Elite Pharmaceuticals Inc (ELTP): How can you say the company is profitabl...

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Elite Pharmaceuticals Inc (ELTP)

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Re: rocioyogi post# 276954

Saturday, 11/11/2017 8:31:02 AM

Saturday, November 11, 2017 8:31:02 AM

How can you say the company is profitable? It isn't. One cannot say the company is profitable if it stops R&D since that is ongoing business strategy and for the benefit of future operations. It is what the company MUST do to have a chance at survival. To look at the company without R&D is absolutely pointless.