Elite Pharmaceuticals Inc (ELTP): Yeah, because Nasrat had no idea Adderal...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jbdiver post# 327812

Saturday, 02/08/2020 8:23:04 AM

Saturday, February 08, 2020 8:23:04 AM

Yeah, because Nasrat had no idea Adderall XR was going to be approved in mid-December, didn't prepare for the launch for the past 8 months, wasn't in constant communication with the FDA regarding this product, never informed shareholders about this product, and never bought the API.........LOL.

Nasrat stated in previous CC's that it normally takes 3 months to launch a product.

That would make it March 11.

We're talking about a 1.3+ BILLION dollar product with the only competitors you can count on ONE HAND.

SO BIG it requires a 2nd shift.

Launch stalled probably due to lack of capital

"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." - Warren Buffett

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