Elite Pharmaceuticals Inc (ELTP): Also false. Stop Lying. Lastly, the...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Mophron post# 391772

Thursday, 11/30/2023 10:10:28 AM

Thursday, November 30, 2023 10:10:28 AM

Also false. Stop Lying.

Lastly, the company is currently not profitable. It only looks that way since Nasrat is allowing them to delay the profit splits. These profit split amounts are in excess of the stated earnings amount. Fun fact, at the current revenue rate, Nasrat is making over 7 million a year in profit just from Adderall ir and er profit splits. Elite would need well over 20 million $ to purchase it from him. Nasrat could retire today and make 7 million a year in annuities from this.

The cost is already in there. The profit is correct. They deferred the cash payment so they can use the cash to buy API. Massive amounts. (My speculation with Adderall ER launching in a few weeks)

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/29/2023 08:43:45 PM

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