Elite Pharmaceuticals Inc (ELTP)

[pgp419]

Dr_Thorfin,

Here's a snippet from Nasrat's CC in August this year:

I have had several companies that approached me and asked if contract manufacture for us, they have much bigger facilities and I've decided the product is staying with us. The marketing of the product, we have one of a couple of options. We either contract the sales and marketing force, and Chris and I have been in contact with such entities and got proposals and numbers and what have you. And second is to have well established company that has the capabilities and sales and marketing force of 150-200 people that can sell our product in addition to this at some kind of profit sharing or commission. I have not made the decision on that part and that will have to be made by December once we file, okay.