FDA
5: can you do a clinical trial in India or anywhere on the planet
6: can you keep 43 employees employed during a pandemic
7: can you negotiate contracts with the likes of Lannett or other marketers
8: can you keep a small pharma running smoothly with no warning letters and pass all inspections.
9: can you keep 43 full-time employees happy and pay them well?
10: and put up with winey shareholders that put you down every day and call you names
let me know if I missed anything
Thank you very much DS, I added more a few days ago, looks like I got it at the bottom of the bottom, very rare to peg that, she won't go below 4, it's only up from here
OH, we are waiting on a REMS, have been for two years, could be we are next, and we always want to see Lannett do well, so they can at least pay their bills IE venders
Lannett got a REMS approval, only shows on TDA no yahoo yet
THX. Snup, Did fill, looking good, had dry powder in reserve, couldnt pass it up
I've got an order in at 4, may take all day but I can wait, cant pass it up
not that I know of, were going back to the mid 60's, there was no google then,lol, but we all know opioid addiction leads to herion, just a few steps along the way, and your hooked
Well at least with OX, when you go to the dentist or have surgery and they give you a script, and your done with the pain, and the rest ends up in your medicine cabinet, your 17-year-old nephew can't get high, to start with a long road to Heroin and then overdose and die, John Lennon got hooked on heroin, it almost killed him, it's BAD. If Ox can save lives, I'm all for it, need to break the cycle
For sure Snup, I always thought OX got shut down by the big boys, Purdue, and the like, but things change, and we see Nasrat won't leave it alone, too many people dying, the loss even went up during the pandemic, just too much for people to handle, Sequest could save lives, we're not done yet.
I just don't see it, unless there is something about New Jersey that they like. Here's a bing page, they have been downsizing all over the world
https://www.bing.com/search?q=teva+closes+plants&form=CHRDEF&sp=-1&pq=teva+closes+pl&sc=0-14&qs=n&sk=&cvid=CD44A755C8244BAEA4E033DC65C91C80
maybe there is an angle we don't see , but they are all over New Jersey, three locations, I think
Yep: Teva certainly knows who Elite is too,
https://businessfacilities.com/2018/07/teva-pharmaceuticals-moving-u-s-headquarters-parsippany-troy-hills-new-jersey/
but they can't buy Elite just to shut down their Generic Adderal competition, that's against the law, but I'm sure they looked at it.
TDA says Friday next week,, we should get a presser Monday or Tuesday with CC to follow.
We should get a P/R early next week about fins to be released next Friday, and CC on Monday, I have to walk it back a bit on my predictions, going with 7 mill for the quarter.
cant find it on my android just yet, may take a while, and waiting for a presser and some splash
LOOKY LOOKY LOOKY
Raadr in apple app store
https://www.apple.com/us/search/raadr?src=globalnav
Lannett got some Pub, using Naloxone for overdose.
https://finance.yahoo.com/news/10-pharma-companies-making-treatment-133400052.html
we make Naltrexone, or Revia, same result just different, used in SequestOx, too bad the big boys shot it down, IE Purdue, but those days are gone. Every dog has it's day, now it's our turn
Well now, Nasrat may be enlightened, but you would never know about that.
The MKT CAP reflects that billion shares outstanding, if it's a 6 cents then you have 60 million Mkt cap, if it's at 4 cents then you have 40 million mkt cap, simple math
Pfizer’s decision comes days after Oravax announced it is working on a COVID-19 vaccine pill, as I wrote for the Deseret News. According to Business Insider, the Oravax pill will enter the first phase of its clinical trials later in 2021. That would be the first step in determining whether or not the pill can work as a vaccine.
Now didn't I hear that the feds made it possible that any Pharma may get the formula for the vax. or words to that effect.
Fauci wants a pill, Pfizer is working on a pill, Elite makes pills,
https://news.yahoo.com/fauci-floats-pill-knock-covid-203613796.html?fr=sycsrp_catchall
wonder what they are working on in India ?
Wow!!!! Elite just got somr free pub, in a sort of round about way.
https://www.self.com/story/simone-biles-takes-medication-for-adhd-and-she-has-no-problem-letting-everyone-know
She has 6 million followers
Just cked, raadr is in the app store, Apple.
Yes, I've seen that too, cross trades, but a billion will draw attention, two billion cross trade, with a high profile, could spell trouble, I only got a hundred bucks on this one, won't spend any more, let's see how it plays out next week.
Not to be optimistic but in the past few days it looked like about 2 billion shares have been bought up, looked like about a million bucks per billion if my math is correct and Ihub was reflecting the numbers spot on, well that's two mill. someone just dropped on this sub-zero, people don't do that unless they mean business, that's not retail. we shall see next week what happens when the App goes on sale, and if they can make a big splash with the Press releases.
Purdue is going BK, looks like they have some meds they are working on,
The agreement, supported by longstanding holdouts including Massachusetts and New York, sets the stage for Purdue to gain court approval in coming weeks for its bankruptcy plan, which the company values at more than $10 billion.
That value is contingent in part on future donations of overdose reversal and addiction treatment medications the company has under development.
Maybe they called Elite, who knows.
could be a break out day, 195 on the ask
Hey Snup, good to hear from ya, My 2 cents:
LaPree has been there now 8 months, I thought he was working on OX, didn't he help develop it,mem loss, also I see no form 4 for LaPree, so he must be taking a salary, . Now Nasrat says, only pressers when there is a material event IE , ANDA or NDA accepted by the FDA, but will not divulge any information, that is, what they are working on, for competitive reasons, which is understandable.
Now we go to India for trials, then they get slammed with the covid, so we wait again, but Nasrat could have told us, investors, that he went to India for trials, do a little spin doctor, throw us a bone, in the meantime the stock tanks.
we need a little Word Up from Nas.
Good for you YJ4, I'll be looking to buy another 50k if she keeps going lower, as we all can see she is trending, without news, every day.
You've said that like 3 times now, you must be in the know, any way Nasrat retires is that is a very sweet buy out, who could it be ? JNJ, Merck, Astra, or any of the top 10, this is getting exciting, you must have heard some rumors
Oh, elichen, it's good, every pharma in the state knows about Elite, lately, they have had to circle the wagons, all Nas has to do is get a few ANDA's going and it's (Katey bar the door) they run a clean machine, pass all the insections and run a tight ship.
New Jersey is respected globally for its strength in the biopharmaceutical and medical device industry thus the name “The Medicine Chest of the World”. The State is home to 14 of the world’s 20 largest pharmaceutical companies, including Novartis, Merck & Co., Johnson & Johnson, Bristol-Myers Squibb, Novo Nordisk and Bayer Healthcare. Also, New Jersey boasts a well-educated workforce with a high concentration of scientific professionals.
they just need a good break and a little luck
I see over on the FDA approval page Aurobindo just got Nifedipine locked up, ANDA, right after Elite disc. but Elite never made the drug, lol, so I looked up Aurobindo, they are HUGE in India, bigger than GlenMark, further more they have a Pharma site here in Jersey, go figure, ya know, every time I do DD on a Big Pharma, they always end up in Jersey, Elite is surrounded by the big boys.
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process