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When the approvals and launches continue. The revenue will continue to climb and so will the interest. Not if but when. Sorry but I can wait a few more months or a few more years if I have to.
How many years would your money be in the bank to get 10x or 20x your money???
You mean the CNS breadcrumbs that are worth three times the size of SequestOx... Yeah I put my trust in Nasrat.. thanks
Is SequestOx an opioid????.. He mentioned his strategy with those.
Only running the facilities on one shift... 5 days a week... plenty of room for growth... could do multiple shifts and work weekends.. no worries about capacity.
Nasrat being totally transparent...
A triple coming this quarter
Agreed... they will keep it under .10.. IMO
I believe we will need another LPC deal and an increase in shares to move forward and take away the “going concerns”... but contrary to all the cries about mass dilution. Nasrat has proven to be very frugal with the shares and the LPC deal. Again he has the most to gain or lose by all of this.
I also believe the shareholders meeting be moved was calculated because our PPS will look a lot different in the fall then it does now.
Nasrat’s prediction of a doubling of revenue was better than expected and now after a full quarter of Adderall sales . We can expect another doubling as predicted. Elite final hitting its stride. Revenues up and operational cost down.. Double...Double...Triple... coming...
Great post.. couldn’t agree more
Interesting read..
https://www.theatlantic.com/ideas/archive/2019/08/what-america-got-wrong-about-opioid-crisis/595090/
Among people who are prescribed opioids, addiction is relatively uncommon. The percentage of patients who become addicted after taking opioids for chronic pain is measured in the single digits; studies show an incidence from less than 1 percent to 8 percent. Most of the estimates are skewed toward the low end of this range, when those at risk (due to a history of substance abuse or, to a lesser but meaningful extent, a concurrent mental illness) are removed from the sample. In Feldman’s case, the nature of the risk was constant anguish. When she was 4 years old, her heroin-addicted mother left the family and died of an overdose before she was 12. “For so much of my childhood, I felt abandoned, worthless, unlovable, and confused,” she told me. Her first Percocet came from a girlfriend. “Being numb helped,” she said. Before Percocet, though, she had achieved “escape” with marijuana, alcohol, PCP, benzodiazepines, and cocaine.
That’s going to give you a nice stack Rocio....congrats
Beat this horse to death too many times about Elite’s ratcheting convertibles....complete rubbish..!!!!
No...it really does
Market is soaring... and yet all remain... make me laugh
https://www.pharmacytimes.com/publications/issue/2017/june2017/counterfeit-medications
If the trend of creating abuse-deterrent versions of IR generics continues, pain relief will undoubtedly become more expensive. I don’t see IR oxycodone, as it exists today, going away soon, if ever, but if these new drugs work, there may be pressure to prescribe and dispense them, like some of the ER CII pharmaceuticals. Insurance carriers will continue to push back on this, as the debate continues.
I see that you’re talking about IR opioids.. What I was trying to say is.. Is it your belief just because a junkie takes too many IR opioids and OD’s.. That there isn’t a market for the patients with real pain?.. That doctors won’t prescribe it??.. I’m sure I’m confused where you are going with this again.
Should we get rid of ibuprofen, Tylenol and likes??
So it’s your belief that just because junkies abuse drugs that the government should just disregard the millions of chronic pain patients that will take a prescription as prescribed by their doctor??
My thoughts...???... with Nasrat giving a estimate of December to hear back from the FDA plus the going concern language and the need for additional financing ... This has created a feeding frenzy for additional “Naked shorting”.... This too will pass....
Not one shareholder who didn’t realize Elite was going to need more money.. LPC is a good call to advance our pipeline..
Revenues double in 10 weeks.. and triple in 6 months.. CEO is on record stating this... easy money$$$$$
Yes please take it down more... revenue to double in 10 weeks and triple before this calendar year is over.
Thanks for weighing in N2k...agreed more financing is need but I like how fugal our CEO is... Sometimes it gets us into trouble.
Is there anyone here that doesn’t believe the FDA has been payed off the stall us left???.... I mean how obvious can it be. Nasrat sounded very frustrated with them. Does anyone have any political connections???
What...!!!!!... I was promised a CRL.... wrong again...
Financials to double in 8 weeks...
The corrupt FDA at it again.... When will this stop???
1-800-346-7359.... 98840
No one is privy to the profit split arrangement but Nasrat and the BOD... thanks.... revenues explained.
Thank you N2k... can not put a price on your expertise and proper perspective as always.
Share price has been manipulated for a very long time to keep it under .10 so that Nasrat can’t tap into its financing with LPC. It’s the only move they have left. The timing of the author’s analysis is very suspect.
With the launch of Adderall ER soon,the share price will move up over .10 and they will lose control and any worries of “ going concern”. It will be removed again. ELTP will have cash available again to move forward.
August financials will be a much better barometer for were Elite is going. By November Elite will be cash flow positive. Again the timing of the attack and manipulation is a last ditch maneuver by whatever or whomever does not want Elite to succeed.IMO... I realize people hate conspiracies theories. I use to be that guy also. But, this stock doesn’t trade like normal stocks comparable to it with much less going for it and much less in its pipeline.
I’m sure Nasrat will speak to all of this sometime this week. So yes as I have stated. There really wasn’t any bad news that doesn’t have a logical answer. GLTY
Total manipulation and weak hands... ELTP is in the best shape it’s ever been. Zero bad news.
Agreed... We’re looking at least 4 million IMO... with Methadone sales, new profit splits, manufacturing fees and Adderall ER sales now ramping up. Interest will start flowing back in here with the increase in revenue. GLTA
I was told nothing moves a stock but revenue.. which I believe is BS..Elite will show a significant increase in revenue next week.. But I think we are still two quarters away. Baring no big news before that.
It’s called cover your butt and run.... Good news is coming lol
I like CEOs that are focused on their business, not their stock price.
A CEO focusing on their stock price usually means their business IS the stock price.
Share price is screaming.... This is WAYYYYYYY.... undervalued
Tiotal agree with you....
Nice post JJ... it’s all lining up...just need a few more quarters
Agreed, We manufactured it and we are sharing in profit split. Focus has been primarily on the current PPS..
As FAKE as the “ tentative” AAN conference schedule?????