Elite Pharmaceuticals Inc (ELTP): Neither revenue nor profit pays the bill...

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Re: vanwes1 post# 226134

Tuesday, 09/06/2016 8:22:29 AM

Tuesday, September 06, 2016 8:22:29 AM

Neither revenue nor profit pays the bills. Cash flow does. This is basic accounting. A company can be super profitable on paper, but without cash flow they become defunct.

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