"Cui Bono" Who benefits - connect the dots
I wrote about this back in April during the strategic alliance which basically removed any threat of bankruptcy.
Remember most of these shares in the increase in authorized is already spoken for by Epic. Warrants and Milestone shares.
So here is the kicker. While this would likely never happen except right before a merger, what would happen if Epic decided to convert and sell all those shares?They would drive the price below what they paid for them in the first place. Here is where “Cui Bono” becomes relevant
Epic owns half the board of directors and Epic execs are large shareholders themselves. Now, here is the simple part. If you were a board member with millions of shares, could pump as much money and products into Elite as you wanted to (We have seen this already with the 8 drugs, strategic alliance etc), what would your strategy be?
To make as much money as possible. Elite has 30 drugs in their pipeline right now that will be made at Elites facility. Elite just doubled their capacity. See the 8k where it is reconfirmed. Folks got a tour during the meeting and I am mad at myself for not going.
How many drugs does Epic have commercially? Per their website they have 10
Ok, how about the Pharma network? 15 per their website which is Ascend
Ok, how about HITK? They have 90 but many are various forms of the same drug. They have about 20-30 actual drugs and a 400m market cap and are one of the fastest growing pharma companies per Forbes.
Actavis is of course one of the largest generic companies in the world.
Mikahs R&D is going to be made by Elite. It’s on their website.
These are Elites partners
What does Elite have that most of these companies don’t have? A DEA, FDA GMP facility. They make controlled substances and many are everyday common drugs, Phentermine a top diet drug, Hydromorphone which is Dilaudid, Methadone, Oxycontin, Lodrane,etc..
And Mikahs products???? Percocet, Percodin etc. Check out the website. These are massive generic drugs.
And who is Mikah? Designee of Actavis and consultant to the CEO of Epic.
And I haven’t even mentioned the patents for unique and extremely valuable time release and abuse resistant drugs worth 100s of millions and really billions. BTW, Actavis makes Oxycontin too.
“Cui Bono” Who benefits? The folks that own the stock, Epic, Mikah (owns a bunch), Elite of course.
Today's 8k was all about the above items. Things take time but with 30 products to be made at Elite that we currently know about, this is just a matter of time in my opinion.
AI
