Replies to post #63972 on Elite Pharmaceuticals Inc (ELTP)

[BiotechInvestor90210]

Wow. $20 would be roughly a 8.5 billion market cap. Haha that might not happen. Now if everything that Elite has in its pipeline makes it to the market. Well it could happen.

[dr_lowenstein]

Yeah I suppose that COULD happen but it probably is about as likely as Elvis returning for a concert. LOL LOL

[rob888]

Wouldn't it be something if a penny stock tiny pharma turned into a bigger than medium-sized pharma overnight?

All the king's men now seem to be in place. The price seems almost purposefully held down.

What IF Epic did a reverse merger with Elite and went public? It would certainly speed up the Nasdaq replacement.

We could wake up owning a $20 stock.

Hmmm.... what if...?

guys! it just crossed my mind..

isn't it the the transfer of the product line of MIKAH to ELTP is somewhat like a reverse merger already? though technically not, since it is not the absorption/infusion of the whole of MIKAH..
but it sure like it is since NS agreed to put the products under ELTP.. and NS having 11m shares + salary/bonuses paid in shares ;)

that is huge! (imho) :D

[Jimmy Joe]

Heidi it may not happen overnight but IF they get their ART through trials without any hicups eventually look north of $10.

Revenues have the potential to be close to a $ billion. Not just a one trick pony with one opioid. All opioids. Then you have the potential of overseas markets if they pursue their European partner again. (Gee I wonder who that could be? LOL LOL)
That could mean the company would jump in worth to $ billions.

Then you have the US goverment. If a mandate is implemented and the hard turtle shell is not enough (which it isnt enough, a joke
really), then pharmas have to seek the only ART out there that WORKS.
How much do you think the company will be worth Heidi? The market cap is tiny now. Very tiny. Nahhh.. a price of $20 is very doable if certain things happen but it will not happen overnight.
Elite is one you just may want to have a position in for a long time.

No... Elvis is far from dead.... Elvis will be singing at concerts quite a few times a year... and sooner than you think,
Already got my cheap tickets. Elite is going to Rock the Casbah.