Elite Pharmaceuticals Inc (ELTP): I came to a similar conclusion. The qu...

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Re: lasers post# 226679

Friday, 09/09/2016 1:08:54 PM

Friday, September 09, 2016 1:08:54 PM

I came to a similar conclusion. The question that should be also asked is if the follow up audit was scheduled or requested. Each provides a multitude of motivations that would support many theories on the board.

My theory is that it was requested ahead of a normal schedule to expedite approval supporting expansion plans. They still are not done but the faster the better and management would be prudent to push it along rather than wait for the FDA.

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