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RizZo

01/27/13 12:29 PM

#43084 RE: IB_ #43082

Epic, who is half Elite's BOD and chief scientific officer is buying shares of Elite. 6 million shares to fund trials. And these warrants have existed for a long time.

Tang explained it 100% correct.

Savvy?

jmo
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tangerine

01/27/13 12:37 PM

#43085 RE: IB_ #43082

I see you increased the share count to 400m?

How do you go from ~350+6 = 406? Do you have some information that no one else has? Did they secretly convert an extra 50m shares that no one else knows about?


Anyway, actual investors know the money is going to fund trials being funded by those that will reap the biggest rewards and are actually the one's developing the products for trials.

Still waiting on those answers to those simple questions.

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DR Ryan

01/27/13 12:43 PM

#43086 RE: IB_ #43082

IB, have you finished your DD yet man?

Tell us the IMS revenue number at AWP for the 15mg and 30mg Phentermine products due to launch soon? Its just a number so surely you can tell us...
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richme

01/27/13 1:43 PM

#43102 RE: IB_ #43082

Never mind the 6,000,000. How about 400,000,000 - 350,000,000 = 50,000,000. That is dilution, however Scottrade shows only 350,000,000 in the O/S; same for Ameritrade???? That is not to say that 350,000,000 is a miniscule amount by any measure, especially revenue.