July 2014. Look at the last few lines. He thought we were undervalued then too. Such BS. How long can this continue.
And that being said, with everything positive Elite has going on and I mean everything is pointing in the right direction now. I mean you’ve covered the debt issues, the bonds and everything and the ART products moving forward, I mean we are as positive as I had ever seen it. The independent valuation of the company put the stock price at a median of $2.10 a share with a high of $2.75 based on the current generic line which is even ever increasing right now with the Mikah products. Why do you guys think we are stuck in this penny land right now as supposed to dollar land?
Nasrat Hakim
Very good question and if you figure out why please let me know. There are a lot of factors for that. We're talking about historically Elite did not perform on a technology they’ve had for over 10 years. So some of the stockholders have gone a little shy. Me personally before I even joined the company from day one I told you all in my very first meeting when the stock was only $0.07 or $0.068, if we were an R&D company with what I’ve seen today the stock should jump tenfold, ten times and I still stand by that. I think we have a great company, I think our stock is undervalued but maybe I am biased because I see exactly what we have and I see the potential for the market. I see what the Congress is asking for, I see what the [ST] is asking for, and I see the number of dollars that are associated with this segment that we are in or a part of. There is a lot of money to be made in the future and when people see that I think the stock price is going to adjust accordingly.
