Elite Pharmaceuticals Inc (ELTP)

[JJAAMMAANN]

Sorry Bubba, I only gave my best gestimate...

If ELTP would start buying back shares and retire them, I could see the PPS start to recover a little more. But the fact that there are 1.009B shares outstanding makes it a little hard to swallow.

As much as I would hate it, I could see a R/S in the future if they ever want to up-list to a major exchange ($0.055 is a long way off from $1.00). Unfortunately it will burn us longs pretty badly, but again, trying to keep it real.