For a proper understanding, I'll try to explain how things really work
See, LP has little to no interest in Elites valuation report. They probably didnt even glance at ir.
LP is not a value investor and makes its money in virtual risk less TRADES rarely having a long position for any appreciable amount of time..ditto a short position
They also make $$ gobbling up inducement shares which they sometimes are forced to hold long do to their restrictive nature, but they have a zero cost basis so...
Glad I could explain this so future mistakes are avoided
Don't forget that dilution has caused an increase of 75% outstanding share count. Revenue is still paltry at best. Until the tech receives FDA approval future, revenues of much grander proportions are erroneous options to even consider.