Elite Pharmaceuticals Inc (ELTP): This post confuses more than enlightens....

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Re: richme post# 145088

Monday, 02/16/2015 8:47:29 AM

Monday, February 16, 2015 8:47:29 AM

This post confuses more than enlightens. But, let me see if I can capture the essence of your point...Are you suggesting Elite will fail because they have 590 million shares outstanding? Or because they have 950 million approved? If so, how does that reconcile itself with their patents and successful trials to date? How does their ever increasing manufacturing capability infringe on its potential? Why would talented executives join a failing enterprise? Moreover, why would a firm like Camargo continue its efforts to assist Elite gain FDA approval? Why, indeed?

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