Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Agree 100%. Was surprised to see this wording used from asst deputy at DEA. I think there are some similarities to opioid crisis, but drastically different in many ways too. I think 600K died from opioid crisis alone. Adderall pills bought online are perceived as Adderall, but may be fentanyl or other drugs. There is the perception of an Adderall crisis that I think Nasrat will want to navigate around and sell the company sooner rather than later as this can have a negative impact in risks for DCF analysis & buyout amount.

The fact that the stimulant issue is ongoing after many months and Vyvanse supply can’t be rectified is just really sad. Hoping this buys us time for Elite’s eventual approval in ‘24 or ‘25.