Elite Pharmaceuticals Inc (ELTP)

[mjohnh]

A reverse split does nothing to increase cash flow.....the revenue is the same,, it is just allocated among fewer shares on a per share calculation.......There is no reason for a R.S......it does nothing, except increase the overhead cost to the extent of the cost of the R.S.....makes no sense......This share price will not increase until there are approvals......and it will be stair stepped.....as the approvals come in and as the products are marketed.......it will take more time as these things always do.......