Elite Pharmaceuticals Inc (ELTP)

[lasers]

Goodtimes93 glad that you have noticed the 2nd shift that shareholders have been posting on since Oct 1 when it first appeared on the $ELTP website.

Something as simple as "ELTP is now hiring for second shift operators. This is the next step in our plan to manufacture xyz and continuous progress on our long term strategic vision to become a premiere provider of xyz." This is how simple it is to positively share something about your company.

However it is time to think outside the "box" so to speak.

What if there was still room to cover all of its increased ANDA demand on the 1st shift? Then that PR, that you suggested, would not have been correct and untrue.

What if the real reason for not posting a PR is that $ELTP has quietly taken the next step in preparing their NJ site for manufacturing SequestOx and their ANDAs together which then meant one shift was not enough and two shifts would now be required. $ELTP would then be bound by their "quiet period" regarding FDA actions until it is absolutely certain that the FDA has approved the drug(s) be it SequestOx or more ANDAs

$ELTP is strictly following its own mandate that under Califf very carefully worded official announcements would only be released when it was a "Material Event" such as an official FDA approval.