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If ELTP goes up, thats great, shareholders making money
If ELTP goes down, thats great, shareholders can buy cheapies
If ELTP is stagnant, thats great, nobody is selling
The warped, birdbrained mind of a S4Bs penny stock investor
No wonder ELTPs share price is cratering, the kiss of death Drugdoctor is now one of its cheerleaders lol
Big volume coupled with a down day is usually not a good omen
TICK TOCK
Maybe that person was right saying ELTP MUST close that .123 gap
Im going to place a bid for1,000 shares at .123, just in case
Wrong.. its worth what its valued at today whether you sell it or not
Try using your ELTP shares as collateral based on Wednesdays price lol
How much money have you lost in the last couple days owning ELTP?
Why is ELTP collapsing like this?
I grew up wealthy.
Dont know about cockroaches
Apparently, you do
Sure is quiet around here.
When ELTP makes a move up, you cant keep up with the machine gun pace of drooling posts.
ELTPs current bid of .1521 is the exact initial exercise price of the CEOs 79,008,661 toxic, CASHLESS, ratcheted, anti-dilutive Series J Warrants
Its shameful the CEO and board would approve the issuing of such a toxic instrument to the CEO.
These are normally reserved for toxic funders and other sleaze.
Sure hope ELTP doesnt close below .17
That would be real bad
Remember all the FFTC trades you made at .20+???
lmao
Stick with cheerleading, Anything more complicated will confuse you, as you just demonstrated
Hey dummy, have someone read this to you
Those warrants have a CASHLESS provision meaning, the CEO can exercise without paying any cash to Elite
Instead, he can exercise and retain the amount of shares equal to his profit on the stock
Further, those warrants have ratchet protection. Generally, any issuances of equity during the period made at a lower price than the warrant exercise price, can reduce the warrant exercise price to that amount
Fortunately we have Weezuh as a shareholder
He will make sure the CEO and Board are held accountable at the appropriate time
But you are spending time on it.
The .166 bid is holding strong so far
GO ELTP!!
Someone said the .123 gap had to fill..
Sorry about those 21's you loaded up on
Yes, anyone waiting around to repost twitters to a MB is a flunky
Especially one that pretends to be an IB but intimidated into not disclosing which firm lol
Like I scolded you previously, you were a lowly broker at a schlock penny stock firm that went belly up. You pretend you held that IB position because theres nobody here that knows your identity to dispute it
Your problem is I know better.
I know youre a dope.
I know I can grill you and put you to shame about investment banking
SO, hopefully Ill forget about you again and you can continue your reposting career for worthless penny stock companies
My guess is, you know the ppl at PCT and are hoping they throw you a bone for doing this pathetic service.
Did I get that right too?
Mikah slipping into the picture with Sungen came about through Elites relationship, of which NH is CEO of both companies
In such a situation, Elite was entitled to fair compensation as a finder, at a minimum
It also requires a fairness opinion by a qualified, independent author to confirm the transaction was done at arms length, notwithstanding the inherent conflict of interest, and meets all the standards required for such a sleazy and concerning transaction. It would also establish a concerning precedent of future potential Elite transactions while Mikah remains operational and the dual-CEO its conduit for transactions made available to Elite
Basically, PCTs flunky
Maybe thats why Elite has
NO NASDAQ
NO INVESTMENT BANKER
Maybe shareholders would be up 1,000% if not for the hijacking
CEO is making a bundle with his personal piggy bank (the never ceased operations as stated in numerous SEC filings) Mikah
He sure outsmarted the Board and shareholders.
Sure, he'll sell it back at a time most beneficial to him, if ever
Im sure $0.15 is a lot closer to $2 than it is $4
what a hero lol
How come Mikah hasnt ceased operations years ago as was stated in multiple SEC filings?
Are you considering filing complaints with the SEC and various state regulators about this?
Was the CEO pulling a fast one by disclosing in multiple SEC filings that his personally owned company Mikah was ceasing operations but has not?
What else is in SEC filings that isnt true?
Sure hope ELTP can get back to .21
Looks like this Mikah thing is becoming a bigger problem than most believed
The CEO was talking nasdaq within 2 years way back in 2017 or so
Now it's 2024 and he's questioned about the possibility of nasdaq within 5 years and he says, cut that in half lol
He's got a short memory
Stop relying on me to constantly educate you.
Do your own DD, sonny
You might learn something
Did ELTP ever fill that .123 gap? Hmmm
So if Elite only gets 40% of the market, thats $2b/year...
Greatest quarter ever (-5%)
Whats wrong with this picture?
The fact Prasco is included is not comforting
Someone said yesterday would be the last we'd see ELTP shares in the teens
But most of the day, ELTP has traded in the teens
Go figure
Why is ELTP down 3%?
How long ago was the CEO forecasting NASDAQ listing in 2 years? lol
Heard that same nonsense multiple times starting 7-8 years ago
This 10-Q inclusive of Prasco - OUCH!!