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Insane activity/or lack of! RS and uplist!
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I think the word is "delusional".
I don't see it reported anywhere! if you purchased every time you said you were, you would have more shares the Nasrat.
But, I'm now 80 years old.
I've been waiting for price rise for 10 years. Bought in anticipation of Sequestox. It's been all downhill since then
Except for us on this board and executives and employees I don't think anyone knows or remembers that Elite exists. Public relations??
Take a cattle prod to the executive offices.
A legal conflict of interest?
I'm 80 years old and have been waiting 10 years. I'm getting a little impatient. I think our biggest problem right now are the vagaries of OTC.
Not significant volume. We need NASDAQ to be noticed and the only way we will ever get there is a reverse split..
Another (not compelling) perspective (probably AI):
https://csimarket.com/stocks/news.php?code=ELTP&date=2023-06-30081254
I don't!
Does anyone expect significant volume on Monday?
I hope he mentions RS and uplist.
A first, I agree with you 100%! The whole Mikah thing taints Nasrat as self dealing. Such an obvious conflict of interest.
I think most holders, even diehard longs, would bail at .15, or even .10 and maybe .05.
Could Elite' new sales force represent other non-competing drugs? It's a stretch but could it be structured that way? More bang for the buck.
RS and uplist, 150:1
I'm waiting for someone to manipulate the price upward.
It certainly appears that Nasrat's dealing with Mikah and Elite is a conflict of interest.
12:20, less than $335 traded, including everyone on this board. Who even knows we exist? Some IR we have, pathetic!
12:20, less than $335 traded, including everyone on this board. Who even knows we exist? Some IR we have, pathetic!
Test the waters, put out a PR about a possible RS with a self serving explanation of why it is being considered. Include all our positives. Draw attention to our continued growth, our pipeline and our future prospects. IR, earn your keep! Yes, I'm 80 years old and tired of waiting.
Isn't this ridiculous, 11:20 AM and $32 total trades?
We will get exposure, stability and industrial investors. We then will be valued at what we're worth. This is one time that a RS will produce positive results ( assuming Elite continues cash positive with its very attractive P/E.
It will if it continues as it has. If it doesn't it won't matter.
How about 50,000 at $4.00 on NASDAQ?
RS and uplist
RS and uplist!
I agree , first time!
Very true.
Very true. Elite's value makes it a poor candidate for a reverse merger.
Three reasons for RS.
Attract more “smart money” [1] investments. Stringent rules guide the majority of Institutional investors when it comes to investment. Some define the minimum exposure to specific asset classes and prohibit them from investing in High Yield Bonds, while others include restrictions in the nominal value of the stocks (no investment in stocks trading under $5, for example);
It may increase the company’s reputation. There is a negative stigma regarding stock trading with a low nominal value, usually associated with penny stocks (high-risk investments). Besides, you can see that by the composition of the Dow Jones Industrial Average (DJIA) and the Nikkei 225, which are both Price Indices (the value of each share determines the importance of each stock within each index. It is not shaped by market capitalizations like the S&P 500 index);
It attracts more scrutiny from analysts and investors worldwide. A higher stock price increases the chances of appearing on the radar of several investors that otherwise would not even be aware that the company exists.
Enough is enough! We need change.
No, he has disappointed for 10 years!
We have had swings in price/market cap of 10% on 1000 dollar trades. Ridiculous! We need to get to NASDAQ. Nasrat has recognized this, has done a fairly decent job in the last few years, but here we are with declining prices. Unless we have an unknown flushed buyer in the wings, RS is our only
course. Wake up all!
Mostly! We are cash flow positive and are splitting only to get off and away from the nonsense of OTC. Anyone who can read a balance sheet would know that a reverse split would be a positive step.
We will get accountability and exposure to meaningful investors. We will go nowhere as a pennystock. I am 80 years old and more than willing to make the move. We need to do something. Looking for organic growth has proven hopeless. It's now or never. The traditional reason for a steep decline after RS do not exist here. Our trading volume is pathetic. We need NASDAQ exposure. I would like to see our potential realized before I die. No matter your age, you should feel the same. We have been waiting 10 years and have seen rising promise and declining prices. Can anyone say this has not been ridiculous?
RS and uplist!