• snakepitt1
    $ELTP Looking for any new information concerning this company. Stock has slid more than 10% recently after good news about new patents.
    7/9/14
    Reply (11)
    • shubert: It's all in share count vs earnings potential. $ELTP is on its way to having 1/6 the # of outstanding shares as Apple. Think about it.
      7/9/14
    • snakepitt1: When is this reverse split supposed to occur?
      7/9/14
    • profit698: Read the Q4 CC (July 1). The CEO said "I am not going to have a stock split because the fundamentals does not support it right now."
      7/10/14
    • profit698: "We will either organically grow back on to a NASDAQ or a major stock exchange"
      7/10/14
    • profit698: "or when we have fundamentals we'll revisit whether we're going to have some kind of a stock reverse split."
      7/10/14
    • profit698: "At this time I have no intention of looking at any of that."
      7/10/14
    • profit698: "My focus is to get the products through the FDA, build some equity into this company"
      7/10/14
    • profit698: "and then evaluate the value of the company at that point."
      7/10/14
    • profit698: Based on the CEO, if it happens, it would be one year later when they get their first ART approved by FDA. IMO.
      7/10/14
    • profit698: or it may not occur as the CEO has a significant amount shares on it. His interests are in line with shareholders!
      7/10/14
    • Arnster: i think it's a good plan, i sure don't want them to reverse split right now. they barely can support their share at above .40
      7/11/14