Replies to post #24409 on Elite Group Inc. (fka ELTZ)

[Stock_Gambit]

Won’t know until it’s updated. Unless you have information we don’t...

[Stockcaller]

Why are we still speculating on the O/S?
We have to trust and believe in the 8-K, that's a binding document.

Winner, winner, chicken dinner!!

[HARAMBE]

Clearly much larger than stated, but hopefully not ridiculous

[xr_biotech_consult]

Any idea of current OS? Obviously much larger than Feb 2018 imo.

agreed, cuz:
Convertible promissory note payable, net $ 1,001,166 @December 31, 2017

then u can read such Things:
The note is collateralized by the reservation of shares of the Company common stock equivalent to 400% of convertible shares.

would say, A/S is near maxed out when conversation is done, just read the last 10q page 7-14
they wait to sell it ;)

further,
Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and, or, the private placement of convertible debt and/or issuance of common stock.