Elite Pharmaceuticals Inc (QB) (ELTP) News

i smell an alter

Hey Thanks A Lot King👑 !!!!!!!!!!!!!!!!!!!!

This is serious. The Lyin’ king is “ON THE RECORD”.

Hi Kenny 335, I am still very long ELTP. I have a few other stocks, but also some inverse ETF’s that have been doing fantastic lately. I have sold a percentage of the inverse funds into the rally. I will buy them back if the S&P rallies causing the inverse ETF’s to drop. All this is just my opinion. I’m sometimes wrong. I don’t bat 1000, but I usually turn a profit. Good luck to you.

Hahahahaha one of the same!!!!!! ELTP $$$$$$$

Elite will sidestep the carnage ...imo....my only stock holding presently

99%!? How did you convince Nasrat?

99% of shareholders AGREE with my three criteria.

THEREFORE, the vote won't pass unless ALL THREE items are met.

Thanks.

You don’t have enough shares to make a difference. If you did you would have been required to file a 13D or 13G.

Spot on and common-sense post of 2025 .........

Hey Thanks A Lot King👑 !!!!!!!!!!!!!!!!!!!!

IB_🤴

***** Within 6 days *****

Thursday, January 30, 2025

-"All matters in this action shall be STAYED for thirty days, to enable the parties to meet and confer; the parties shall submit a joint report to the Court within fifteen days of the conclusion of the thirty-day period."

https://www.pacermonitor.com/case/51356241/PURDUE_PHARMA_LP_et_al_v_ELITE_LABORATORIES_INC,_et_al

I'm ALREADY on record stating I will NOT be accepting any deal that involves shares of another company.

I invested in ELITE, not some other douchebag company.

IN FACT, I believe it is downright ILLEGAL to be given shares of another company I did not WILLINGLY invest in.

IN ADDITION, I'm also on RECORD stating I will not accept ANY deal if Mikah still exists at the time of the buyout REGARDLESS of how high the acquisition price is because it would have been even HIGHER without douchebag Mikah AKA NasRAT.

AND FINALLY, as seen on my new alias, I will NOT be accepting a buyout price of LESS than $2.00 per share.

SO IN CONCLUSION, ALL of the following criteria MUST be met in order for me to be voting "Yes" for the buyout. If even ONE of these items is not met I will be voting a big fat "NO".

✅️ 100% cash and cash ONLY
✅️ Mikah no longer in existence - MUST sell it's Adderall ownership to Elite
✅️ $2.00 or higher PRE-reverse split

Thanks.

All these buyouts yall are posting have been cash deals. Wonder what’s coming our way 🧐

Dow Jones: -2.08% Loser!
S&P 500: -2.69% Loser!
Nasdaq: -4.00% Loser!
ELTP: +.73% Winner!

Starting to believe you’re a clown too!!! Luv got you a set of keys to be driver, balloon time!!!! ELTP$$$$$$$7.11

Sadly, I think there is a very good chance you are correct. ELTP held up very well today though.

You think we could see "Marsh"🐍 2020 numbers again in the overall market ??????????

IB_🤴

All these buyouts yall are posting have been cash deals. Wonder what’s coming our way 🧐

Great news for us younger folk. Everything on sale. I’d be worried if I was retired.

wait'll the youngsters see what a bear market can do to stock prices..likely many never lived through one..and they're gonna be witness to one that will be more vicious than any that came before.

Another acquisition:
Alliance Pharma To Be Acquired By Aegros Bidco In Deal Worth GBP 362 Mln
March 10, 2025 — 05:18 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Alliance Pharma Plc. (APH.L), a pharmaceutical products manufacturer, Monday announced board approval for an agreement to be acquired by Aegros Bidco Ltd. in a cash deal worth GBP 362 mln.

As per the agreement, Bidco will acquire all Alliance shares, except those held by DBAY Advisors Ltd. managed funds or companies. The Acquisition will be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act and the deal is expected to be completed in the first half of 2025.

Which one?

Mea culpa! Spx, I'm eltp bottomed. Buy now.

I feel like family and friends, being able to add at these levels.

BuyOut coming GLTY

Just because the revenues in January are very high. That doesn't mean that trend will continue. I'm not saying it will, it will not, I'm just saying one point in space and time does not set a trend and everybody was jumping on one event in a quarter out of context that the sales are going down.

Our sales are not going down. Elite is still leader in the industry in Amphetamine IR and ER, and we will be as well in Lisdex.

Comparing CKPT and ELTP:


I had a couple of other questions that I'll answer. What are our plans to clean up our capital structure? Our capital structure is actually very solid and very clean.

We have almost everything in common stock.

We have no preferreds. We do have some warrants.

We have no onerous covenants.

So this capital structure is almost as clean as anything can possibly be.

So we're really looking good as far as that's concerned.

I got a question on will the Hakim and Caskey promissory notes be paid at the end of the fiscal year. Remember, the fiscal year ends March 31, those are due on March 31. They're actually due in the first quarter of the next fiscal year, and our plans are that we will pay those amounts, which totaled $4 million when they come due, which will be in the Q1 of the 2026 fiscal year.


So to sum things up, our financials have never been stronger, and they are one of the reasons that Elite is positioned extremely well for the next phase of our strategic plan, which I'm sure Nasrat will go into a little more in detail.

Carter:
Now when I say shipments were delayed until early January, I'm not just talking about the product lines, which we have been selling the past 2 years, which were substantial, especially the Generic Adderalls, those have delays. But also included in this delay is the full commercial launch of the lisdexamphetamine, which is our generic for Vyvanse. These volumes were well in excess of all of our other products combined. And they were delayed as well the same reason. It would have been nice to have some of that shipped before December 31 instead of a few days later. But the most important thing is that they were shipped, they're on the market, we're gaining share.

So if you look at our balance sheet, you'll see that our inventory increased more than $6 million during this quarter.
So from $14 million in September to $20 million in December 31. That should give you a good visual of the shipments that went a few days after the quarter end. They were there. They were sitting in our warehouse, orders received, pallet stage, ready to ship and they were.

In fact, January 2025 was our best ever with regards to shipments, revenues, contribution margin and February is tracking in a similar fashion. The month of January was almost as much as the entire quarter that we just reported. And as I said, February (Edited) is also tracking in a similar fashion.

Because he should finally place the shareholders above the Nasrat family and friends. He’s made enough money

Im toppin off while we wait for the buyout.

GLTY

Why should Mikah give away $millions and $millions in profits?

Last I checked, Mikah is not a non-profit organization.

Nasrat should divest himself from MIKAH and give the portion that he acquired, give , to elite.

Interesting discussion on the CKPT boards after the buyout - Compared to them, our balance sheet looks great - they have partial ownership from FBIO, and Tons of warrants - so instead of seeing the share price at $8, they see it at $4.10 - investors are pissed.

India Sun Pharmaceuticals buys Checkpoint Therapeutics for $355 Million.
Not Tariffs motivated. Checkpoint had a new drug approved a few months ago. All was hush hush.
Today in the first 2 hours of pre-trading only 600K shares were traded to get the 66% up value of the company.

When this happens, you do not have the time to buy much shares and you have to be the first to pull the trigger.

Another Buyout - this time from India:

https://finance.yahoo.com/news/top-india-drugmaker-sun-buy-034544292.html

Still not Tariffs motivated... Checkpoint got approval for a drug - they have been bleeding money for a while.

It will take at least 5 years to recoup the investment.

Nasrat should divest himself from MIKAH and give the portion that he acquired, give , to elite. He has made enough.

It goes down after news from Nasrat. CC - down. Press release - down. Only news I want to hear is we have sold the company

Market will be down and Nasrat says zero. Nada , nothing. WTF. Announce some damn news already. 12 cents to 47 cents in 13 years and still on the OTC is not something a ceo should be proud of.

we're selling 10 cents on the dollar. really have to include that in this math.

That’s only 0.75% of the $4 billion Vyvanse market. That’s if we did not make any other drugs, too lol

30,000,000 lol

30M
——
4.0 B

X 100 = 0.75%

$30 million only gets us to $80 million for current year. We will see how this current year ends up in June.

$90- $100 million year Possible we will know in 3 months

One thing for sure..there will be a record breaking number of posts between now and June.

WAY OFF.

THIS quarter will EASILY clear $30 million so that's a BARE MINIMUM $120 million run rate.

HOWEVER, Fiscal 2026 beginning April 1 will EASILY clear $160 million ($40+ million per quarter).

We're launching 2 new drugs PLUS the launch of Adderall in Israel PLUS the growth of Vyvanse PLUS Elite will be selling Adderall XR all by themselves beginning April 1.

$90- $100 million year imminent .

elite will tank tomorrow. For the past 5 months it's been going down from .75 to .45. I don't expect this will change but when it does, yehaw. The stock price has been controlled for quite some time now. We finally got some PR with the new facility and what did it do? Go up then down, same old song and dance. We could get some sparks with PR news about advisory firm but don't expect that to happen because I want it.

M&A advisory firm could be selected for THE buyout as early as next week.

GLTA

ELTP

Pre market is down and elite will tank tomorrow. Nasrat needs to get shrewd of this meltdown

Now!!!

Heads up:
Purdue pharma settlement discussion
Second story on 60 minutes tonight
First story is on deck
Volume pickup last week heartening
Snup

$90- $100 million year imminent .

That would be a steal for a co. with a 5 year projection of yearly revenues of $500+ million to $1 billion

ELTP

my conservative nature

I think the B4 model is double the price. HenriB4 that is.

84 mil for the current year

To whoever is in charge of this account, you went way too cheap on this shorting bot. Surely there’s a better package that has more than 3 buzzwords.