nothing but a traders item...no progress, they earned one cent..the clown on the corner selling balloons is doing better than ELTP..what a laughingstock it is..pure trash.
With the pipeline in the process of being released and sales already being made, the forward looking PPS should be even higher than $0.17. I expect that the YF 1YR estimate of $4.00 may materialize, after all, once shareholders gain enough faith.
actually, they haven't had a plan, just dreams, visions, or aspirations depending on what pr or cc is involved. the new ceo pretty much said elite was flailing about not knowing how to proceed. he has brought a plan but seems to have significantly revised it within his first months what with farming out the drugs that he had told shareholders elite was going to produce -- and, of course, after he picked up 143 million shares (while concurrently burdening elite's balance sheet with $10 million in debt) by routing the drugs through elite when he could have just farmed them out to epic from his own company.
it is still a long play but it has certainly lost some luster and is even looking rather suspicious right now. let's see what the ceo has to say on the cc -- not about how farming out the drugs was good for elite, but why he told shareholders they were submitting the drugs to the FDA to start producing them on an expedited, priority basis, only to abruptly farm them out sacrifice a big piece of the potential profits
Williamsux check out my post on pasta. Eat now or get eaten. Mangiare stupido.
For I am Fah King Ama. King of DD and King of the charts. Get ready for some meatballs.
Sentiment: Strong Buy