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If you had to guess... where do you see the PPS after our conference call???... I’m here for the buy out but I know many others are just looking for a positive move forward.
And no correlation to the promised .07 cent shares coming..LOL LOL
N2k thank you for your analysis... I like those numbers ... We are about to blow the cover off here in the next six months..
Haha ... this opinion is offered every time just before we get good news...?????
Not trying to debate this... Very easy to sit back with the benefit of hindsight and criticize..never giving any credit.
Like I said.. Everyone has an opinion.. I willing to bet that some opinions won’t change even with a share price much,much higher than it is currently.
Of course, it’s Nasrat’s fault the political climate changed.. too funny
Fact remains as we all know today. That at the time of the CRL the government was all ready moving away from opioids.
FDA was going through multiple regime changes.
Every Pharma was having a difficult time getting any of their drugs approved and some pharma’s discontinued their opioids.
Throughout this timeframe. Nasrat has been blamed and criticized unjustly.
Please share with the board the share count prior to the CRL to the present time... IMO.. Nasrat has been very frugal with the shares once he realize the FDA was going to continue to move the goal posts...
But we all have opinions...
We should get a better sense of Lannett’s capabilities in this quarters financials. But based of last quarter results. We are all going to be surprised and happy thatNasrat snagged this partner for sales and marketing.
Contrary to what was said when we sealed the deal...
We can confidently project that Elite will sell every bottle of pills to fill the government’s quotas though...
Well this one may come up again....LOL LOL LOL
Hohum as in .25 cents?.....Hohum as in .50 cents..?... Hohum as in $1.50 ...?.......
Gee the cost of the coverup was astonishing... pay Scientist, operational cost, pay for patent, pay for Trademark, etc....
Yes this sounds more like a CEO who lives in a Hotel during the week the save the company money..
The one who at one time loaned Elite $1 million dollars... AN UNSECURED LOAN..!!!.. yep sounds right..
Yummy..!!!.. that Koolaid tastes great LOL LOL LOL
Then after the CRL was made public.... Nasrat hired two Scientists to tweak SequestOx to address the Tmax issues..which was successful, this in turn created a new patent to be registered... The claims are that all this additional cost and planning and generating a new patent was all done to conceal and deceive shareholders that the two bead system was a failure from the start. Hmmmmmm....seems accurate ( sarcasm )
And Nasrat already stated at the shareholders meeting.. that there are no plans going forward with SequestOx for at least a couple of years.. He’s words, not mine... JJ was at the meeting and he can support what was said.
Yeah I get it.. in theory that’s why I invested here.. But the political climate changed... Nothing Nasrat does will change that climate... only time will.. anything else will have a certain risk/reward assessment to it..
Nasrat will have no control over weather Drs will take on the risk or hospital’s ..
Not saying it wouldn’t work.. Just think it’s too far off in the distance now.
IMO... Nasrat might continue to advance SequestOx when we have the money... But I don’t see it getting launched...Will be offered in a nice buy out package from a big pharmaceutical company that could handle the litigation...
Not sure why Nasrat would rush to get SequestOx to the market even if the FDA approves it in this political climate..
Almost guaranteed that one someone, somehow would abuse it and definitely start litigation against Elite. Currently the courts are awarding huge settlements against manufacturers. I just don’t see this happening in the next couple of years.
Why would Nasrat welcome this?
By then Elite will accept a Buy Out offer...Just my opinion..
Repost:
I emailed Dianne... this is her response to the Yahoo Finance post today...
Dear XXXXX,
I am of the opinion that this “investigation” is completely without merit.
Levi & Korsinsky and other law firms like it frequently announce investigations, whether the investigation has merit or not, as a way to provide business for themselves.
Elite is an ethical company and abides by the law.
Best regards,
Dianne
Unfortunately no matter how promising our near term is... This is a penny stock...and people are going to continue to flip in and out every few ticks. Just the nature of the beast here.
I emailed Dianne... this is her response to the Yahoo Finance post today...
Dear XXXXX,
I am of the opinion that this “investigation” is completely without merit.
Levi & Korsinsky and other law firms like it frequently announce investigations, whether the investigation has merit or not, as a way to provide business for themselves.
Elite is an ethical company and abides by the law.
Best regards,
Dianne
Timing of this is very suspicious
Redoocs... I’d have to say you have impeccable timing??.. Congrats
2 million in volume by lunch... leaks of news coming tomorrow or Monday IMO..LETS GOOOOOO....
What in your opinion is the reason why so much effort is being made to keep it under .10...??.. I realize Nasrat can’t use Lincoln Park under .10..
Nice break above .10 today... let’s close above it and make it resistance..
News is expected any day now..volume first
Thank you... launch any day now
Hyder I agree... Lasers (God rest his soul) spoke so highly about Elite’s two bead system.. I agree the technology is great. Nasrat will put it to great use at some point.. Until then.. the technology and patents look real good on our resume for a Buy Out or Merger.
Nice read sharkey1...I know one a day.... but if you had to guess... who do think makes a great fit for Elite...?
Teva... has always been my top guess... Huge generic company and the worlds top producer of API.... but lately I’m think more of a big merger.. Nasrat and Carter Ward are relatively young guys... Nasrat doesn’t need to work now...just some thoughts
Back to back record quarters says differently.. but we all have opinions
It sure is... the only thing holding it back is when people look backwards instead of forward.
We are no longer a one trick pony.
Agreed JJ.. that’s why I shared .. amazing how our culture is so different and how different things are excepted. Big pharma I guess.. if you have that much money you can push any narrative you want.
Just an example of where the consumption of Oxy is in the US compared to Europe. Notice the direction of the trend line . Nasrat knows what he is doing..
— Andrew Kolodny (@andrewkolodny) January 4, 2020
Loxapine Capsules
Status: Currently in Shortage
»Date first posted: 11/25/2019
»Therapeutic Categories: Psychiatry
Additional lots are scheduled for release in the January/February timeframe. Product will be made available as it is released.
https://www.accessdata.fda.gov/scripts/drugshortages/dsp_ActiveIngredientDetails.cfm?AI=Loxapine%20Capsules&st=c&tab=tabs-1
That’s some good DD JGD... but I think it argues for and against a reverse split ....
IMO a big merger or reverse merger or buy out is a more likely scenario here.
It’s the top of the stickies here posted by SCHH
“ low in volume, high in yield “ Nasrat wants to produce drugs that won’t cost a lot to make, yet yield high profits when sold.
Nasrat has definitely said repeatedly that he would entertain any serious buy out or merger options.
Not to mention... 5 days a week Nasrat stays in a hotel away from his family for the last five years. How much longer will he ant to continue this practice?
This is his baby. He will cash out with a buy out at some point.
I can’t wait to get off this exchange, but Nasrat was asked this very question and I can assure you he has no current plans of doing this.
I got a sense that Nasrat is fine with the PPS climbing up organically. He has stated that a buy back would not be a wise use of revenue in the past.
IMO the fact he doesn’t talk about the Nasdaq much anymore tells me he really thinks a buy out offer will come along soon or maybe a big merger is in the works..Just my speculation..
Agreed great volume today... IMO filing is imminent..