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Elite Pharmaceuticals Inc (QB)

Elite Pharmaceuticals Inc (QB) (ELTP)

0.50
0.0019
(0.38%)
Closed February 01 3:00PM

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ELTP News

Official News Only

ELTP Discussion

View Posts
Chasing Chasing 2 hours ago
we should manufacture a drug for tds
👍 1
ocbadger ocbadger 3 hours ago
Reason market & eltp sank this pm was press conf by latest Trump press buffoon Caroline Leavitt where she announced tariffs will take effect on Sat Feb 1. So there goes the economy, laws, ie, the US is now officially a banana republic.  Now all we need is rfk!! What a joke!!
👎️ 1
HGilS HGilS 6 hours ago
The fake king came back.

When will you guys get it he is the head of the gang shorting the stock?
👍️ 3 💯 1
jour_trader jour_trader 6 hours ago
What do you mean more? There wasn't any to begin with. 
👍️0
rack186 rack186 6 hours ago
What caused this to drop so quick just before close.... Bad news ??? What happened ???
👍️0
HGilS HGilS 7 hours ago
Elite was born again on August 15 2024.

Who cares what he said 2 years ago?

Up 1600%. It’s fake king’s fault if we are not in the Nasdaq. . Let it run…
👍️ 1 💯 1
Chasing Chasing 8 hours ago
if we qualify, why do we need a reverse split?

We qualify

He said he would conduct a reverse split when the stock hits .15 - .25.
👆️ 1
snupoled snupoled 8 hours ago
Easy there Hgils, balance, Elite's king was writing Make Elite Great Again long before our CEO saod it and even before some of our now regular posters forst posted, the king has influenced both msnagement and helped many of us with his rigourous dd. Management needs the King and so do we lowly mushroom retailers, Let's make it a great weekend, snupdawgoled
👍️0
NASDAQ2020 NASDAQ2020 8 hours ago
Safe travels.
👍️0
HGilS HGilS 9 hours ago
You are full of BS!!!

Nasrat NEVER pronounced the word concerta !!!

Everything is fake that comes from the fake king and the bouffon. lol.
👍️ 1
jgsnys jgsnys 10 hours ago
a feint whisper on the winds. . . .
👍️ 1
kennyt 335 kennyt 335 10 hours ago
Hi NASDAQ2020 great read thank you, just got to Costa Rica to help build a Church, l will check again Monday ELTP$$$$$$$
👍️ 2 ⛪️ 1
snupoled snupoled 10 hours ago
Elm, happy for u! Well done, what makes u stay in elite the most for 2025? For me it will be for you growth rate comparisons, snup
👍️0
Makai63 Makai63 10 hours ago
What are the symptoms of narcissistic personality disorder?
Use the acronym “SPECIAL ME” to remember the nine signs of NPD.

SPECIAL ME

Sense of self-importance
Preoccupation with power, beauty, or success
Entitled
Can only be around people who are important or special
Interpersonally exploitative for their own gain
Arrogant
Lack empathy
Must be admired
Envious of others or believe that others are envious of them
👍️ 4
Makai63 Makai63 10 hours ago
You're a very special individual!! Keep up the hard work!! We wouldn't be here without your heightened intellect!! We bow to you!!
👍️0
ElementalArcher25 ElementalArcher25 10 hours ago
Got lucky.
👍 1
The ELTP King The ELTP King 10 hours ago
The future is only getting better!!2024 Pivotal BE Studies
❌️ Pivotal BE Study #1 (Concerta)
❌️ Pivotal BE Study #2 (Undisclosed)
❌️ Pivotal BE Study #3 (Undisclosed)
👍️ 1 👑 1 🗑️ 1 🧻 1
Makai63 Makai63 10 hours ago
Remember ten years ago when our valuation was estimated to be 45 cents to a $2.10?? We've come a long way...now look at Elite!! Best investment ever!!
Everyone have a great weekend!! The future is only getting better!!
👍️ 6 😎 1
jour_trader jour_trader 10 hours ago
Well done!
👍️ 2
ElementalArcher25 ElementalArcher25 10 hours ago
I've done extremely well with eltp. I'm up 16 times my money on 500k shares I bought 500k more between 18 and 20 cents and up 2 1/2 times my money and 400 k I picked up in the 40s on this last pull back. I did sell 500k shares around 68 cents a Nas 2020 got on me for selling to buy bitcoin which I sold last week. I bought 150k shares this week and I still have 170 cash for next week to pick up more. It's been a great 2 years in the market for me
🎓️ 1 👍 8
luvwetscent luvwetscent 10 hours ago
Yes..weasel would be better
👍️0
HGilS HGilS 11 hours ago
Great FFTC !!! You did amazing - one against a whole team
👍️0
ElementalArcher25 ElementalArcher25 11 hours ago
Dang I was to slow getting my last buy order in
👍️0
HGilS HGilS 11 hours ago
The good has won over the Evil
👍️ 2 😆 2
luvwetscent luvwetscent 11 hours ago
yep
👍️0
NASDAQ2020 NASDAQ2020 11 hours ago
Calculate Buy Out Price:

https://www.investopedia.com/terms/d/dcf.asp


from N2K

Does anyone see the SP in the calculation??

N2K said predicted revenues 5 years out is a lot of it.

Will uplisting add to this value ??
👍️0
The ELTP King The ELTP King 11 hours ago
Loser!

👍️ 1 👑 1 🥳 1
ElementalArcher25 ElementalArcher25 11 hours ago
Keep buying. I am buying dips and the sellers will run out of shares and stop
👍️ 3 💯 2
HGilS HGilS 11 hours ago
When will the longs comprehend who is taking this stock down?

And some are still entertaining the dialogue with THEM....

Incredible !!!
👍️ 3
tombe tombe 11 hours ago
Wrong!
👍️ 2
CMDawg CMDawg 11 hours ago
Have you paid back your loan yet?   lol 
😅 1 😆 2
The ELTP King The ELTP King 11 hours ago
2024 Pivotal BE Studies
❌️ Pivotal BE Study #1 (Concerta)
❌️ Pivotal BE Study #2 (Undisclosed)
❌️ Pivotal BE Study #3 (Undisclosed)
👍️ 1 👑 1 😂 1 🤣 1
The ELTP King The ELTP King 11 hours ago
If The Rat ACTUALLY attempts to sell Elite on the OTC it would be BY FAR the DUMBEST decision he's ever made....................and he's made A LOT of dumb decisions.

We'd get PENNIES ON THE DOLLAR because the acquirer would use our LOW PPS against us in negotiations.
👍️ 1 👎️ 4 👑 1 🗑️ 1 🙄 1 🙉 1 🙊 1 🤢 1 🥳 1
ElementalArcher25 ElementalArcher25 11 hours ago
Maybe he is working on it. He just doesn't want to say anything until complete so people won't be saying he lied 8 years later
👍️ 1
NASDAQ2020 NASDAQ2020 11 hours ago
Nasrat seemed OK with uplisting. Carter doesn't want to because there's a lot of work involved for him.
Would uplisting effect THE Buyout price taking in account of any splits ??

Acquiring entity may not care if the co. is uplisted or not ?



ELTP
👍️ 3 💯 3
The ELTP King The ELTP King 11 hours ago
We qualify.

He said he would conduct a reverse split when the stock hits .15 - .25.

The stock price is in the FREAKING .50's
👍️ 1 👑 1 🥳 1
Chasing Chasing 11 hours ago
technically we don't qualify so he cant be refusing.

The Rat refuses to uplist.
👍️ 5 💯 1
kayak_wench kayak_wench 11 hours ago
I too have been wondering about the 2 years without a BE. We know this:
- our investment in R&D is healthy each quarter showing Nasrat is investing in future products.
- Nasrat pretty much blew off any questions about R&D last CC and said they have it handled.
- Nasrat is open to merger or sale of company at anytime now, for the right price.
- Nasrat talked a couple of CCs ago about not wanting to show everyone what products Elite was working on because that could tip them off

Given the above here is my theory.
I agree that I don't think working on a BE or submitting an ANDA wouldn't impact the sales and operations team. But the timing of the getting the ANDA approved has to correlate to a time the sales and marketing team have time to work on growing a new product. I think Elite has turned around an ANDA submission about a month after a BE is announced by doing some things up front. Elite is in the middle of rolling out a half dozen products that sales and marking and the manufacturing team have to focus on for a good few months. If the don't they risk disappointing customers. And a customer unhappy about these products aren't going to want to buy any future products for Elite. We saw that it took about a year (from when Elite starting markting) for Adderall to hit the max sales and level out. If Nasrat had let a BE come out in late summer or this past fall he would be needing to launch another giant needle mover in mid to late summer. That is probably the crux point of making sure all the very new Vyvanse and opioid customers are happy and his operations team is able to meet the new markets without delays. It probably is 'better' for the company for Elite to be planning to roll out a new needle moving late next year or early 2026 (a year after the Vyvanse launch).

So here is what I think Nasrat decided. I think he is sitting on wrapping up a BE and is instead funding new pilot studies such that he that he can have several generic for products that lose there patent in the 2025 and 2026. Doing this
- doesn't those his cards to his competitors
- gives him multiple opportunities to be first to market
- makes Elite more valuable to anyone looking to purchase the company

To roll out a new product end of this year beginning of next we need a BE to drop anytime between now and mid-Feb CC. I think there is a very good chance of that happening.

Reminder of billion plus drugs that are capsule or tablet and the date they go off patent.
Farxiga 10/25
Xeljanz 12/25
Januvia 5/26
Sprycel 9/26

FYI, he is not going to tell us about some plan like I described until after he has executed it or he will give his competitors a heads up. But given his history of navigating chopping waters successfully and having successfully planning for the ultimate goal of sale, merger or uplist if he is cocky again I think we should trust him.
🎓️ 2 👍 1 👍️ 7 💥 2 💯 2
for real for real 12 hours ago
Are you off your meds self proclaimed king. You and your other alias both trying to bring it down today. Definitely see which side you are really on.
👍️ 4
The ELTP King The ELTP King 12 hours ago
The Rat refuses to uplist. (He's lied for OVER A DECADE saying we would)

And the reasons for The Rat not wanting to uplist is as follows:

1. The Illegal Mikah Scam will be EXPOSED.

2. The Rat will have to hold LIVE conference calls again and us long-term shareholders will call in and talk so much SH*T to him for what he's done to us over the past DECADE PLUS.

3 cent spread?
👍️ 1 👑 1 🗑️ 1 🚽 1 🧻 2
HGilS HGilS 12 hours ago
It used to take a year to move by 3 cents - we do it in minutes now - this is true progress
👍️ 3 😎 1
jour_trader jour_trader 12 hours ago
3 cent spread?
👍️ 2
snupoled snupoled 12 hours ago
IB, you slapped my face with reality check, that ice cold water thrown on me has awakened me thanks, snup
👍️ 1 👎️ 1 👶 1
NASDAQ2020 NASDAQ2020 13 hours ago
BuyOut Price going UP Every Month that passes.

LOCKED $$ LOADED
👍 3 💯 1
IB_ IB_ 13 hours ago
No doubt it's a better company but it's the same CEO ..........

Just because some things are finally being done right, it doesn't mean that there isn't room for improvement !!!!!!!!!!!

A little respect for us shareholders would mean a lot ...........

IB_🤴
👍️0
snupoled snupoled 13 hours ago
Thanks for response
👍️0
Maxthedog Maxthedog 13 hours ago
Get over it guys, when you're talking about 2017, Nasrat wanted the best for himself and the stock price but it didn't happen. Now it's 2025 and the situation has changed, eltp is actually growing revenues and making profits. It's a niche that is working out pretty good from what I can see. Compare 2025 to 2017, it's the opposite, close to 40 million isn revenue in just 2 quarters verses having to borrow money to keep the company alive. Get over it.
👍️ 8 💯 3
HGilS HGilS 13 hours ago
WHO CARES what Nusrat said 2 or 3 years ago.

The clock was reset on August 15th 2024 if you have not noticed.

I WORSHIP NASRAT, MIKAH , DIANNE , DOUG and KIRKO!!!
👍️ 8 💯 2
IB_ IB_ 13 hours ago
Some posters here, "notice I didn't necessarily say shareholders" has turned the board into the nasrat worship center !!!!!!!!!

They never want to discuss the statements that has been made over the years on the calls that never materialized ... The King just brought an example up the other day concerning the statement on I think two different calls in 2017 at how we would be on the Nasdaq in 2 years ... The worshippers don't wanna address that false scripture ........... So many want to hype the $0.03 to today's price but they don't want to talk about how they have held shares from $0.97 down to $0.03 and how they sat and waited many YEARS for that to change !!!!!!!!!!!

Ask the Disciples, where are those BE studies that we were told to expect in 2024 .... crickets or BS will be what you hear .........

There is a reason we are still on the OTC, if you ran Elite would you want large fund managers breathing down your neck to improve things like Investor Relations, Press Releases, Performance based compensation ?????????

IB_🤴
👍 1 👎️ 3 💤 1 😿 1
snupoled snupoled 13 hours ago
IB yes, but can't believe so many have no expectations for CEO for transparency, and what r our goals for tutes buying our stock 2-5 bucks PPS for them to jump in,
I'm told some held thru 3 runs since 2014?
No communication? Who cares? Stop whining? Cult like, it wasn't always like this, so we r up what approx. 13% on 1,300,000 shares traded for 2 days totals, volume is dreadful, manipulation rampant, i forgot how bad otc trading is! I need elite to act like they r allowed with retailers, I need a letter to shareholders hitting a minimum of be studies, Rd goals 2025, separate section on all things opioids, another section on acceptance of growth stock status with expectations of PPS reward, rs for tutes into strength! Or paragraphs on plans for dollarland, NASDAQ, we are at a juncture, I CANT ACCEPT MORE OF THE SAME, Without concluding top management goals maybe to stay on otc. Etc., enjoy weekend! Snup
👎️ 3 👶 1 💤 1 🚽 4 🧻 1

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