Elite Pharmaceuticals Inc (ELTP)

[Sixman]

Utter nonsense.

Now your saying ELTP is raising cash for future NDA's.

I thought ELTP was using existing cash flows and profits off the spooling up generic pipeline to fund such endeavors? Why do they need to continue diluting current shareholders ownership by such issuance. It makes no sense.

ELTP is not self supporting. They are diluting ownership. They are pushing timelines to the right.

The more time goes by with this stock, the less legitimate it appears.