Elite Pharmaceuticals Inc (ELTP): Unlike some, I anticipate an increase in...

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Elite Pharmaceuticals Inc (ELTP)

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Re: troy56 post# 152319

Monday, 04/27/2015 7:25:45 PM

Monday, April 27, 2015 7:25:45 PM

Unlike some, I anticipate an increase in shares outstanding. Every acquisition pricing scenario I offer is predicated on an increase in O/S to today's level. I initially operated under the premise that they would be fully diluted - 950 Million shares. But, given the burn rate (their needs to get the trials, etc done), I am operating on the premise that it will be less than 750 million. So, I will not be disappointed.

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