Elite Pharmaceuticals Inc (ELTP): To be fair 527M + 11M (subsequent events...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Couch post# 248993

Sunday, 04/02/2017 10:16:58 PM

Sunday, April 02, 2017 10:16:58 PM

To be fair 527M + 11M (subsequent events) = 538M from Feb '14 filing.

Feb '16 filing = 918M + 6.6M = ~925M in subsequent events. Using these both apples to apples latest info at time of filing is closer to 72% increase in dilution.

For this kind of dilution, this tech better be worth it. FDA validation of ER & IR will be a game changer. Still lots of uncertainty. Never know what other stops FDA will pull.

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