Over Valued Stocks

[namtae]

I see the excitement on the Elite board because the Warning Letter finally cleared... something that should have never happened in the first place.

Big drug development companies, developing 100s of drugs, conducting studies etc have occasional Warning Letter & CRLs... But Elite has such a narrow list of drugs in development that the percentages of rejections are staggering

Everything this company does needs to be thoroughly investigated... cannot be trusted at all

How about the CEO exchanging 158m shares for preferred convertible into the same amount but with full ratchet protection, which will exponentially increase the amount of shares well above 158m... TO add insult to injury, he also took 79m toxic warrants to boot... For what?