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namtae

07/05/18 10:08 AM

#293328 RE: ARbigguy1 #293323

Revenue doesnt necessarily equate to "making more money". For Elite to make more money, theyd have to make money in the first place... 27 years trying to do that lol

Take a look around Elites peer group...penny stocks. Many have revenues and are losing their shirts

To justify even todays real market valuation of Elite, this recent approval would need to capture a significant portion of the market...profitably.. and theres no guarantee they capture anything close to 1%

Thoughts?