Elite Pharmaceuticals Inc (ELTP): I believe you are assuming ELTP doesn't...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 132466

Wednesday, 10/29/2014 4:50:26 PM

Wednesday, October 29, 2014 4:50:26 PM

I believe you are assuming ELTP doesn't partner which is an erroneous assumption. In partnering will we get 5, 10, 15% royalty on sales or profits? Definitely not 100% and we know Nasrat had said we are targeting a partner by end of year. Also, your PPS is built on total sales (partner) and not ELTP profit so divide the number of ELTP royalty by about half. That is the starting point.

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