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Elite Pharmaceuticals Inc (QB)

Elite Pharmaceuticals Inc (QB) (ELTP)

Closed February 29 04:00PM

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Key stats and details

Current Price
0.16 Day's Range 0.169
0.028 52 Week Range 0.2119
Market Cap
Previous Close
Last Trade
Last Trade Time
Financial Volume
$ 80,006
Average Volume (3m)
Shares Outstanding
Dividend Yield
PE Ratio
Earnings Per Share (EPS)
Net Profit

About Elite Pharmaceuticals Inc (QB)

Elite Pharmaceuticals, Inc. is a specialty pharmaceutical company that develops niche generic products. Elite specializes in developing and manufacturing oral, controlled-release drug products. Elite owns multiple generic products which have been licensed to Lannett Company, Prasco, LLC, Epic Pharma... Elite Pharmaceuticals, Inc. is a specialty pharmaceutical company that develops niche generic products. Elite specializes in developing and manufacturing oral, controlled-release drug products. Elite owns multiple generic products which have been licensed to Lannett Company, Prasco, LLC, Epic Pharma, LLC, and TAGI Pharma. Elite operates a cGMP and DEA registered facility for research, development, and manufacturing located in Northvale, NJ. For more information, visit Show more

Pharmaceutical Preparations
Pharmaceutical Preparations
Carson City, Nevada, USA
Elite Pharmaceuticals Inc (QB) is listed in the Pharmaceutical Preparations sector of the OTCMarkets with ticker ELTP. The last closing price for Elite Pharmaceuticals (QB) was $0.16. Over the last year, Elite Pharmaceuticals (QB) shares have traded in a share price range of $ 0.028 to $ 0.2119.

Elite Pharmaceuticals (QB) currently has 1,013,915,081 shares outstanding. The market capitalization of Elite Pharmaceuticals (QB) is $162.23 million. Elite Pharmaceuticals (QB) has a price to earnings ratio (PE ratio) of 45.71.

ELTP Latest News

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ELTP Discussion

View Posts
prk8r3 prk8r3 5 minutes ago

These are the new Burrel/Elite. Ordered Monday got them on Tuesday and got more
Wednesday too. Amerisource is already out of stock on XR 30, went through over 100 bottles
in 2 days, Elite better start producing more 😀. Our fastest mover is the XR 30. We go
through 3 bottles a week.
DSherman DSherman 2 hours ago
This is so far above your head re ‘shareholder’ votes, the CFO/Sec Treasurer of the Co will merely gather the votes necessary which usually is comprised of insiders with common stock and pref share votes to attain the majority. For the last time, your puny vote does mean chit in closely held and most OTC stocks. To simplify it further, they made a few phone calls but didn’t need to call you, lolololol.
👍️ 1 😂 1
DSherman DSherman 2 hours ago
A few posted a list of CEOs for your perusal. Cute pointing out a typo but realize that’s all you got. Also, I see you skipped over defending your friend’s ignorance.
Pharma Sleuth Pharma Sleuth 2 hours ago
Yeah. I'm 100% positive on bubba412.
Pharma Sleuth Pharma Sleuth 3 hours ago
Bubba is an actor. Playing the same role he did when he created the ID. I'm 50/50 on Weezuhl but his literal name is Weezuhl. Not exactly the name a serious person would create while bashing the company.

Like AMA is ask me anything and that's his role before he was changed to be the king but still same role

Eatman - obvious

IB Stoopid - that was his role and so on.

I am pretty sure this is just an act in the play. And he has no argument and can't point to any harm he has been caused. I'm pretty sure he is an actor
👍️ 1
JamesF1 JamesF1 3 hours ago
I’m long a lot of shares. I think Bubba and WeeZuhl have followed this company a lot longer than me, and probably a lot longer than you. They got burned badly on SequestOx. They truly believe Nasrat broke laws. My opinion is they make a reasonable case for their viewpoint, but IMHO it is a losing argument. I am happy to be long ELTP. I think you are on the right side of the trade, but are very wrong about your “boss” theory.
Pharma Sleuth Pharma Sleuth 3 hours ago
Ok. So if you take your post history on EFLN and look at that stock, it is clear you are working for someone that is short. Do you know how many millions of shares of ELTP you need to help cover?

I know you guys are used to OTC that has to dilute and you can short it into oblivion. Well your boss anyway but that's not gonna work here. So you can tell us how many millions of shares it is. I won't tell anyone.
👍️ 2 😅 2
Pharma Sleuth Pharma Sleuth 3 hours ago
Ok. I'll ask a deeper question. When you first created this ID and were assigned to play the same role you are playing here...13 years ago...

On the EFL board.

Do you know why?
👍️ 1 👑 1
Pharma Sleuth Pharma Sleuth 3 hours ago
Here is a wild one. When you first created this ID, you called green money "king". On the EFL board. Is this a common thing in your guys stock manipulation groups? Someone has to be called king?

And since you had just created the ID, it is clear you knew the person and to refer to him as king but had just started posting.

And you are playing the same role there 13 years ago. Like I keep saying. Actors and theatre
👍️ 1
Pharma Sleuth Pharma Sleuth 3 hours ago
Is your point that you don't know why you are here? These really are the simplest of questions. The simplest of concepts.

So if you don't know why you are here, the other two assumptions become the most likely
👍️ 1
bubba412 bubba412 3 hours ago
Thank you You just made my point That’s all you have Same tired lines One trick pony lol And for your info Not one of your assumptions is correct Now try to get some new material
💩 3 🤡 2
Pharma Sleuth Pharma Sleuth 3 hours ago
Ok. So let's look at the possible answers

1) disgruntled ex employee. Certainly possible. But the dedication makes it seem unlikely

2) Sold your shares and need to buy back in cheap. Didnt see the latest run coming.

Now these two items assume you know why you are here. I don't think you do. But both are some fairly obvious possibilities but the dedication over this much time makes it unlikely

The most likely that fits both a motive and the dedication is that you are compensated to be here. That solves the dedication question so what's the why?

Well assuming you are required to be here

1) your boss is still short millions of shares...I think this is most likely

2) your boss has been in an accumulating phase for some time. Also possible

So I have provided four options for you to pick.
👍️ 1 🤣 1
Pharma Sleuth Pharma Sleuth 4 hours ago
Nah. You aren't interested in an intelligent discussion. Isn't a person's motivation to bash a stock they dont own all day long for years way more interesting then the daily ongoings of a pharmaceutical company?

We get updates monthly and quarterly as things occur with the company.

But you and the rest have to be here all day long. I think that's way more fascinating. It's not like we get a tally every day of of number of pills shipped etc...

You are here because you need to convince people of some sort of nonsense and for people to not actually pay attention to the actual fundamentals and items in the near and long term driving the value of the company.

But the "why?" is the question
👍️ 1 🤓 1
bubba412 bubba412 4 hours ago
Have no desire to deal with you Your a one trick pony Every message you write is the same stupid maneusha Where are you from ? Why are you hear? How many shares did you short? Etc etc Try to broden your horizons and maybe some we can have an intellgent discussion
💩 1 🤮 1
Pharma Sleuth Pharma Sleuth 4 hours ago
Eatman, your best guess. Why were you assigned to this board? What is your purpose here? Best guess..
👍️ 1 👑 1 💲 1 🤔 1
namtae namtae 4 hours ago
Don't be too hard on the kid. He actually posted that knowingly lying is protected under safe harbor

He's not too bright
🐐 1 💩 2 🤮 1
Pharma Sleuth Pharma Sleuth 4 hours ago
You aren't a shareholder. And I asked you the other day, how have you been harmed? You seem to want to pretend there's some litigation so what is your claim. Again, it's all nonsense but it is entertaining
👍️ 1 🤠 1
ElementalArcher25 ElementalArcher25 4 hours ago
Iseriously doubt you a share holder. Just an someone that wants in and can't afford the price now
👍️ 1 🤣 1
WeeZuhl WeeZuhl 4 hours ago

Silly ignorance abounds re public Co knowledge. Quick question, why is your puny insignificant vote not needed??? It’s a math question, so I don’t really expect you to answer!!!

I thought you would have the good sense to stop chirping after you couldn't name a single CEO that profits from similar self deals. Here again you reveal your own ignorance on the subject. What bubba412 seems to understand that you do not understand is that if Hakim ever did call for a shareholder vote on a self deal, then he would abstain from the vote. That seems pretty obvious to me just based on common sense, but I even explained to you yesterday to look up the entire fairness standard. It's really easy to understand, so it's surprising to see such a savvy businessman have such a difficult time with it. I can lay it all out there for you, but I can't make you understand it. I will suggest that if this is your top game, then perhaps you could be less of a dick to other shareholders who are only expressing honest opinions.

🤐 1 🤫 1
Pharma Sleuth Pharma Sleuth 4 hours ago
That's a lot of posts today. Now why would you be here posting all day? These are the simplest of questions yet the most important. Do you actually know why you are required to post here?
👍️ 1 👑 1 💥 1 💲 1 🤡 1
jour_trader jour_trader 5 hours ago
Heavy bag and never ending losses? Is that what one would expect for a company that has record revenues and profits quarter after quarter, year after year? Their pipeline is growing with several pending drugs, a couple very large opportunities. If this stock is a bag, it must be a bag full of gold based on what my account balance says by several factors vs prior year.
👍️ 1 💯 1 💰️ 1 💲 1 🤡 1
msdecc msdecc 5 hours ago
Looks like things are going EXACTLY like I said they would. Shoulda listened IB and Nasdaq. Now you have another heavy bag to add to you never ending losses. Don’t say I didn’t warn you - start listening to the smart people, not your online crush, “the king” LoL 😂
👍️ 1 💩 1 🤮 1
msdecc msdecc 5 hours ago
Looks like things are going EXACTLY like I said they would. Shoulda listened IB and Nasdaq. Now you have another heavy bag to add to you never ending losses. Don’t say I didn’t warn you - start listening to the smart people, not your online crush, “the king” LoL 😂
🐐 1 👍️ 1 💩 2 😀 1 🤮 1
Homebrew Homebrew 5 hours ago
Wow. Someone overdosed on conspiracy nut-job Kool-Aid.
To identify stock bashers, it is crucial to recognize certain patterns and behaviors.... blah blah...🤪
👍️ 1 💩 2 💯 1 🤮 1
HGilS HGilS 6 hours ago
There was a vote. 320 million votes for!!!

0 against.

Lucky the fake king is. It the ceo with 320 million shares we would have gotten a deadlock. 120 million shares each side. lol.
👍️ 1 💥 1
bubba412 bubba412 6 hours ago
Oh just like I thought There never was a vote So now your answer is enough with the So when you and your crew can’t answer it’s BS lol
👍️ 1 💩 1
mrwrn2010 mrwrn2010 6 hours ago
Cheers to that!
👍️ 2 😘 2
HGilS HGilS 6 hours ago
Nasrat was in his car on the way home and voted.

Enough with the bs!!!
👍️ 1 😅 1
bubba412 bubba412 6 hours ago
So tell me genius Whennwas the vote
💩 1
Jimmy Joe Jimmy Joe 6 hours ago
Excellent point tombe.

Good time to ad more shares.
👍️ 1 💩 1 💯 1 🤡 1
DSherman DSherman 6 hours ago
So, you now understand how ridiculous you are. No Co/BoD needs your vote if they already have 50%+1 of voting shares. Your ignorance is astounding but certainly fits your stereotypical handle.
👍️ 1 💯 1
bubba412 bubba412 7 hours ago
You don’t even have a clue as to how pathetic you are You have no comrehension when reading something I give up You will never get it Can’t waste my time with someone like you Have a good life
💩 3 🤮 2
DSherman DSherman 7 hours ago
As stated, it was a math question and clearly did not expect an answer. However, someone with such a rudimentary grasp of reading comprehension should have at least picked up a clue. So, for amateur hour classes today we shall ask a more direct question, how many shares are necessary to pass a corporate resolution?? Second question, is a shareholder wide vote necessary if a majority voting block already exists to pass a resolution??? Hopefully , you now get it and end this ridiculous discussion relative to the insignificance of your lol vote!!
👍️ 1 💯 1
jour_trader jour_trader 7 hours ago
And it finally has been starting to. This is an OTC stock dude, not a stock in the Dow30.
👍️ 1 💯 1
bubba412 bubba412 7 hours ago
I would like to believe the stock will take care of itself Only problem is when Been hearing that for years
🐐 3 👍️ 1 💩 5 💯 1 🤮 1
jour_trader jour_trader 8 hours ago
Not necessarily. Share price rose real nice between Q2 to Q3. Just a little adjustment back. Doesn’t mean it was driven purely off Q3 results, but rather an over appreciation of the stock in general as growth isn’t quite as growth expectations were set really high during Q2 and sales were great, but not at expectations set. I think this is just a continuation of management’s poor communication strategy. Stock will take care of itself in time.
👍️ 2 🤑 1 🤡 1
bubba412 bubba412 8 hours ago
Ok Do you think that matters to me lol You just can’t accept facts
👍️ 1 💩 3 😀 1
tombe tombe 8 hours ago
I will not engage with you. Your agenda is clear.
👍️ 2 💯 2 🤡 1
bubba412 bubba412 8 hours ago
Yes best quarter in history and what happened ? Oh the stock lost 20 percent of value I know just wait till the next quarter Been waiting 10 years
👍️ 1 💩 2 😀 1 🤮 2
Cake Eater Cake Eater 8 hours ago
Some common tactics used by stock bashers on forums include:
Spreading False Information: Stock bashers disseminate false or misleading information about a company, such as baseless claims about financial troubles, pending lawsuits, or regulatory issues, to create doubt and fear among investors.

Manipulating Technical Analysis: Stock bashers manipulate technical analysis indicators to support their negative narrative about a stock, influencing investors' perceptions and decisions.

Creating Confusion and Distraction: Stock bashers may employ tactics like distracting other forum users with satire, name-calling, or pointless arguments to prevent serious discussions about the stock from taking place.

Exploiting Psychological Biases: Stock bashers manipulate investor sentiment by using emotional language, sensational headlines, or cherry-picked data to create a negative narrative around a stock. This can influence decision-making and drive down demand for the targeted stock

By being aware of these tactics and staying informed about market trends, conducting thorough research on stocks, maintaining a fact-based approach in discussions, and engaging constructively while being skeptical of unsubstantiated claims, investors can better protect themselves from the influence of stock bashers on online forums.
👍️ 3 💩 1 💯 2 🤡 1
jour_trader jour_trader 9 hours ago
Next quarter should fare much better with full Q of Prasco.
👍️ 2 💰️ 2
tombe tombe 9 hours ago
As long as they keep this conversation going, it serves their purpose of distraction from the best quarter in history with only better to come. I’m enjoying buying for the first time in a long time!
👍️ 3 💰️ 3
jour_trader jour_trader 9 hours ago
That’s completely different. He didn’t personally profit from SequestOx situation. SequestOx was a management miss.
👍️ 2 💯 1
HGilS HGilS 9 hours ago
If NasRat was not sued for sequestox it would be hilarious to sue him for the mikah deal which saved the company lol
👍️ 3 💯 3
HGilS HGilS 9 hours ago
Mikah saved our ask.
👍️ 3 💯 3
jour_trader jour_trader 9 hours ago
Yes, but not with the simple majority of outstanding shares, plus there’s a certain bias there too.
HGilS HGilS 9 hours ago
The major shareholder approved
👍️ 3 💯 3
bubba412 bubba412 10 hours ago
I guess you were out the day they had reading comprehension It clearly states shareholder vote is necessary Trying not to see you as an idiot but you leave me no choice
🍸️ 1 🍻 1
jour_trader jour_trader 10 hours ago
Your laughing meme is just validation of ignorance. It’s exactly what needed to happen, why SequestOx failed and why Elite pursued additional studies all at the expense of more dilution to shareholders. Not sure why that deserves a laugh…unless you holding a short position.
Jimmy Joe Jimmy Joe 10 hours ago
So,, Purdue paid you as well ~? 🤣

Bubba's back in your ER. He needs you.

About the "Zombie SeQuestox" ... yeah I remember. How could I forget " doc"~?

$ELTP baby~!
👍️ 1 🤡 1 🤣 1 🤮 1

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