InvestorsHub Logo
Followers 2
Posts 70
Boards Moderated 0
Alias Born 03/11/2014

Re: jour_trader post# 400705

Wednesday, 05/29/2024 11:53:19 AM

Wednesday, May 29, 2024 11:53:19 AM

Post# of 402481
OK not gonna lie I have not been keeping up with this whole thread, but IMO you are entirely correct and we will see that in year end financials.
Any understanding of financial statements would prove you are correct, especially given that Mikah's half of Adderalls needs to be paid.
Any company in rapid growth does not produce profit, as all "would be" profits are reinvested into growth.
I have no doubt elite will achieve over 1 dollar a share, or over one billion in market cap, but to imply they are currently cash flow positive is simply a lie. As a 15 year shareholder, I feel fortunate that growth is funded entirely by "would be" profits and not by dilution ever.
Very confident in my investment.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News