Elite Pharmaceuticals Inc (ELTP): Extremely limited cash, which is another...

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Elite Pharmaceuticals Inc (ELTP)

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Re: virelle post# 330255

Tuesday, 03/24/2020 8:30:57 AM

Tuesday, March 24, 2020 8:30:57 AM

Extremely limited cash, which is another reason they sold off the opioid line. Company can’t sell stock to raise cash so they need to be very careful. Good thing is the company has more access to cheap loans than ever before due to the global crisis, but doubt Nasrat would pursue. They need cash today to sustain inventory of Adderall IR & build launch quantity & inventory for ER. Cash flow from ER will fund pipeline, which is virtually dry other than Sungen 5.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
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