Elite Pharmaceuticals Inc (ELTP): A huge win here is that the bank sees El...

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Re: HGilS post# 370993

Saturday, 07/02/2022 11:05:27 PM

Saturday, July 02, 2022 11:05:27 PM

A huge win here is that the bank sees Elite as an acceptable risk. Banks will not make loans when funds are critically needed (e.g., liquidity crisis) as the principal will be at risk. Banks are very risk averse.

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