Im told this stock is going to $2-3.

Why isnt there a feeding frenzy of buying going on

Dont you agree ELTP needed to close above .15 today?

Why is it failing to do so?

I think you know

Thoughts?

Not looking good for that .15 close.

Maybe there'll be a last second fftc push to get it there

I sure hope so

Sure hope ELTP can close over .15 today

Didnt Elite bury a previous CRL in a 10-Q or 10-K filing instead of an 8-k?

The CEO may feel a CRL is not a material event in certain circumstances, like a very small market drug etc

What about the first bankruptcy run ELTP made from phony Sequests 39 cents to 2 cents? lol

I recall your boasting about buying it all the way down froom the 30s as it was cratering because of the CEOs apple sauce fix hahahaha

Just saying it makes it so, right??

Wheres the evidence?

Yawn

Whats your explanation for the almost 40% drop in share price off what you characterize as the company's best quarter in history?

Please dont say the worn out, boring excuse of shorts or manipulation etc etc etc

This reminds me of the Sequest days when so many professed to loading the boat in the high 30s only to see it collapse into single digits. In retrospect, loading the boat was a very poor idea

Recently, ELTP was just a shade under .21, its currently around .13

Last time it was Sequest disaster

Is the mess with Mikah the catalyst or revenues not meeting the glowing expectations the CEO projected?

Thoughts?

Not to worry, wealthy billionaire shareholders here are waiting for money clear up (rofl) before they can buy any more shares

Instead of billionaires, maybe thousandaires? haha

Im confident ELTP will not break below .10 today

Whats the matter billionaire, dont have the cash available? lol

WTH does this mean?

I love watching ELTP struggling and fighting to cross .14

Its like watching the salmon swimming up stream into the waiting jaws of grizzles, maybe not

Depends on what news comes out after the close

I think he means he'd rather invest in something thats rising instead of holding ELTP shares that keep tumbling down with no catalyst on the horizon.

Perhaps we get some news today after the close on a Friday (sound familiar?) that might explain the action in ELTP

Yes, thats possible

but I read the same thing back in 2016, short memory?

Some posters have negative opinions about certain things Elite related. Nothing wrong with that.

On the other hand, those with positive opinions of Elite greatly outnumber the negatives. Is that also a concerted effort?

Besides, you know what you own, right?

So whats the problem??

Give it a rest

If anyone called out generex perfectly, it was me. Scam from the get go. I am a hero

Everyone agrees

Short interest has continued to increase since Nov 2023.

Whats going on here?

Will be interesting to see the next short interest report due very soon

Thoughts?

Dont you have the $$ now to buy? lol

Im sure the CEO regrets conducting suspicious business through Mikah and is sincerely sorry for creating the nefarious appearance of self dealing

In light of the above, I expect the CEO to both cease and wind down Mikah operations in the very near future to maintain what little integrity that remains

Is it possible word has leaked out about a CRL and the stock is reacting accordingly?

So you must believe the CEO was either lying or misleading investors with the Mikah is ceasing operations and winding down in Elites SEC filings

How do they get away with stuff like this?

Might have something to do with the selling and price decline.

I wonder if anyone ever submitted a question about this for the cherry picking Q&A session during earnings calls. I dont recall if the CEO ever addressed
Oh, and the slight of hand he uses claiming Mikah is a private company so its nobodys business. However, he knows Elite is a public company where it is shareholders business.

Should investors postpone buying shares until this is cleared up?

You may want to check that because I recall reading in multiple Elite SEC filings that Mikah was winding down and ceasing operations

Why would Elite file such a thing over years when it appears it is not true

,

Sure glad someone bought 1000 shares as the last trade to prop up ELTP

Thats a real big help Im sure shareholders are very grateful for

When will the secretive, unidentified, mysterious activist investor be buying more shares?

ELTP needs help.

Have you been the shorter all along?

You are

Why is ELTP still going down and not up?

Did anyone ever identify Elites activist shareholder? rofl

Is it true Elite has activist investors?

Who came up with that nonsense?? lol

Whats Mikahs cut in this deal?

It appears your ignore button has malfunctioned when it comes to my posts or youre just a lying m***********

Do those nefarious posters move from one stock to another as a team spreading phony factual due diligence to con investors?

Are they being paid to look so stupid?

What day will you be adding shares this week?

Eh, yes it is new dilution

The issuance of new shares to cover the accrued salaries etc, which in turn reduces the shareholders percentage ownership in Elite is the vey definition of dilution

Egold was a real dummy.

Total amateur with no business sense whatsoever. He got so humiliated with his Factual DD, it was forced to abandon ship here.

I dont know who was worse, egold or that uneducated dumbbell DE

Thats almost 130,000,000 shares being registered, meaning unrestricted and available for sale

Theres no way to spin this as good or neutral news. It potentially adds great downside pressure to the stock price.

Agree that the CEO is gonna hold but what about all the others? A sudden windfall for them as many of these shares have a cost basis much, much lower than current share price

Stop slinging your usual BS

Look, youre nothing more than a cheerleader with very little to offer.

Regardless of whatever Elite does, even getting a new potted plant for its reception area, you think it has to do with the company being sold for $billions

What a goof ball

Wonder why the filing was made the night before a long 3 day weekend lol

Penny stock investors so gullible

Like I said, an S-8 filing means all those securities are registered and may be sold in the public market. When you dont know what youre talking about you should learn to be quiet or get an education