InvestorsHub Logo
Followers 6
Posts 355
Boards Moderated 0
Alias Born 12/30/2015

Re: None

Tuesday, 07/19/2016 7:19:30 AM

Tuesday, July 19, 2016 7:19:30 AM

Post# of 402160
LPC funding and registration of shares make sense now!
IMO, The prospectus filed was not associated with SEQUSTOX or the cost of additional study. IT WAS FOR THE 6 ADDITIONAL FILINGS COMING IN THE NEXT 6 QUARTERS!!!!!!!!
What we know from the CC today is that the TECH is sound/valid so ELITE can proceed with the additional pipeline drugs and file NDAs.
The FDA CRL was educational and ELITE learned from it! Now they need to money for the additional filings.

I am good with that, the additional shares is miniscule compared to the revenues generated by the 7, that is right - SEVEN - SEQUESTOX AND THE 6 MORE COMING, new abuse deterrent drugs they will have on the market within the next 2 years!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News