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Please don't cry....
Short Selling!
Checkout what Verb technology is doing about their short selling of their stock. They are going after the short selling along with other companies that are being shorted on their stock. This is what Nasrat needs to do the same as Verb Technology. We will see if Verb stock is being shorted.
reverse split!
Still think there will be a reverse split this month? With all this going on!
NO!!!
March will be the Reverse Split. Think it will be a 1000 to 1. Better sell now!!
Elite Short Sellers
You guys should go to the Verb board. Their CEO is going after the short sellers. Lookup Verb going after short sellers. if they are successful in proving their stock is being sold short. Then Elite should do the same. There is other companies that Verb is joining up too in fighting short sellers.
Market Cap!
Market Cap is about 25 million. And revenue for the year about 79 million. Assets are about 54 million. And share price is just 14 cents! Share price should be higher? Company looks good. They just became QB status on the OTC...
Dark Pool
Here is an interesting website for you to checkout! Dark Pool data. And also look on how many shares are available to short. 5 million plus... And who has 5 million! https://fintel.io/ss/us/eltpt
More info!
Here is more comment from 6 months ago on LPC.
https://www.reddit.com/r/rkly/comments/s7xlrl/stay_away_from_anything_lincoln_park_capital/
What the Hell!
Then how come the past 4 years with income and revenue increases. The stock price still remains depressed? Like Nasrat said the stock is being manipulated. Lets see if it goes up next months 10q.
Yes!
Elite has an agreement with them until 2023. It is in the report. Granted we have not sold them any shares as per the agreement. But I think it is in Lincoln Parks best interest in keeping the stock price. Not sure of how many shares they have. But a good guess would be way over a million. Sure I think sometime soon they will let it run and cash in. Seems funny how the floor price for them to buy is at 3 cents. And how long has the stock price been at 3 cents. And elite has not sold any shares to them at that price. Maybe they are mad at elite for not selling them any shares and are shorting the stock on purpose. Nas seems puzzled too and says the stock is being manipulated.
Sure!
Elite has an agreement with Lincoln Park to buy Elite stock at a floor price of 3 cents. This agreement is until 2023. Now you think Lincoln Park wants to pay more then 3 cents a share? Check out this link please about Lincoln Park Capital.
https://utopiacap.com/lincoln-park-capital/
Sorry! You All...
But until the Lincoln Park capital agreement is dissolved. Which is in 2023. The Elite stock price will remain depressed. They control the share price. We can have all the good news we want. But nothing is going to move the share price until the agreement with Lincoln Park is terminated.
LPC
Greetings... yes but we are still in that agreement to sell stock to them. The agreement is for a 36 month period. So it ends sometime in 2023. Very interesting how the floor price is 3 cents for them to buy elite stock. And elites stock has been at 3 cents for a very long time. Also with the bank loan maybe we will end the agreement with them. Here is a link for you to checkout on LPC. I think they are the ones behind the low stock price.
https://utopiacap.com/lincoln-park-capital/
L.P.C. !!!
Here is a very interesting read on Lincoln Park Capital. All of the stocks listed have suffered share price decline. And they have the same agreement as Elite.
https://utopiacap.com/lincoln-park-capital/
Prove Not!
Prove that there is no manipulation!
Bayer! Talk about puny profits. Bayer profit margin just a puny 2.27% Also what filings do they have 10Q or 10K. Looking on the OTC they have ZERO! Also very bloated share count. Over 3 billion last time I looked.
Bayer...
Looks like they were delisted back in 2007! P.E. for them is not 25x But it is 54.4x Not very good compared to the industry average. Net profit margin for them was a puny 2.27%. Debt to Equity ratio is 96.4% Sounds pretty crappy. Also seems they are based out of Germany? Even more of a risk with the currency exchange. Also they are a PK stock. Not a QB stock. There is a difference. So do you own shares in them?
O.T.C Dr.L
We are looking for one on the OTC Dr. Also one cashflow positive with the same market cap as Elite!
Dr. L
Then tell the board why the P.E. for Elite does not have any relevance. Since your number's are more accurate then CFO of Elite.
Yes they did!
Prove they did not DR. L
show us no profit
Show us no PE
Tell us why Dr..
BUY BACK SHR.
what Sooum needs to do really is a share buy back of common stock. The reverse split they did is not forgotten by the market. Rookie mistake on their part for doing it to investors. They should take part of that 600,000
and buy back common stock to regain investor trust again.
JKJ... you are Dumb and stupid! LOL!
Remember He is Dumb! He cannot count! And therefor is stupid.
Right On!
You are so right Buck's. Sooum is treating its Shareholders like dirt. Bad enough with one reverse split. Now about 6 months later and another! You are not the only one mad. They are going to reverse split us shareholders right out of the company. I'm with you on this one. I see they do not have this reverse split posted on their twitter page. Would dare them to do it.
What a slap in the face to valued shareholders as they say...
READ NEWS SOOUM FACEBOOK
So what about the news?
How come the US Government is going to pay them money if they are a scam?
Please explain the news...
Government news Sooum
So no one has checked Sooum website for the most recent news?
They will be getting paid by the government for product shippments...
It is also on their Twitter page and Facebook page...
Surprised no one has mentioned it.
News Out! Target Action Date for ELTP
The FDA has set an Target Action date for ELI200. The date set July 14th 2016. For more look on yahoo finace. Go to ELTP stock info and you will see the news posted today.
First 10Q filings posted..
Should make us Current now on OTC...
Saving Grace...
Maybe you could do a little research on Robert Cashman. He is the new president of Supurva. Just a litte FYI for you.
Info For Everyone on SVTE!
FYI... Mr.Cashman is now president of Supurva HealthCare. Look on the otc website. SPRV is the stock symbol. Look at filing's for supurva. Robert Cashman is now president on Supurva Healthcare...
You all are very lucky indeed...
Info Reply...
From the last time I spoke with Mr. Cashman they were continuing with the healthcare business. Do not know about the last PR's if the info is correct. But Cashman said Dano's did a very poor job in running the company. Almost no revenue for the whole year he was CEO. I also asked him about a reverse split with the common stock. He said they are going to keep the share count the same. But who knows with that. I did notice Mr. Hood is a shareholder in one of his companies. Maybe Hood put him in charge of Supurva?
Here is Cashman number 714-538-5214. Give him a call. Also with anyone else on the this board.
Court Order on Cashman...
No I did not inquire about that legal matter with Mr. Cashman. But if you would like to know more about it. I'm sure you could give him a call yourself. His number is listed with the last filing. Since you brought the matter up that could be a little research for you to do. Go on give him a call. He does it bite...
Robert Cashman CEO...
Has anyone called the new CEO? I called and spoke with him briefly. Yes.. the number does work. In case you are wondering about the incorrect spelling on recent filings for word healthcare. From what Cashman said it was Danos that posted those filings. And is responsible for those misspellings. FYI... I guess there is going to be an update very soon. I also called Humble Energy also. I think Mr. Hood is a shareholder in that company or Service Team (SVTE). Should be interesting to see what happens from here on out.
Sooum's Problem..Export-Import Bank!
They are bidding on approx. 30 U.S. government contracts. Currently
the U.S.Export-Import banks authority expired. Small Foreign business cannot get government loans to buy U.S. products. Sooums government contracts Im sure have been put on hold because of this.
No wonder there has been no word from them on those contracts. I bet most of those contracts are for foreign buyers. If you go to sooum Facebook web page. They are following the Export-Import Bank.
Now if this was not Important to them... Why would Sooum be following them on their facebook page.
Export-Import Bank for Fed
The Export-Import Banks Authority has lasped! If you go to the website and see. This bank plays an important role in the way Sooum does business. Right now with it lapsed Sooum cannot do any new business. Check it out!
Share Exchange Agreement.
If you read into the 10k. Supurva still has not been issued their preferred shares yet. They are to be issued 67,000 series D preferred shares from LHPT. This is what may be holding the deal up.