Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

Wrong, Wrong, & Wrong.

You're falling into the same trap as Clown jour_trader.

The so-called "dip" quarter was nearly $9 million.

NOW, when you say "8 figure range", are you meaning $10,000,000 in revenues because that is 8 figures, OR $8 million range because last year's second quarter was in the $8 million range?

The quarter ending September 30, 2022 had a total of $8.585M for manufacturing and licensing fees. It appears that the company will show a number that will be in the 8 figure range.

No, the filing states that the expectation is that Elite won't need the second round of financing from Caskey or Hakim, NOT that the loan will be paid off in the middle of next year.

The company carries very little debt and the $4million loan from Caskey(1M) and Hakim (3M) at 9 % will be paid off by the end of June 2024 per the filing.

No, Nasrat is ALREADY on record from a few years ago saying he won't take us private. This is the SECOND time he has stated it, NOT the first.

Nasrat is now on record that he will not try to take us private.