well no since arguing about the old valuation as it was done by a mystery firm that was never disclosed, indeed it was provided with zero information for sophisticated for sophisticated investors such as me to be able to ascertain its validity. as such it should be flushed down the toilet
Ye, ELTP's value has changed since then. It's now worth $210mm.
Continuing to vigorously cite valuation assessments done in the past so little to bolster a bullish argument. If the past valuation effort had validity, then ELTP's value would have migrated towards that estimate rather than away from it. The valuation is meaningless. The poison pill is truly poison for today's shareholder.
A buyout of ELTP's enterprise is likely the only the pathway to substantial appreciation within the next 18 months.
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