I know everything about Elite is bad, everything it does is bad. I have heard that multiple times. I even remember being told it will never get a drug approved by the FDA, it will never produce meaningful revenues, and it will never become profitable!
WAIT, WHAT?
The FDA has approved Elite's drugs...and Elite is producing revenues...and Elite is profitable...not EBITDA profitable like some companies claim, all while losing money. No, Elite is net profitable! Y'a know? The kind where they produce cash reserves, where they have money left over at the end of a Q. And, here is the "cool as the other side of the pillow" point...Elite will generate $100M in revenues in roughly the same amount of time it took them to go from $7M to where they are today! And they even have an Israeli partner to help them build it.
All the noise and nonsense is not going to change that narrative. None, zip, zero, nada!