Elite Pharmaceuticals Inc (ELTP): This is just a change of ownership. The...

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Elite Pharmaceuticals Inc (ELTP)

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Re: namtae post# 257579

Tuesday, 05/23/2017 8:21:32 AM

Tuesday, May 23, 2017 8:21:32 AM

This is just a change of ownership. The drug is already marketed and manufactured, we just are now part owner. Knowing the gravitation towards generics as a cheaper and in most cases just as good product is a foregone conclusion that cash flow is generated on this tiny drug right away.

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