Agree. Another fact is this has been in a solid down trend for the last 12 months.
I also expect that to continue after this 10Q and CC. That's not an indictment on ELTP as a company or saying this company will never have its day, but I just don't see this as investable yet. The volume, price action, and dilution tell so. Maybe 2016 will see a turning of the corner for ELTP the ticker. Just my $.02
We are all allowed our own differing opinions though.
Anyway you look at it the bs has also stripped the unstripper. Any of the predictions come true for this past quarter. Did revenue increase year over year; quarter over quarter? Is it true shares were not been issued because Elite had enough money for 4 ART products? No...none of it; 771,000,000 shares seems like an increase at a time when no shares were being issued. Get ready for another event that wasn't going to happen. LPC Good Deal III follow by reverse split. Is it a wonder that the PPS tanked all day?
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