I hope Elite is the next Apple. GLTY
It would take Elite and Epic 2 years or more to get site transfers from Elite to Epic. Correct?
How do you know Pfizer will take years to get Embedda on the market? Could you please post a link to support this claim. This is a giant statement.
Yes and Apple still works out of a garage.
I say give all the generics that Elite is currently making at it's facility to Epic under the same agreement as the 12 we already gave them.
This way Elite will be using all 50,000 square feet for R and D and manufacturing 100% ART products.
LMAO and it is trading at 0.34.
Some of the ART products were supposed to be manufactured in Elites facility or at least I understood that it was the purpose for bring the second facility on line.
The only way I see it is that we are going to be manufacturing some of the ART products ourselves and we are preparing to do so with 20,000 extra square feet.
Good luck with that.
Probably sweep it under the rug and won't address them. I do agree with you. The capacity far exceeds the need now and will exceed it by more later.
So what do we have 50,000sf to manufacture 8 generics. That is exactly the way CEO operates, 30,000sf is too much so add 20,000sf more to make it just right. Where is all the BS about working shifts? The way this is going each employee can have 1,250sf just for himself and herself.
I agree it's extremely undervalued. Current valuation is $2.10.
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It's easy when you find a company severely undervalued.
Like this penny stock company that has a market value of 170 million based on zero profit?
I just want to know why they want/need 20,000 extra square feet of space.
Doug said in the February conference call that we are nowhere near capacity.
He also said in the July conference call that we are exploring commercial manufacturing opportunities for the ART products. I was assuming this means a partner and not ourselves.
And Epic is making all the generic drugs.
Should be a good CC to clear these things up.
I see that my post has gone over most heads. What happened to the hyped "generics will pay help pay for ART" or "the second facility will be used for ART?" It is this type of hype turned out to be garbage that gives posting a bad name and misleads others into buying but then guess that was the idea from the beginning.
Buy ELTP below 0.35 please anything below 0.35
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Ready for the next leg up.
Ok; I will hang on tight. LOL
School is a joke. What a waste of money and time. You can learn everything on the internet for free and you won't be paying off loans for decades and living on food stamps because you decided you wanted a piece of paper.
Yeah; when ELTP is as at a penny or two per share it won’t make much of a difference.