Thursday, June 2, 2016

Step Right Up To The Window To Place Your Bets or Why Prince's Death Matters

Implications of Prince's Toxicology Report
Ok, so we lost a good one - from my generation, and there's sorrow.. But this, as a result of opiate abuse and subsequent overdose, is emblematic of our place in history.  Do we want the decade to be only remembered for it's black tar, pill snorting memories, or do we want it to be the first decade to demonstrate how an epidemic drug addiction was alleviated and withdrawn?  And can we factor in $ELTP to the equation yet?  Only when the FDA gives us the nod, so here's to my hope the ELI-200 formulation works.  Because if I'm on board with a company that achieves a sliver of historical relevance in addition to paying off long-term investors (which it already has, greedheads) that would be special.  Pipe dreams aside, FDA rejection would not be the end of the world, but it would be such a letdown on both of these ends.  The FDA is looking for the right candidate, and Elite appears to have taken professionally sound moves.  I'm in other stocks where the CEO(s) blatantly tells lies, build dreams only to smash them all to hell right in the investor's face!  Prince's death is an event that the anti-opiate movement will lean against and for good reason.  It's application of new tech to a household name brand.
Step Right Up To The Window To Place Your Bets
With Elite investor's having put forward faith that one day the ELI-200 formulation will succeed, the FDA should do the right thing and that is what I like to refer to what I deem "NBA playoff refereeing."  With everything on the line, expect the unexpected.  And sometimes you're not sure, it's a free for all, or it appears to be completely controlled and predetermined.  Perspectives change depending on where the money is at.  Research all you want but expect the unexpected and hope you're on the right side of the bet.



3 comments:

  1. His overdose was due to Fentanyl overdose. This is how many people have died from opiates is to street drugs being laced with Fetanyl. Elite cannot do anything about Fetanyl.

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  2. I'm just happy to get a comment.
    If you don't think his addiction to other pain killers prior to a descent into fetanyl abuse then take a look at the statistics! It's about opening the discussion! And fetanyl isn't in the ELTP pipeline as far as know, it's an important conversation to encourage. And maybe it's a stretch, but I see the connectivity. Drug addicts are gonna addict.

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  3. By the way, great collection of Elite news. Just stumbled on this blog recently. Been following this company for several years. Kudos!

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