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Yet the FDA didn't saying anything about Elite's technology not working. Were there any results that said Elite's adf didn't pass the efficacy trials? Nope. Elite's "adf crap" works just fine. Only problem is that Elite's skid greasing mechanism was never activated.
I'm pretty sure the test was already done before this last cc.
yep. shame on Nasrat for not fixing the FDA corruption. How dare he not work miracles.
Transcript for June 24, 2019 Conference Call
https://seekingalpha.com/article/4271878-elite-pharmaceuticals-inc-eltp-ceo-nasrat-hakim-q4-2019-results-earnings-call-transcript?part=single
the quarter ending March 2019, we earned roughly about $1.3 million during that quarter. Our earnings for the quarter ending in June 2019, this current quarter I expect will be at least double that. The quarter ending in September 2019 will be just as good as this current quarter, that is twice as much as the quarter before and the quarter ending in December 2019 should be three times larger than the March quarter.
The FDA certainly screwed us, but Nasrat shouldn't have given them the opportunity. If he knew there was no other recourse if they lied in writing, he should have done the test.
Have these official proposals been sent already? They are due within 2 days.
That pr was March 11th. True he did say "few weeks", and Nasrat has proven to be correct. Generic Adderall was launched a few weeks after that and not "two and half months later". We are still less than "two and half months" after that pr.
Elite didn't launch generic Adderall, so why would anyone expect Elite to release a press release on that topic?
I know of no time when Nasrat said "a few weeks" or "imminent" launch regarding generic Adderall
hehehehe yes it is lolol
Any supporting evidence? All I see is conjecture.
No, one needs a license to do such a thing
I bought all of my shares well below 39 cents, including one third at 9 cents
the total market size of the pipeline products that we are co-developing with SunGen is $6 billion.
the total market size of the pipeline products that we are co-developing with SunGen is $6 billion.
Our SequestOx will constitute in revenues less than 1% of the products we are working on today.
SequestOx instant release has an IMS Data for all of the generics in the market of about $400 million to $500 million.
Percocet is $700 million.
Norco is $700 million.
OxyContin is $2.5 billion.
Even though SequestOx is a very important product for us, because it was the very first one we started with that validated our technology that we ran the HAL studies on, that we are very excited about. It truly is today. This is not four years ago now. Today it is a small percentage of the product that we are working on.
no credible analyst is authoring a piece suggesting this possibility could be imminent for Lannett, either.
Sorry Elite is not screwed up. Know the easiest way to tell Elite has a good future?
yaaslm
every single company on the planet could go bankrupt. Maybe Nas should have partnered with a company from a different planet
wasn't .97 interesting?
So we're exceeding expectations then
we'll know soon enough, won't we
exact same amount of proof of that as the final final can never be changed program.
$5 is above a dime, so yeah
still waiting for a screen shot of "final program".
no proof offered. case closed. lolllllool. lmboooo.
tentatively scheduled for 15 minutes but they'll probably talk about the results for an hour.
I don't see those words any where on that webpage.
I have no interest in socialized medicine. Just vaguely making a point.
true but most are homegrown and shareholders themselves.
And doctors.
no evidence presented
not a good idea to sell low and buy higher later
why mark the post? What then? If it's wrong, what can we do? If it's correct, what can we do?
You theorized it's a bust. Can you concisely define what you mean by "bust"? "Bust" can be very vague and subjective.
I predict it won't be boom or bust. It could be an absolute slam dunk home run and still doesn't mean the sp would be skyrocketing.
pleading guilty to a felony charge results in disbarment from practicing law, but I'm sure that's Nasrat's fault too.
Please provide contractual evidence any of the following BS is true.
Still waiting for contractual evidence any of the following BS is true.
“If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.”
– Warren Buffett
yeah but they've proven they can sell 100 million dollars worth of a single product. That's pretty good and all that matters for Elite. Lannett's losses and market cap do not matter for Elite. si
This POS still isn't .02, is it?
hahahahahahahahaha
no evidence presented. case closed.
must be a great deal. no must be a terrible deal. No, wait, we don't know the details.
Is that a problem? NOPE. Not for longs (and by longs I mean all Elite longs on the planet).
It is a problem for "shorts", and by "shorts" I mean that in the most general sense possible.
I heard Glenmark USA is going to be sued for stealing their parent company's logo.
Hahahahahahahahahahaha