Elite Pharmaceuticals Inc (ELTP): If they actually have a goal of being on...

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Elite Pharmaceuticals Inc (ELTP)

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Re: dr_lowenstein post# 260628

Tuesday, 06/13/2017 7:51:02 AM

Tuesday, June 13, 2017 7:51:02 AM

If they actually have a goal of being on the NASDAQ they need to clean this up by getting a real CFO who understands finance and accounting, and need to implement the appropriate separation of duties and controls.

However, if the company is seeking to be bought out then there is no need to worry about this. This is the direction that I think they are going, for better or for worse.

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