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Sunday, 02/18/2024 5:18:32 PM

Sunday, February 18, 2024 5:18:32 PM

Post# of 65
What would Mr. Hakim say is the likelihood that Elite will get bought out by a large arrival within the next five years?

Two things I'll say to that. One, cut that prediction in half or more than half. Five years is a very long time to do either. We are at a point where our fundamentals are solid, and we are in a growth stage, as I said earlier. We're not flattening out at $30 million and $40 million. We skip the 40s, went to 50s. And we'll talk in June once I have a little more data, what I expect for the future. But definitely, the year after, we're going to beat that. And the year after, we're going to be that.

So we're at a growth stage. So the fundamentals are looking great, a buyout is looking great. And five years is way too long for that. So I would say either of this will happen in a couple of years.

ELTP

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