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With all the conversions and insider buys this is a huge positive. Wash, rinse, repeat may be over. Time will tell. Oh, by the way bought more shares today.
Yep.Today was a great opportunity to sell and repurchase.Hint
My secret!
Wash, rinse, repeat. Told ya!
Stranger things have happened!
I smell a R/S coming. Hope I'm wrong for the longs.
We all wonder about this company!
Wash, rinse, repeat!
The enchantment for this stock fades quickly. No PR by tuesday midday you will see a trickle down into the .08's. Wednesday no PR at 6.30am another trickle down to low .08's. So by thursday .07' to .08's back and forth. Wash, rinse, repeat!
Timing is everything.
I know made money on that run and now back to where I purchased. Wash, rinse, repeat. Same ole' story. Not long on this stock.
With no news next week we trickle down in the .07's, then .06's. Losing hundreds to millions, making chump change.
See you back in the .07's
All this going on and .09 per share. Fishy!
Not if you want to make money. Can't deliver = no cash. Thanks but I'll go with another vender. That's what you get. No cash!
My point exactly! Can they or can't they fill orders to meet the demand? They have a facility that isn't generating revenue yet means it's not ready to do so , plain and simple.
All I'm saying is that money is being lost due to the facility not being at full capacity.
On the operational level, first and foremost, we need to leverage our operation. We have a brand-new 15,000 square foot manufacturing and
inventory space.We are currently being charged for that on our P&L.We need to start generating revenue to cover that cost. And negatively -- for
those of you familiar with the industry, negative variance is a big issue and it is a big cost.
So the sooner we can get our packaging line up and we can start making product in "LARGER BATCHES", when we do that you will see the results on
the operating line, because it does have a big impact.
Got to be able to produce to the masses!
The new facility was created to ramp up manufacturing. As of now just a warehouse.
So the sooner we can get our packaging line up and we can start making product in larger batches.
This is true, but at limited quantities.
From Jerry at the CC,
On the operational level, first and foremost, we need to leverage our operation. We have a brand-new 15,000 square foot manufacturing and
inventory space.We are currently being charged for that on our P&L.We need to start generating revenue to cover that cost. And negatively -- for
those of you familiar with the industry, negative variance is a big issue and it is a big cost.
So the sooner we can get our packaging line up and we can start making product in larger batches, when we do that you will see the results on
the operating line, because it does have a big impact. Strategically what we are trying to do and continue to do is, as Carter says, is diversify the
product line, but to do it in an intelligent way.
So we don't spend vast sums of money on iffy projects and we don't have the funds to do that and it is not the intelligent way to operate.
Jerry's words not mine.
Can't make anything when you have a 15,000 sqft. facility that is not finished. Seems to me that they need more cash flow to complete. Until then we yo-yo.
Anytime!
He employees 8 staff positions and 4 sub contractors.
When he talked about Avatar Systems his eyes lit-up. He really likes Avatar Systems as one of his servers. He has them in Dallas and in Frisco,Texas. Business is good.
All true. I even got his business card.
He did'nt give a timetable on news a release. You have to understand when you are asking questions directly to the CEO there are some things that can't be answered. From my questioning I believe that the emails were real. I asked the same questions and got the same answers.
He was just being honest. I don't know how much he spent on IR's but I do know they are not cheap. At least he saw that they were not helping the company.
DD News from Royaltyfree,
Just got back from speaking with Cary Allen in Grapevine, Texas.
First off he is very open approachable person and yes this is a real company. Address confirmed. I lucked up and found him and one of his employees packing envelopes of 100's of client invoices. Without compromising my position or Mr. Allen, I will say that the company is making good money. I had a list of questions for him and he freely answered them in front of his employee.
Q. Buyout
A. Has had several buyout offers recently.
Q. New Partner
A. Can't tell. SEC rules.
Q. Income
A. Can't tell. SEC rules.
Q. Pinksheet Status
A. Possible upgrade. More info coming.
Q. Why Have You Been So Quite With News.
A. Stated that he has had a bad run of IR's just taking money and running and also shorts, shorting the stock. He stated that he would do better with PR's. You just got one!
Q. Number of Clients
A. 60 plus
Q. Expanding
A. Expanding now!
Again, from what I saw on the table this morning that this company is position to make share holders happy when the time comes.
Feel free to ask me any questions.
Royaltyfree
My take is the sales are growing. Remember we are the competitor to name brand drugs that doctor push accordingly. We are selling products against the competition and that is a huge positive. As for the Phentermine I look for the sales to rise with the new years resolutions around the corner.
New to this stock as of today. Just wanted to give some positive incite to Elite. I showed my wife who works for a regional pharmacy the product pipeline of Elite and her eyes lite up! She knew of the drugs and the cost bases and stated that they sell a lot of each and are expensive. They are on the high end of drugs in brand name form, so a competitor product is needed. Elite provides the competitor product for less. An example is(Brand Name)Adipex-P® 37.5 mg x 30 pills. My wife takes this product and lost 40lbs in six months. Great product it cost $85-$99 depending on where to get it. The competitor (Elite)Phentermine HCl 37.5 mg tablets x 30 pills $30-$40. All need a prescription. Again, she really likes the product pipeline and stated that all are in high demand.
Here we go!
The renewed interest. I still have a few shares from long ago. Hoping this will be the time this stock rockets.
Watching closely!!
Yep! Now we sit and wait.
Hard to understand why a company that's operating in the black dumps it's shareholders. You go though hoops to get listed as a company on the exchange only to just forget about it! Makes absolutely no sense! If I went through all the trouble to get my company listed I would surely try to make as much money off it as I could. This company's management is backwards! RIP!!!
Incredible balance!
Awesome! Awesome!