Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

- "In addition to selling our products in the U.S., Elite has several opportunities for the sale of our products outside the United States. We continue to work on these details and look forward to successful sales in the future. Elite will provide updates on ongoing products and negotiations with overseas companies as we reach milestone or material events."

- "So let me explain. When a company orders $25,000, $50,000 or $100,000 worth of Elite’s product, because they want to test the market overseas, that is not a material event, because it’s a one-time thing. So we do not PR it. But if the same company comes back to us now and say, that process was very successful, now I’m going to own a $100,000 a week, that becomes a very material event and that’s when we PR it, okay. So we are working with overseas companies and we will let you know when and if anything materializes."



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