Elite Pharmaceuticals Inc (ELTP): As you noted, fixed assets are, indeed,...

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Re: dr_lowenstein post# 150361

Tuesday, 04/07/2015 10:06:14 PM

Tuesday, April 07, 2015 10:06:14 PM

As you noted, fixed assets are, indeed, depreciated. I was unclear and needed to extend the discussion to more correctly indicate that intangible assets are amortized in the same way fixed assets are depreciated. Thank you for the clarification.

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