Skullcandy, Inc. (SKUL) Message Board
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Lincoln cannot own 10% or more of the outstanding stock,
they are already getting about 5.7 million shares free as a signing bonus, so that only leaves room for about 30 million more shares at these prices which means elite will bet less than $2.5 million
and that money, arriving at the rate of $160k per week will be be consumed repaying the loan from the ceo in july (plus 10% interest) and making overdue principal payments on the njeda loan in september - Reply to
pumpers are perplexed as patents and pr's just send elite lower
by meifud •May 17, 2013 12:32 PMinsiders know better what the true value of the company is, and that's why they sell
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pumpers are perplexed as patents and pr's just send elite lower
by meifud •May 17, 2013 12:32 PMexcept that carter is the CFO and he did sell over 200k shares on december 9th
and, you DID post that the patents were worthless
perhaps what you are upset about is that we suggested you still believe in the billion dollar pipeline? have you changed your mind about that too? -
and then there are all those shares he bought at much higher prices
couchiekoochie is just a hatin' life -
could it be shorts quietly leaving, or shorts quietly adding? which would be more likely at this juncture, or neither?
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really, couch, you said elite's patents are worthless, so why do you own the stock
by meifud •May 14, 2013 10:36 PMhow about your projected sales figure for just one of the drugs?
which one is your favorite? the one that might get us back to the low double digits for a while? -
of course, a few of them have finally admitted the patents are worthless but they still believe elite has a billion dollar pipeline
if that were the case why would insiders, including the chief financial officer, sell 16 million shares in the last six months on the open market? - Reply to
elite's insiders selling in advance of any sale of their interest in novel
by meifud •May 15, 2013 9:41 AMon the other hand, maybe the idea was that it might have caused a bigger pop, and insiders would have been able to sell ten times as many shares
these insiders have a real problem in that they own most of the stock, and nobody wants it -
didn't do much for their loyal followers but most of them have become hardened masochists as a result of taking such a pounding in this stock anyway
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good question. the whole market soars, the dow has doubled, and yet there are dunces here grateful to have been been losing money and volunteering to lose more
their mindless optimism is a mystery, but it appears they are simply too stupid to see reality - Reply to
couchiekoochie admits elite's patents have no value, conrims pumpers have been lying
by meifud •May 9, 2013 10:02 AMcould be contributing to more folks dumping the stock
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and mikah (hakim spelled backwards) is a company with two employees, the husband (hakim) and his wife, that has never produced or marketed anything
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that's the record
she is one of the long term holders who bought cheaper shares that are green on paper, but she also has real red losses that were supposed to be on last year's taxes -
from the 10-q...
Discontinued Development – Isradipine
Isradipine was one of two products in an agreement with Mikah Pharma that was intended to be transferred to Elite for manufacture. (Phendimetrazine was the second product and its launch is described above.) Preliminary production batches of Isradipine at Elite, using the equipment provided in the agreement, was not cost effective. Mikah and Elite therefore mutually agreed in an amendment to the agreement to discontinue transfer of the Isradipine.
however, while elite tries to lay the blame on the equipment provided, the agreement actually made elite responsible for supplying equipment and doing a lot more,,,
"Elite is required to perform, at its sole cost and expense, all Technology Transfer, validation and qualification services (including: equipment, methods and facility qualification), validation and stability services required by Applicable Laws to commence manufacturing Isradipine and Phendimetrazine for commercial sale by Mikah or its designees in accordance with the terms of the Isradipine/ Phendimetrazine Agreement" -
its all in SEC filings available to anyone with an open mind and a smidgeon of curiosity
we have never shorted any stock because that is as anathema to the purposes for which the markets were founded as are the day trading penny stock pumpers -
elite should not have walked away
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new FDA guidelines say no to ELI-216, elite's two-bead oxy deterrence failure
by meifud •Apr 26, 2013 4:27 PMelite's version of a two-bead was naive from the start
a true pharmacological approach would introduce the agonist relative to the concentration of of the opioid in the blood stream - Reply to
MORE LIKE STEAMING PILE OF DUNG NO MOUNTAIN OF GREATNESS
by hunglow64 •Mar 26, 2013 11:11 AMelegant, eloquent, and accurate
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savvy investors have been invested in main stream stocks that have doubled along with the dow
buy and hold is a good strategy for the type of stocks buffett buys, not this roll of the dice stuff -
does it ever bother you that the market is soaring while you have been losing money on elite, that if only you woulda bought a real stock instead of speculating on this penny promise you coulda made some dough