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Elite Pharmaceuticals, Inc. Message Board

rickwest14710 51 posts  |  Last Activity: 10 hours ago Member since: Jun 13, 2011
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  • Reply to

    Interesting

    by doublebabydouble Jun 23, 2015 5:04 PM
    rickwest14710 rickwest14710 10 hours ago Flag

    Today, on Yahoo, is an article stating that hydrogen gas fuel cell powered cars are growing in popularity. The car companies listed were: Toyota, Honda, Mercedes-Benz, Hyundai, and BMW. The biggest problem they listed is the problem of locating refueling stations. Otherwise, buyers enjoy the ease and speed of refueling, similar to that of gasoline powered cars.

    The question, now, is how can Neah capture a piece of that action?

    Sentiment: Strong Buy

  • Reply to

    Dilution

    by gutherg Jun 30, 2015 4:18 PM
    rickwest14710 rickwest14710 Jul 1, 2015 8:01 AM Flag

    Since I am so naive, please explain what do you believe is their intent? If their technology is so useless, why would a company like Shorai want to be associated with Neah when there are other choices for them? If the company has no potential, why would the recent investors risk their capital ($1M+) with Neah? I guess that these people must also be naive enough to fall in a trap.

    Sentiment: Strong Buy

  • Reply to

    Dilution

    by gutherg Jun 30, 2015 4:18 PM
    rickwest14710 rickwest14710 Jun 30, 2015 5:30 PM Flag

    That is only true if the Series B shares, purchased with the loaned funds, are converted to common stock, which can only happen at the choice of the company.

    I believe that Neah is basically a component manufacturer. Those components have to be sold to integrators of those components to be made into units in order for Neah to make any profits. However, as is common with new technology, integrators have to see the potential of designing and manufacturing such units before they will take the risk. So, it is up to Neah to demonstrate that potential and create that interest. My hope is that Shorai is a channel to develop such pilot products. Then, when these initial products come out and demonstrate the benefits of using fuel cells, over other power solutions, other integrators will buy these components for their own designed and manufactured products. If Neah and Shorai do a good job, the snowball effect will create product demand.

    Sentiment: Strong Buy

  • rickwest14710 by rickwest14710 Jun 30, 2015 4:52 PM Flag

    Today's PR states "On June 30, 2015, George O’Leary resigned as a member of the Board of Directors of NeoMedia Technologies, Inc." It would be interesting to know "the rest of the story."

    When I saw it, I was hoping that Laura Marriott was finally admitting her incompetence and resigning.

    Sentiment: Hold

  • Reply to

    Interesting

    by doublebabydouble Jun 23, 2015 5:04 PM
    rickwest14710 rickwest14710 Jun 30, 2015 2:28 AM Flag

    That was true before battery charging stations became more available (this is only true because of FED subsidies). So, if a fuel can be standardized, refueling stations can become just as common as the chargers.

    I found rough info, as follows:
    The Toyota Mirai is indeed interesting: Hydrogen gas fuel, 300 mi per fill, refuel in 5 minutes, MSRP $57.5K.

    The Tesla Model S 85D: 270 miles per charge, recharge in 30 minutes (alternative - battery swap, at a cost, in 90 sec.), MSRP $79.9K.

    The new Chevy Volt: 200 mi, unknown recharge time, MSRP about $30K.

    To me, the ideal fuel cell car to compete with IC engine cars would be: 400 mi per fill of a liquid fuel (alcohol or acid, not a pressurized tank), refueling as simple as that of gasoline, and an MSRP of $30K to $50K.

    We will have to wait and see how things shake out.

    Sentiment: Strong Buy

  • Reply to

    What Can We Expect to See Next from CTIC?

    by umbertodiego Jun 21, 2015 10:39 PM
    rickwest14710 rickwest14710 Jun 29, 2015 5:02 PM Flag

    How much do they pay you to release that message?

  • Reply to

    Interesting

    by doublebabydouble Jun 23, 2015 5:04 PM
    rickwest14710 rickwest14710 Jun 29, 2015 4:25 PM Flag

    Let's wait and see what happens.

    Today, I heard that Chevy is competing with Tesla with an electric car. It was stated that this is, in part, because the Fed is demanding that car companies do so (tax incentives, etc.). It has a range, on a charge, of 200 miles, and I believe that that is even better than that offered by Tesla. Once again, the FED is picking winners and losers. Now is a great opportunity for fuel cell companies to show that fuel cells (power generation) are a far better solution than batteries (power storage) for powering these cars, and do so 24-7. I believe that Neah can play a part in making this presentation.

    Sentiment: Strong Buy

  • Reply to

    Dr. S Increased Investment in VSPC

    by rickwest14710 Jun 25, 2015 3:41 PM
    rickwest14710 rickwest14710 Jun 26, 2015 4:46 PM Flag

    Based on that statement, all longs will benefit if that happens. Good news.

    Sentiment: Buy

  • Reply to

    Dr. S Increased Investment in VSPC

    by rickwest14710 Jun 25, 2015 3:41 PM
    rickwest14710 rickwest14710 Jun 25, 2015 5:44 PM Flag

    A shell is worthless unless the company grows. Shareholders should be buying on these dips, as well. This PPS is unbelievably low. Dilution is only possible if shareholders approve it.

    Sentiment: Buy

  • Reply to

    It's about synergy

    by morninggas Jun 24, 2015 7:33 PM
    rickwest14710 rickwest14710 Jun 25, 2015 4:39 PM Flag

    Please reread your statement and see, if not, it applies you, as well.

    Sentiment: Strong Buy

  • Reply to

    It's about synergy

    by morninggas Jun 24, 2015 7:33 PM
    rickwest14710 rickwest14710 Jun 25, 2015 4:12 PM Flag

    What ever you are trying to say is incomprehensible. Please sit down, think about what you are trying to convey, and rewrite your entry. Then read it through and, only when it makes sense to you, press "Post," but not until you have done so.

    Sentiment: Strong Buy

  • Once again, Dr. S increased his investment in Viaspace. The total is up to $780K out of the committed $1M. This shows continued faith on his part.

    Sentiment: Buy

  • Reply to

    Interesting

    by doublebabydouble Jun 23, 2015 5:04 PM
    rickwest14710 rickwest14710 Jun 24, 2015 3:10 PM Flag

    There are two lenders, resulting in total funds of $1,071,984, plus an additional amount of $82,500 being for fees, so there are sufficient funds to complete the Shorai deal. However, the agreements with the lenders are different. They have get moving quickly, as they have to make payments to each lender within 1 year or convert the debt into stock.

    I now expect to see a positive PR by the 7/15 deadline.

    Sentiment: Strong Buy

  • Reply to

    When will RickWest lose faith?

    by gutherg Jun 19, 2015 12:06 PM
    rickwest14710 rickwest14710 Jun 23, 2015 2:32 PM Flag

    You wrote: ".. the turbines are teatherd so they do not overload the grid." According to nodal theory, the sum of all currents at a node = 0 (EE-101). Therefore, a generator cannot supply more current than that demanded of it by the load. Furthermore, on a grid, generators must supply power at a voltage and frequency to match the grid, otherwise it becomes a load and not a generator. How they maintain voltage and frequency stability with wind power is beyond me. With DC to AC inversion, it is much easier and dynamic to maintain this stability. Fuel cells are becoming a growing source of that DC power.

    Sentiment: Strong Buy

  • Reply to

    When will RickWest lose faith?

    by gutherg Jun 19, 2015 12:06 PM
    rickwest14710 rickwest14710 Jun 22, 2015 5:58 PM Flag

    I think that P.T. Barnum had a saying about that type of thinking. It demonstrates the poor understanding that most of the "public" has about economics and science (I know, these things are just too difficult for many to learn, so they echo the advise of their "advisers.") Do you ever watch "Watters World" on TV? The ignorance he documents there is simply amazing.

    By the way, the first modern wind turbine I ever saw was on the NE shore of Oahu, maybe around 1987. I remember that it was huge and noisy. If I lived there, I would not look at it in a favorable way.

    Sentiment: Strong Buy

  • Reply to

    When will RickWest lose faith?

    by gutherg Jun 19, 2015 12:06 PM
    rickwest14710 rickwest14710 Jun 22, 2015 5:13 PM Flag

    I live in So. Cal. and there was news coverage this weekend about how dust and pollution have to be constantly removed in order to keep solar panels and mirrors, for projects like that near Barstow, from reducing the solar efficiency. That maintenance is costly. So much for FREE Energy.

    Every time I go to the Palm Springs area, not only am I struck with the ugliness of the wind turbines installed there, but you quickly notice that many are not even turning and many are in need of repair. Not to mention that most of them are manufactured in China and not the US. Again, so much for FREE Energy. I know a farmer in NE Colorado who tells me of the devastation to the farm land from wind turbines that have been installed there. For many land owners there, they are making more from the wind turbine payments than they made from farming the land. I believe that this is largely, however, due to those subsidies and would not be true without them.

    I believe that these subsidies need to be removed from all of these alternative energy sources and let the market decide the winners and losers.

    Sentiment: Strong Buy

  • Reply to

    When will RickWest lose faith?

    by gutherg Jun 19, 2015 12:06 PM
    rickwest14710 rickwest14710 Jun 22, 2015 4:54 PM Flag

    Yes! I am a strong believer in fair markets and subsidies distort that fairness. Only through competition do suppliers find solutions to cost issues. As an example, just look at how the cost of big screen TVs has dropped in such a short period of time, heavily driven by competition. The fed has no business giving away tax payer funds to prop up such businesses.

    Sentiment: Strong Buy

  • Reply to

    When will RickWest lose faith?

    by gutherg Jun 19, 2015 12:06 PM
    rickwest14710 rickwest14710 Jun 22, 2015 2:34 PM Flag

    Let's hope that, with the recent merger and agreement activity, that they will be more positive about their future.

    By the way, I am seeing an increased negative attitude by the public regarding wind and solar, which hopefully should reduce the fed subsidies for these alternative power sources. Both methods are showing a high cost for maintenance requirements. This has to be positive for fuel cell developers.

    Sentiment: Strong Buy

  • Reply to

    Emperical Evidence

    by n8urefish Jun 22, 2015 12:23 PM
    rickwest14710 rickwest14710 Jun 22, 2015 2:02 PM Flag

    They now have serious revenue ($0 in 2012, $35M in 2013, $60M in 2014). That is tremendous growth over the past 3 years. So, although the NI remains negative, if the revenue continues the rapid rise in 2015, they are on their way to being profitable, a tremendous accomplishment.

    Sentiment: Strong Buy

  • Reply to

    Merger

    by schmaggin Jun 15, 2015 9:40 AM
    rickwest14710 rickwest14710 Jun 22, 2015 1:40 PM Flag

    Today's PR indicates that they sold Series B securities sufficient in amount to make the $1M merger payment and still have some funds left over to do some other work. So, by the 7/15 date, the merger deal should be complete.

    Sentiment: Strong Buy

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