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Re: JamesF1 post# 442935

Monday, 02/16/2026 7:22:24 AM

Monday, February 16, 2026 7:22:24 AM

Post# of 446179
Where?

I had asked the question on purpose and he was very clear. Uplisting is off the table for now.

It will come back only if the sale of the company is not viable.

Regarding merger and acquisition and uplisting, Elite continues to actively pursue M&A and other alternatives such as uplisting. M&A is our primary focus… Our primary focus is M&A for the foreseeable future… If we determine that that’s not working, we’ll consider other alternatives.”
Later, in the Q&A section, when directly asked “Is uplifting the more likely scenario now?”, Hakim responded:
“No. We are preparing for all contingencies. M&A is still in the lead.”

The buyout is happening. Buyers have been identified. Buyers visited the facilities. Happy longs!!!

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