Elite Pharmaceuticals Inc (ELTP): That is a ridiculous comment. They have...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Don'tDrinkTheKoolAid post# 220118

Saturday, 08/06/2016 10:24:58 AM

Saturday, August 06, 2016 10:24:58 AM

That is a ridiculous comment. They have virtually no debt as it has been all equity based. You need debt that can't be paid to declare bankruptcy unless you are suggesting they can't make payroll, but that is just as ridiculous. They hit a brick wall with the recent CRL. Will be interesting to see how they get around the obstacle.

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