I never said Elite made a profit nor ever claimed it did. I said revenues were up for 3 years in a row and the company had a record amount of cash on hand 12.8 million. The company is in the best shape it has ever been in historically.
Neither revenue nor profit pays the bills. Cash flow does. This is basic accounting. A company can be super profitable on paper, but without cash flow they become defunct.
News 
Market Data 
Discover 
