agrocraig11, ELTP and GNBT are both IP plays
They both hold extensive patents on legitimate technology with major market potential. I hope that GNBT will find its savior the way Jerry Treppel came to Elite, saved them from BK with Epic Pharma partnership, built a revenue base with generics, and now has handed the reins to Nasrat Hakim to develop their true money-makers, the abuse-deterrent opioids.
To have the insight that he was not the right guy to lead the company into the next phase of development and the judgement to bring in a guy like Nasrat Hakim to get the job done is extremely enviable. Remember when Elite was trading for a few pennies? Now at .22 and headed to multiple dollars soon. GNBT could do the same, but they need a Jerry Treppel and Nasrat Hakim. They have the technology but seem to be missing the leadership.
Nice to see you over here, keep on postin'! GLTY.
"There are three kinds of lies: lies, damned lies, and statistics."
