Elite Pharmaceuticals Inc (ELTP): Two things...the completion of Elite's v...

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Re: Jimmy Joe post# 182909

Monday, 02/08/2016 3:17:21 PM

Monday, February 08, 2016 3:17:21 PM

Two things...the completion of Elite's valuation was in November 2013 and market cap is not the same as valuation. But the premise is correct. Valuation is a point in time analysis. Consequently, the revenues, the successful P-3, the additional generics (I believe two), the additional infrastructure investments (the fluid bed dyer), and I believe one or two additional patents, would be added to the new valuation of Elite and support a higher range.

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