ANI Pharmaceuticals (ANIP): Ani Pharmaceuticals paid approx. $51 mil...

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ANI Pharmaceuticals (ANIP)

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Just the facts maam

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Just the facts maam

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Saturday, 02/25/2017 11:35:05 AM

Saturday, February 25, 2017 11:35:05 AM

Ani Pharmaceuticals paid approx. $51 million for Inderall XL and Innopran XL.

Yet they reported 16.155 Million in cash and cash equivalents in Q3 filing.

Q3

With a $30 million revolving credit facility that only gives them 46.155 million.

They appear $4.845 million short.

Either they had a very good 4th quarter or have additional cash coming in.

Next week could get very interesting.

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