Elite Pharmaceuticals Inc (ELTP): I need to revisit the last Q, but annual...

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Re: Dr_Thorfin post# 179169

Friday, 01/15/2016 7:30:23 AM

Friday, January 15, 2016 7:30:23 AM

I need to revisit the last Q, but annualizing the $5M in Epic fees is not sound analytics as that isn't expected every quarter in perpetuity. I thought they had to revise financials due to not booking it correctly over time as it is earned over life of the Epic contract, which makes the extra $5M way overstated for one quarter.

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