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Re: Couch post# 242860

Wednesday, 02/15/2017 8:44:37 AM

Wednesday, February 15, 2017 8:44:37 AM

Post# of 402102
Definitely a good & much needed add to the company. The aspect that I've been reflecting on is the facility expansion that I believe drove the higher COGS absorption. Being strapped for R&D cash, no CFO (I could be wrong here as CFO isn't cream of crop) would risk liquidity by investing in a $800k facility expansion without near term benefits. This gives me great confidence in ANDA submissions from last year. I can't imagine expansion would be for 2 small generics transferring back to Elite from Epic.
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