It is hard to know when a specific group is fearful here since we can not tell when the pendulum swings in either direction. Occasionally a "positive thinker" begins to waiver ever so slightly but by that time the PPS has dropped significantly not much help to decide on selling. On the other hand the negative thinkers pretty much stay the course calling Elite for what it is and that is not much help either.
I think one investor has called it very close to what is has become. Me? No not me ........ JL. JL has been close although it was a let down for since I was counting on $.41 to trigger my inauguration date for my FlipperMe debut.
They do not have 15 patents. But, who cares about accuracy, right?
Any ideas who we are going to merge with if we do?
Next level meaning, up list. It has to be his plan for the company.
"within 18 months when ELI200 in on the market and ELTP has there plugg and play tech to extend the pipeline with 15 more ART products,ELITE could easily be a profitable company trading at 5 dollar on nasdaq and so be a new playground for whales like Buffet,right?? "
No.
Wow! Patents have grown from four to fifteen. Wonderful, the PPS should skyrocket on Monday. Most of us did not know that.
Kinda funny how myself and others are talking about a buyout.
What we haven't discussed is that Nasrat mentioned a merger in the CC just 6 weeks ago.
He said, "in case if we merge with somebody, go the next level."
You think it just popped out of his mouth out of nowhere?
Buffett would have invested in Elite when he was in his 20's but he can't now.
He has so much money he can only invest in extremely large companies.
Besides, we have the poison pill in place so he couldn't buy a lot of shares anyways.
Yeah we'll Buffet never found a co with 15 hammerlocked ART patents! Booya
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
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Buffet has never invested in a company that was losing money.
within 18 months when ELI200 in on the market and ELTP has there plugg and play tech to extend the pipeline with 15 more ART products,ELITE could easily be a profitable company trading at 5 dollar on nasdaq and so be a new playground for whales like Buffet,right??
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Benjamin and Graham would not consider investing in a company like ELTP--not until the management was proven
would the launch of ELI200 be proof for Benjamin and Graham that management did the job they supposed to do??
More risk = More reward.
My ENTIRE NET WORTH is in this and I am NEVER SELLING - "Our favorite holding period is forever."
ELTP is NOT losing money. They are spending their money on R and D for products worth BILLIONS of dollars.
Nasrat WILL NOT be stopped - "Nobody can stop us."
When ELTP gets bought out for $3.60 and I make 5 MILLION dollars don't come asking me for a loan.
Excellent idea. Maybe Elite can dedicate part of the 20,000sf for marijuana abstracts, spirits, and capsules for sale in States where authorized. No that would cause ELTP to hit the high ropes! OR would it not?
I understand we had an agreement with Epic for 8 drugs where we get a 15% profit split. I also understand that we are no longer proceeding with the last 7 drugs. However, the first and only drug has been filed with the FDA for 3 1/2 years now and we haven't heard anything. Do you have any updates on this?
Issue a prescription for the Embeda with no substitute authorized and see what happens. Understand doctors can do that.
Warren Buffet would not even LOOK at ELTP. LOL
Buffet has never invested in a company that was losing money. Benjamin and Graham would not consider investing in a company like ELTP--not until the management was proven and cash flow positive.
Nasrat is a talented CEO--but he is not God yet.
Thank you for the chuckle. Always good to have a belly laugh now and then.
Yes it does make it so. Nobody can stop us and we are going to the anti-abuse land.
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Just because a CEO declares. "No one can stop us!" or something like that does not make it so. It means ONE person--the CEO--has that opinion.
Warren Buffett couldn't care less about the technicals. I will follow him and buy all I can in undervalued companies and never sell. He's only worth around 60 billion. I'll take his advice.
I've been telling you about the buyout for years now. I've also been telling you I am never selling and I am waiting for the buyout so I get the max PPS. People are finally coming around and admitting I was right all along.
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Product is modular so you are looking at a several billion dollar buyout. This is the most likely end game with Elite. Just a matter of when it happens. The further along this goes, the higher the price goes.