Welcome Dr. I feel you've discovered ELTP at a great time leading up to many events towards the end of this year. Lots of $ to be made here in the next 12 months, possibly sooner.
I think you'll find this post from Couch sums up why this is such a great investment at this price, both short term and long term.
If you go back through Elite's history of trials with Eli 216 - notice they've completed BE studies and human liability studies already. To me it seems with the recent 12hr ART products- the most important studies are the BE studies- as previous human liability studies were positive as mentioned.
Should the FDA not require full scale efficacy trials on the 505b2 products - we've already successfully completed the studies needed- just on separate products.
A good buying opportunity IMO. Good luck on your recent pick up.