Elite Pharmaceuticals Inc (ELTP): If LP deal is ever terminated, I fear El...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Couch post# 243526

Tuesday, 02/21/2017 1:07:47 PM

Tuesday, February 21, 2017 1:07:47 PM

If LP deal is ever terminated, I fear Elite will have no choice but to access the extremely toxic death spiral funding..

I mean, in nasrats history with Elite, he hasnt been able to attract investment on any more favorable terms than LP... he said as much on one of his earnings calls..

I guess its starting to sink in with shareholders now, the stock is drifting much lower and about to fall off a cliff.

TOXIC DEATH SPIRAL on the horizon!!

REVERSE SPLIT!!

Thoughts?

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