Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

Okay, once more with feeling...

Of course going it alone would be impractical and costly. That will not happen. What Kirkov provides is the executive to act as a conduit for a different distribution mechanism. What does that mean?

In the model with LCI, it was up to LCI to develop the customers and they could because they were already selling CNS drugs among others. However, the buyers of Elite's Adderall are established Elite customers, even if LCI did the hard work to create them. But that was part of the benefit of an agreement with LCI.

Going forward, Kurkov's job should now be to let the customers know Elite will continue to provide their DEA quota of the Elite manufactured drug and it would be "Uber Eats" bringing it to them under Kirkov's direction. As a result, Elite would get a bigger portion of the revenues or better said, they would not have to pay as much for delivery as opposed to what LCI was doing. Not to diminish the challenges, it would be up to Kirkov to keep up the business relationships.

And people say Nasrat's not being strategic!