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maybe some day we can have 4 conference calls a year. maybe. I envision Nasrat giving us some company updates. I envision Carter giving us the financials rundown. fingers crossed.
thanks, Captain
LMAO. LMAO. 5m is still positive. we are still officially negative, so they can pay off their debt. We can't pay off our debt with negative profit. See the difference? Please post a filing that says we have gross profit Please. LOL LOL
yesterday you implied we couldn't file Sungen #5 bc we don't have the funds bc of the lack of authorized share increase. If we have the funds to pay off 3m in debt, then surely we have the funds to file #5, no?
a company with 40 million a quarter in profit can pay off 606m in debt a lot faster than a company with 0 profit can pay of 3m in debt.
but that all begs the question why even worry about it at this point. Do we have any real need to worry about NYSE rules? It's fine to try to do that as a practice but when a mistake is made, I don't really see a reason to bend over backwards to fix it. Even if we uplist in the future, I don't see that it could hurt us retroactively. if there is any real complaint here, it's that Nasrat is being too ocd.
FAKE NEWS. Just be extra cautious. Not a screw up.
.50 would put our mc well above Lannett's mc. Lannett had something like 130m revenue and 40m profit in the last reported quarter iirc. They also have a better portfolio and marketing and distribution capabilities. I figure they're undervalued bc of legal matters, but there is still no way to justify us being near half buck per share. we prob won't have 10m revenue this last quarter. We have long way to go.
so we bested Enron yet again. Little ole Elite is really something.
then don't vote no this time around.
and financing shouldn't be an issue now that we're cfp.
don't see any reason to get all excited over this. none of this is going to decide our future either way. Does this affect our ability to make or sell our drugs?
I don't know but based on the odds I would say it has happened more than once before.
no, I don't know what was discussed today.
why are you saying this
Now look up the difference in quarterly revenue each company last reported. That's the real difference, not exchanges.
that's why it's good to have authorization to print a lot of shares out of thin air.
it's 20, not 10. As of November we had 18 anda's per Nasrat.
pure bullshit
sure bc they wouldn't be guilty of fraud if it were just an alleged agreement. first the agreement didn't include Lannett. Now it's just an alleged agreement. If I show the signatures, then it will be anybody could have forged those signatures. If I prove the signatures are real, then the paper would be fake. If I prove the paper if real, then the temperature of the room was too high. or was it too low?
yeah, we are rofl.
that makes zero sense. what I posted is from the "new deal.....with Lanett".
First of all, manufacturing fees are more lucrative than licensing fees. Secondly, licensing fees are "percentage of sales, profitability, etc". In the SunGen Agreement, for half the products, we receive the profit split money from Lannett and then pay SunGen their portion. On the other half, SunGen receives the profit split money and then sends us our portion.
It went up. was up over 15%. Is this a trick question?
Disaster? up 7.5 % is far from a disaster. That's a solid climb. Maybe it'll be a "disaster" again tomorrow.
guess 4 hours late is better than never
not running to 40 cents. might run to 13 or 15 cents if Nasrat doesn't turn the tap on.
calling it bullshit is just speculation
Don't know if this will add much to the conversation but this is from the most recent conference call:
yeah, that's the real nonsense of this whole line argument /s
this is not proof. and no that is not the absurd part.
present some proof that Elite can't if it's that important.
but a nano second is more than never, isn't it. I'm not a doctor, but I'm pretty sure a nano second is a lot more than never.
looks like it was over 12 for about a month and over 10 for a combined couple months or more.
never? wasn't Elite a $20 stock once?
what does that even mean
wrong. That is not how the deal works. Most of our revenue will be from manufacturing fees. we are not splitting the revenue from manufacturing.
And to be clear, Nas's comment included "....Elite, Lannett, and SunGen", so the $160M is really still $160M.
bc it's a much bigger deal for Elite than it is for Lannett. Just bc it isn't a game changer for them doesn't mean it isn't a game changer for smaller companies. Compare their revenue to ours to see why.
first of all, there was no guarantee.
I guess 20 years ago was before the market became this omniscient mythological creature? Exactly how far back can we go on the timeline of the great market?
ah yes, the all knowing market that changes its mind more often than people change underwear. The same market that once thought we were worth twenty something dollars ps, right? of course, that was pre dilution, but the all knowing market should have known dilution was coming and planned accordingly.
just more proof the govt is only interested in shakedowns. It's just passing money from one thief to another thief.