Elite Pharmaceuticals Inc (ELTP)

[HGilS]

With the next Teleconference in about 6 weeks, we need to start thinking of the questions we want to ask Nasrat management for the third Quarter ending December 31st 2020.

My questions so far for Nasrat are:

1) How do you explain the flat revenues quarter over quarter from Q2 to Q3?
2) Can you please come up with a plan that would stop dilution or revert dilution like:
a)Pay the CEO in Cash not in Shares
b) Have the CEO buy shares in the Open Market (Gives confidence)
c) Buy back 200K worth of shares each quarter.
3) More clarity about the Pipeline is required on the Website - if products are retired, they should not appear in the Website. If they have a future they should stay.
4) More about Pipeline: Is the new VP in charge of starting new or continuing developments?
5) Can we count on continued growth ordo you see growth stalling? If yes why?
6) Plan to get back to Dollar land.
7) Can you disclose any new partnership?
8) How many quarters will it take to pay back the purchase of the Mikah/Sungen ANDA's.

Please feel free to contribute - when we are done, I will send the list to Dianne - like a week before the teleconference.