Elite Pharmaceuticals Inc (ELTP)

[mrwrn2010]

Uhhh. Real investors perusing here should take note that Elite took out a $12M bank loan to purchase their facility instead of continuing to lease it. Naturally when one takes out a loan, their indebtedness increases until said loan balance is reduced or eliminated.

Investors also understand that conditions change between two SEC filings nearly a year apart from each other. People can indeed read and compare entire filings the dates on said filings, not just cherry picked statements lacking nearly all context.

Not “just my opinion” either, but facts.