Elite Pharmaceuticals Inc (ELTP): A threefold increase on nil is still nil...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 248990

Sunday, 04/02/2017 10:24:22 PM

Sunday, April 02, 2017 10:24:22 PM

A threefold increase on nil is still nil. These revenue figures are laughable. Closer to CFP, but not there yet. Subsequent events said 6.6M dilution during 6 week period since end of quarter. If NOL's weren't sold dilution would have been even more. Dilution will be happening for several more months unless we get a real partnership with cash upfront. SequestOx deal will bring in $ if approved, but we are at least 15 months away from that.

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