Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

See... the thing with another financing agreement with LPC is that you have those who flip out and say "oh no, more dilution".

Well it takes money to make money. It takes balz to do what needs to be done.

In the end the Company feels that the expenditure in shares is WELL WORTH it. The money they stand to get back will make this deal-EO
with LPC seem like a peanut in comparison.

So again.... why hasn't the price per share moved DOWN with additional financing?

Elite would not bother to have a second shift if things were not going so well. If they believed it to be futile.
FACT: They do not believe it to be futile. They believe their future is coming.

Elite is in the right spot at exactly the right time.
Prescription opioid addiction is out of control. Elite is close to the perfect storm.