And yet elite can’t seem to take advantage of this. Their stock price continues to be in the dump. They have no news to share. They have lost their distribution channel that accounts for 85 percent of their revenue. Lot of bad stuff in my opinion.
What hasn’t changed is Nasrat keeps getting paid 500,000 per year in cash and 500,000 in stock. Again, I ask why.
He guys has been there for over nine years now and the stock is worth a lot less.