Elite Pharmaceuticals Inc (ELTP)

[littlerhody]

SNUP,

Always enjoyed your upbeat analysis, seems you are a bit bummed out by the ELTP goings on! Regarding the .03 with LPC, I asked him to speak to that in my message to Diane. He almost got there but stopped short of answering or was distracted and we did not get his reasoning. Regarding the Mikah deal, I see $3 Million on the board, I am sure I heard Carter Ward state that it was several million. Again, with no definite number. I believe that ELTP took the best road available at the time. Unfortunately, transparency and clarity with this move is very much lacking! The LPC deal, HN says it has worked extremely well for ELTP in the past. Not convinced this was the best way to go in 2020. Sometimes you need to leave the ways of the past and explore new opportunities. I do not see how ELTP can move higher with the overhead of LPC weighing on it with each and every upside transaction. The upside, profitability, increased revenues, awesome handling of internal operations with the Covid 19 crisis overhang. I believe strongly that the Lannett deal will be the tipping point to make the underwater crowd whole.
Lastly, HN is getting tired, he wants to take some profits and move on. He is shopping the company as I peck away at this keyboard.
SNUP, hang tough as HN is as frustrated as you and he is trying to put something together so we all may move on.
One person's opinion,

GLTA