Elite Pharmaceuticals Inc (ELTP): I will eat my shorts on this one. I coul...

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Re: jour_trader post# 241949

Thursday, 02/09/2017 2:45:49 PM

Thursday, February 09, 2017 2:45:49 PM

I will eat my shorts on this one. I could have sworn CFO projected mid year CFP. I recall even writing it down in notes. I just went through last 4 transcripts and found wording suggesting getting closer, but also mentioned R&D will be picking up after past quarters were light focusing on generic side. I think you may be right that CFP may not happen until SequestOx launch.

In doing reading, was reminded of many things such as Epic's Oxy IR was launched last year at this time. Also, last Q3 call stated reverse split decision was at least a year away to get to NASDAQ. Looking forward to progress update more than anything.

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