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As in all penny stocks, the difficulty is passing the .01 for trip+ stocks and 1.00 for the others but the right news and growth/financials will take Elite over the top.
That’s cute!! Lolololol
Eltp
Adding value rather than BS are just not the same. I do find your deflection rather amusing, however, flipping the script already posted is just ridiculous. Now my feelings are hurt!!
Eltp
lol, which word would you use to substitute for the act of conflation?? Are you feeling inadequate today??
Eltp
Everything you posted was taken exactly in the context you intended. Again, the manor in which you conflate to now excuse your smears and context when called out is comical. Using a quote from someone who does NOT play in pennyland and conflating same with my post explicitly relative to and naming pennyland is also comical. Apparently, you just don’t get the difference. Your extreme desperation is just a bit too obvious. Sad
Curious, in which post did you predict Eltp running from the 02s to 21??????????? Quite funny when one can ‘lol predict’ the normal capitulation and consolidation after a 600+ % run in pennyland!!! You too funny!!!!!
Eltp
Ok, you just referred to most traders here as “dumb” because they have different trading strategies. Now, what you seemingly refer to as flipping for 1% certainly leaves out the fact that many at $0.20 were up as much as 600% which you somehow conflate with only 1% gains, that is certainly dumb and twisted to meet your agenda. Stupidity is, trading in pennyland and not recouping at least your principle when up 600%. But, pennyland is dreamland for many UNTIL they are in too deep. At this point it becomes desperation totally void of the realities of pennyland which leads normally good people to attempt to smear others who are simply trading in the market and actually supporting elite. SAD!!!
Eltp
I doubt 3% of Elite traders are here for a buyout. If some want to hold all shares and never sell it’s their biz; there are few that do despite the claims. Being up 300-600% in pennyland and not at least recouping one’s investment is simply a terrible/lose trading strategy. There are traders on every board who claim to own but don’t, there are traders here who significantly exaggerate their holdings, there are traders closing to buy more but their not and traders who have invested beyond their means who spend everyday with a knot in their stomach. BUT none of them actually control but only contribute to the ups and downs in a stock. Stocks will ALWAYS drop after a significant run up, capitulation and consolidation will always occur. Bottom line, there are no geniuses in trading other than software/algorithms and it’s wrong often as big money can defeat same.
Very interested to see this valuation math, enlighten us!!???????
“Stock today is worth .02 just on current share structure!! “
Zen
That’s funny, conflating % points going and down as the same!!!!Really, geeeesh!!!!!
Zen
And that would matter, if true, to my bank account how????? There are pumpers, bashers and then there are traders and the big money that runs a stock up and down. The latter is who runs the stock in either direction, all the rest is simply BS.
Elite.
lol, only because being the contrarian is the easy side of a debate, right??? Being a contrarian as a businessman, athlete or entrepreneur is a dead end road but is advantageous as a day trader.
I agree but certainly don’t care for peeps trying to play attorney, especially an SEC attorney, just does not play well or end well for anyone. I guarantee that one can get a class action firm on the phone, they will ask you to fill out a form for their review. They look at the this small $50mm Co, review the complaint and a paralegal will call you back and explain that they are available for hire but will not foot the bill on a class action.
The initial retainer will be $50-100k bucks.
Eltp
Additionally, the Corp court system in Delaware is meaningless as Musk has pointed out to the public.Just move the Co registration to a different state, pass go and collect your $55bb bucks. People who understand the Delaware Corp court system have always done this. Delaware is cheap which is the only reason to be there. As a private Co, the advantage is the actual owners’ identities will remain hidden. Musk was simply the biggest to blindside a Delaware Court. More to follow for sure!!
Eltp
Possibly, some filter BS differently than you. If, in fact , he/others are serious and principled people who believe the Co/CEO should be sued then they should do it and quit taking about it. Otherwise it is just BS!!
Eltp
Too funny, you didn’t have to mention Musk, I did and it is. Try harder, it’s probably easier to communicate with the bubbas on the board, you may even impress them weezul!!
Eltp
Perhaps he actually reads before reacting like a third grader. ALL of Elites transactions are public which requires reading beyond the third grade level. Perhaps you can sue the private Co for information if you and the other bubbas want to spend at least $500k. Good luck!!
Eltp
Lolololol, conflating the Musk case with Elite’s CEO successfully pulling the Co out of the gutter with his own money and the help of his other Co is laughable and extremely naive. Trust that the State of Delaware will lose at least 35-40% of its largest public registrants over this case.
Eltp
Being myopic toward negative ignorance and stupidly is pretty damn funny!
Eltp
The point is, the words/phrases you used incorrectly Mr SEAMAN Transportation novice. The CEO was probably notified when his cargo was loaded and he assumed it had left port or was in transit to sea. Apparently, your knowledge of freight transport is limited to Fed ex, etc. Try harder and stop with faux knowledge BS, stay in your lane and lecture us on flipping burgers or delivering pizza. I would not challenge your expertise of either.
Ifus
Thank you for proving my point, as expected.
Eltp
Really, how exactly does one debate negative stupidity? Sam Clemens, the best debater of his time always took the negative or protagonist side of an argument. Let me know if you know the reasoning for his approach after you look up his name, lol!!
Eltp
Every board needs comic entertainment!!
Eltp
I do see you stopped using Covid as an excuse, that was about as dopey as one can get. Happily Mr. Free Shares to Mr. No Shares simply doing his job towing the Co line with BS for his pal Riss.
Zen
Awe, my feelings are really hurt now. So, as usual skirting the issue coupled with dumb azz excuses. I think you should study up a bit and look at the ‘good’ pot stocks. As stated in my previous post, it’s competition stupid which has resulted in decreased flower prices as well as black market sales competition.
No one gives a chit about a small STAGNANT COs gross profit at $15mm/yr with no net profit. The CO will go nowhere re pps without consistent growth in revenues and a good NET PROFIT. Maybe you forgot how often you touted the merger screaming $19+mm in the first year which seems to be the real dumbazz posts. Only an idiot defends no revenue growth and no net profitability with cutting expenses. Every CO needs to cut expenses to stay alive and you think this is an amazing managerial accomplishment????!!!??
Try another dumbazz post with irrelevant stats per the previous posts or just answer; where is the revenue growth consistent with upgrading the facilities and increasing geographical sales locations?? Try harder to stay on topic rather than BS your way through it.
Zen
They spend very little fixing units, nothing major is fixed and is simply sent to auction. They do light body work and spot paint when needed.
Not quite, you are forgetting the wholesale/auction facet of the biz.
Loaded/moored, inland waterway transit and at sea are different terms. Loaded/moored is a result of many things, the two most common are coast guard detention orders and breakdowns. Yep, ships do have many break downs. Many are still able to transit inland under tow/push to get to a repair yard but are not ‘sea’ worthy. Ifus
Now that’s funny, we should see a salary breakdown with the audit re execs.
This is basically the same Zen revenue back when merged with pvsp three years ago. I just think the competition, including black market, is overwhelming. They are still stuck within the confines of the original market area. Hopefully, without CDs, they can get the private funding and right execs needed to expand into other states. I also think they do not have the marketing personal necessary to make deals/JVs in other states; apparently, this guy German has no credibility outside of his own limited market. Hope I’m wrong but don’t think so, nor does the market thus far. Riss has a long history of dealing with would be amateur so called execs and with no credibility. We are traders and the proofs in da puddin!! We will wind up here waiting for another BS deal with pvsp, three of which have been really great to me.
Zen
I believe you have missed the premise here. I’m not talking about gross/net profit and expenses. Despite upgrading facilities, leases, partnering with other growers and expanding operations the Co has been on a NO revenue growth trend for years now. Also, don’t think for a second that Zen will be debt free except from old pvsp debt/CDs. The Corp expenses now listed under pvsp will remain with Zen as a public entity re financial reporting, audits and reporting.
lol, must be whispering in the fields.
Eltp$$$
Some but most are not traders. You will never hear them post re chart, trading trend or stat signals. It’s all irrelevant!!
Eltp
Hahaha, you trade on a ‘heads up’, lolololol!!!
Eltp
Don’t know what is going on, upgraded facilities, increased production/capacity and expanded operations = no revenue growth??????? Not adding up imo!!
Zen
Spot on post. Had a friend recently inherit big $$$$. Could not talk him out of using his bank to invest his money. He learned his lesson very quickly and is with a good investment firm. Getting a broker license now is as easy as getting a real estate license.
Eltp
Btw, on top for the last 53 years and only an idiot would conflate financial acumen with Dimon s name. Or, please fill me in on how financial acumen, understanding financials re pubcos and trading, has anything to do with the name of a CEO or who the CEO is!!! Please explain as I’m curious!!! Your financial acumen is what , watching Cramer, lolololol????
Eltp
Dimon is ok, still crying about your lol vote????
Eltp.
Haha, someone named bubba should certainly know that hogs get slaughtered and pigs get fat!!
I don’t know that it would have had much of an effect compared to no growth. Don’t forget there was no growth despite the upgrade of facilities and increased areas of operation; I have a hard time grasping this from an operations perspective. There is no discussions about the Zen on the board other than BS and talk about the spinoff. I believe the management to be very apathetic about their own circumstances and lack of forward movement. The newco will need new experienced public co growth execs.