Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Possible, but doubt it. Company continues to stabilize. Uncertainty is what drives stock prices significantly lower. We don’t have ton of clarity into filings, studies, etc., but that should all be good news.

Concern for me is going solo without Lannett as a distributor before we are ready and if we funnel too much into R&D…we run into a cash crunch again. Small term loan and line of credit wouldn’t be enough to hold fort up for long as we have just recently started breaking even. Going solo rarely works out for small players. Big risk for our primary source of revenue.