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Here is the exact quote and context; it is from June of 2018 if I'm not mistaken:
The FDA disagrees. No mention of 2 bead flop in their letter to Elite.
Collegium is up 2% right now. We're up 9%.
it's going to have to be cheap and/or it's going to need Big Pharma support.
I have to agree with those who say the technology is dead. The current technology can't be made cheap enough to compete cost wise. The new, unknown technology probably can, but that's years away. Nasrat is clearly saying read between the lines.
the nonsense that they're outrageous claims?
must mean none exist
zero counterpoints presented
what is our management doing wrong in present times, the last 6 months to a year? What should they do differently in the near future?
a company has to be profitable for a minimum number of quarters to qualify for the Nasdaq. secondly, it is highly unlikely Elite will ever apply for the Nasdaq anyway. We would almost definitely go for a different exchange. RS talk below $1 is pointless.
is there any proof? I see no evidence of that?
yep the slickster must be trying to funnel money out of the company into worker's hands. how dare he?
guess that proves it. We can't possibly succeed tomorrow bc we didn't succeed yesterday or today. No successful companies ever succeeded without being successful already. lol jl
just like Nasrat will never get anything approved or find any partner at all ever
I agree 100%.
Merry Christmas
what does float matter? the discussion was based on market cap and not pps.
I agree completely, but there is zero chance of buyout for several years. No buyout. No collapse. No bankruptcy. probably no Sequest. no Oxycontin. no uplisting for couple years. no reverse split for 1 to 2 years. no yellow snow cones. Just holiday cheer in the air.
Holiday cheer is in the air
Yet we somehow, someway just had our best quarter revenue ever bc pharmacists are selling our generics despite hope being an impossible strategy. Holiday cheer is in the air.
guess CRL isn't on the way afterall. Not even the middle of the month yet. Holiday cheer is in the air. No yellow snow. No yellow ice cones. LOL.
same percent gain as before. glad to clear that up
I agree
I'm sure the FDA was at full capacity all of November. Nobody takes any time, much less a lot of time, off around Thanksgiving. FDA's not on time so it must absolutely mean CRL. Seriously, I mean it.
lol
should Nasrat release a statement verifying that Elite hasn't heard anything in the past month from the FDA? lol. Should he verify that weekly, bi-weekly, or monthly? What do the great experts say on this cataclysmic issue? lol olo
it was a great description of the FDA, so kudos
I agree but that FDA policy isn't new lol lol
Lannett will be able to sell more than double what Sungen could so that more than makes up for the extra "hand in the cookie jar." That should be abundantly clear from how well they are doing with the IR. We'll make more than that "40-50m" on manufacturing fees alone when we get approval not if.
"no evidence presented. case closed"
lol lol
Do remember that Cns er is an immensely greater market than sequestox. Much much greater.
total bs. generic narcotics are doing just fine. Got something concrete to support this assertion?
I doubt the word mysterious would be there if we knew who they are??????????????? lol??????
prove it. lol lol lol lol
don't you mean when we get 15 or 20% of the market?
that's a completely different discussion. Pretty soon we'll hear from shorts how Nasrat promised when he neither promised nor stated; he hypothesized. It's best to be precise when making claims about what a ceo said.
that's a completely different discussion. You claimed Nasrat said we'd go to 800m market cap after approval when in fact he hypothesized we would do it after gaining 10% of the market.
the original statement was a misrepresentation and the highlighted part still is. How about also highlighting
When did he say that if he said that?
the market is usually the last to know, a lagging indicator. That's how people make money (or lose money). What matters most is getting ahead of the market, not following the market