Elite Pharmaceuticals Inc (ELTP): My point is ....that this money if used...

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Elite Pharmaceuticals Inc (ELTP)

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Re: sharkey1 post# 331867

Friday, 04/24/2020 8:29:07 AM

Friday, April 24, 2020 8:29:07 AM

My point is ....that this money if used for payroll... let’s say to support a second shift now that Elite is ramping up. Will be considered as a grant and not have to be repaid. If not used for payroll,rent and utilities. It’s considered a loan and paired back at a great rate of 1%... Either way.. this is huge for our business in this critical time.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
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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
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