Elite Pharmaceuticals Inc (QB) (ELTP) News

Maybe it will save money and work and would be great. X is losing money hand over fist, but SpaceX is impressively cost effective. But until the transfer happens I think we are going to have pretty big information gaps in government websites and frankly oversight. It will be a year, maybe more, before the upheaval works itself out. FDA employees were already being bought by big pharma (through promised jobs) so the potential meddling from contractors will not be new, but perhaps a different flavor. Nasrat just needs to stay laser focused on building products and profits.

.15 is a lot better than .15. sorry you lost that .35 per share.

IB_ is not telling the truth.:

Nasrat never put a price target at 50 cents - this is what he said at the last teleconference.

"In June, our stock price was $19,900,000 in September, our stock price was $38,800,000 it almost doubled over this quarter. Now we're I don't know where we are right now, but around $0.50. So thank you everybody for bringing our stock price up. One of the effects is because of the calculation, the liability goes up. But always keep in mind when you see this liability, it is a noncash item."

And please do not dare delete this post - if you do, I will complain.

It’s obvious as to your political slant,. I’d say if you can save 100 billion in one year, which will most likely gon on forever, keep 1-5 billion for yourself. That won’t happen, but I’d be good w that

Some good news sprinkled along the way is exactly what is needed, but we don't have that with our management ...........

Hopefully that silly "$5 within a year" by nasrat's disciple will come true,

IB_🤴

I expect that is best ... There is no defense for a CEO stating a price target lower than the goals that the CEO set years & years ago !!!!!!!!!

"$5 within a year" HuH, Why not just blurt out $12.75 within a year ????? You say $5 and your deity says $0.50,

IB_🤴

I sent my first batch of questions to Dianne.

Thank you kayak_wench, that makes sense. Btw, I agree that Elon being in charge of DOGE will ultimately direct the flow of money into his own pocket. He didn’t get to be the richest man in the world by sharing. lol

I think its related to Dodge. Many government websites are being affected. The person who does that is probably thinking about being unemployed soon, or has been instructed not to change any websites. Meaning adding Elite to the Vyvanse pages will take an FDA person and remember you want to downsize the government so there aren't going to be many FDA people around and the ones that aren't going to be very motivated (because they are paid so little compared to industry they never were the best of the developers anyway). You can't clean out the FDA and expect to have up to date, accurate drug information at your fingertips. If you think Musk can fix it, probably not unless we start paying government developers as much as Musk does. No one is going to take the kind of crap Must doles out for peanuts. A web developer at X or SpaceX probably earns 3 to 4 times that of a federal employee. So maybe they cut the employs by a fact or 3 to 5 at the FDA then contract to Musk companies to do the work. Thus at best the 'cost' stays the same, only the person pocketing our tax dollars is Musk.

Why a new company being added is different than a re-verification is explained below:
When something happens frequently a website it setup to self maintain allowing data to be 'pushed' up to it. An example of this is your stock watch list getting updated with the latest prices throughout the day. But if something doesn't happen very frequently or can't be predicted (like you deciding to add another company to your watch list) that doesn't usually happen automatically. Using the example of your stock watch list you have to add a new stock yourself manually because the list can't predict what stock you want to add and when.

Add a new company to the FDA verification likely falls into the only occasionally happens and takes a person to add. For re-verification an automated request can be schedule to be sent out and companies respond and that info is automatically updated on the webpage. Adding a new company would be an entirely different matter and take new entries in databases.

Agreed! A little lackluster for us but not for the company putting together an explosive 4th quarter of revenue growth. Maybe some exciting Oxy news, beginnings of sales to Israel and successful new drug trials could keep things moving

Hi tombe, it is a slow moving industry. Trials take a long time, and only sometimes achieve the desired result. That said, unexpected news is what creates excitement. I won’t be surprised if IB_ is correct that the next few months will be lackluster, but you never know.

That’s the nature of the slow moving industry. It all takes time. Hopefully some good news sprinkled throughout.

"2nd half of this year gonna be exciting" !!!!!!!!!!!!

I agree, it should be, but the next 4.5 months I expect to be lackluster,

IB_🤴

I am putting you back on ignore - I can't believe a SENIOR MODERATOR - can write stuff like that.

I tried to be nice and answer your previous question...
.
It is not my fault that the stock went up ballistic from 2 cents to 75 cents and that it started before August 2024. And that it will go to $5 within a year ..

But you said anything that happened before August of 2024 doesn't count, so why are you bringing up something that is a year & a half old ???????????

Do you even remember when nasrat said $0.50 per share ???????????

Ask nasrat if he really wants Elite on the nasdaq before he sells the company,

IB_🤴

Because a year and a half ago we were at 2 cents per share.

-------------------------------
Did nasrat put a fair value on Elite at $0.50 per share, recently ??????????????? Why ???????

Is there a reason that nasrat doesn't want to uplist Elite to the Nasdaq ?????????

It amazes me the effort put into FUD. All to scare a few potential buyers of the stock away or a few weak hands to sell. In the end, those who buy significant volume of shares do their own DD and probably don’t read this board and would not be fooled by those who are just doing their jobs or trading along the way. Equally the ones who show up and pump this stock with unrealistic comments to make a few bucks on a quick trade. Notice how those people disappear! We will (and already are) rewarded for our investments in this company. The banning of certain people from here and the FUD that takes place truly makes this place a joke to mostly be ignored. I appreciate those who have been here along this journey (past annd present) and have taught me quite a bit. To them I say Thank You! 2nd half of this year gonna be exciting!!

Hi DrSleep, a while back you mentioned that you planned on driving to Elite’s new facility. Did you ever do that?

Very likely, don't help this guy try to kill the prices as he continually tries to do. Maybe he will cease for 6 weeks again. I'm referring to The ELTP King.

Guessing game goal

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175757510

Agree Fake King - something is really fishy with your methods of action and should be reported to the SEC.

How do you dare saying Vyvanse was not launched? This is FAKE NEWS. THIS IS A CRIME.

Nasrat knows that if he reported something wrong Elite and himself as the CEO could be sued. If the launch had not happen on the 26 of December he would be obligated to have another PR issued fixing the mess.

But the fake King allows himself to put doubt in everyone's head!!! Shamefull !!!

Did nasrat put a fair value on Elite at $0.50 per share, recently ??????????????? Why ???????

Is there a reason that nasrat doesn't want to uplist Elite to the Nasdaq ?????????

IB_🤴

I’m worried that Nasrat hasn’t said anything about the new square footage. Delays or what ? It feels like it’s two steps forward, three steps back. The stock is stuck at 50 cents because the ceo felt that was a decent price. He had no business saying that. He’s not an analysts. He should sell and retire. Let’s go

The fake king seeds doubt in your heads. Not Nasrat

This will just be Q3, Oct-Dec.  Annual 10K is end of June timing. 

Its something to worry about regarding the ELTP roadmap or status?

It’s always been after the market closes. It would be a surprise if they released the results premarket.

the PR for annual results mentioned release on February 13th. is it a must for them/alwyas after market?
or any suprise here?

You are correct yet again, King 👑 !!!!!!!!!!!!!

IB_ will be door dashing chicken wings and grabbing a 12 pack of Guinness Extra Stout .................

I believe the quarterly report will be ok, as long as nasrat has not diluted more shares but I do not expect any blow-out numbers !!!!!

I expect a lackluster CC,

IB_🤴

22875,000

Folks,

You have 2-3 days to pick up your pop🥤and popcorn 🍿 from Walmart for the upcoming 10-Q and CC.

I believe IB_ will be picking up some chicken wings 🍗 as well.

Thanks.

Can't sleep.

Keep thinking about Thursday at 4:30 pm EST and Friday at 11:30 am EST.

Thanks.

3 companies reverified Vyvanse in February.

Elite still nowhere to be found for Vyvanse..........yet they reverified their Adderall just yesterday.

Something REALLY fishy is going on.

Hey, James F1, I had to look up reverified , the new status for Elite

What do the various dates in the displays mean?

Drugs Currently in Shortage - The date following a company name, for example, "(Reverified 05/19/2014)," is the last time we added, verified or updated the company's information for all the presentations of a particular drug in the drug shortages list.


so it means exactly what it says, they reverified what they previously verified that Elite is not in shortage, so If I read between
the lines, Elite got a bump in API sometime last year and they are selling it very fast, are about to run out and need more.
They check Elite every 15 days.

20,450,000

Man you must be really stressed and paranoid with the thoughts your mind has concocted. She probably getting flooded with questions and they most likely don’t answer this close to quarterly cuz it’s all hands on deck. Relax and good luck

Flick the guessing game! 🐂🤑🤑🤑🤑🤑

26,000,500.00 go big WTH

I’m guessing 23.5M

How could The ELTP 👸 "Have dibs on 25M" when she never posted a guess ???????????

IB_🤴

Guessing game goal

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175757510

Don't know what you're talking about.

I checked your postings today.

You haven't given a guess yet.

I had dibs on 25M 12 hours ago.

I had dibs on 25M 12 hours ago.

The only one putting doubt and uncertainty is you.

This is your recipe for manipulating this stock.

I am right about this because I read again your last 50 posts.

Great for accumulating more shares for eventual Buy Out.

It appears you haven't been keeping up to date with Elite.

Additional revenue sources for Fiscal Q3: (assuming Vyvanse never launched)

✅️ 1. FULL QUARTER (13 weeks) of Methotrexate sales as compared to 5 weeks for Fiscal Q2.
✅️ 2. LAUNCH of Tylenol with Codeine PLUS 12 weeks of sales.
✅️ 3. LAUNCH of Norco PLUS 4 weeks of sales.
✅️ 4. HIGHEST historic revenue quarter for Elite (Oct - Dec).

So you think we have a 5 million dollar revenue increase over qtr 2 when you also claim evidence shows Vyvanse never launched.

0.517275? No funky shit going on here 🤣

23,190,328.29

23,190,328.29

So you think we have a 5 million dollar revenue increase over qtr 2 when you also claim evidence shows Vyvanse never launched.

Are you that slow of a reader?