Elite Pharmaceuticals Inc (ELTP): No, not double the interest rate, double...

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Elite Pharmaceuticals Inc (ELTP)

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Re: IB_ post# 384581

Monday, 08/14/2023 6:04:45 PM

Monday, August 14, 2023 6:04:45 PM

No, not double the interest rate, double the DOLLAR AMOUNT paid in interest.

ALSO, I previously said double the dollar amount.

It's ACTUALLY TRIPLE.

$12 million loan vs $4 million loan. (Elite isn't going to borrow the other $2 million as of this filing)

Come on aLmA, you know we wouldn't pay 18-20% .... The point is .... we are BEATING revenue numbers and they are just using the increase in revenue to fill their pockets .... Elite don't need those damn loans !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

MAKE ELITE GREAT AGAIN!

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