Elite Pharmaceuticals Inc (ELTP)

[jbdiver]

First of all no one knows if they are even applying. Secondly, you have no idea what the ratio is from approved to not. I’m here to tell you that the banks were not ready for this flux of transactions delegated by the government. Basically volintold. They are doing the best they can, but the vast amounts of businesses not getting the funding far exceeds the ones that are. Clients are extremely upset and the bank may lose them because of this.
All im saying is don't be surprised if we apply and dont get aid and this thing goes bellyup.
The government cant save everyone. Business’ rise and fall and sometimes there is nothing we can do about it.

But Im a shareholder and hope we do. My nature is to look at these things objectively, take emotion out of the equation and make the best decision I can with the information at hand.