Elite Pharmaceuticals Inc (ELTP)

[kayak_wench]

I am openly hoping you will forget about it. The Adderall licensing fees was only $780k last quarter while manufacturing profit (not fee, but money pocketed) was $6.3 million. Why would we spend multiple millions and waste our stash of cash on something so measly!!? That cash is helps us pay bills up front and build trust with suppliers from which we purchase the limited supply of amphetamine mixed salts we need to keep the Elite engine humming. It is also the key to our continuing and following through on developing drugs with a billion dollar market. Your constantly bitching about something that is currently about 10% of our revenue is dumb. Just last year Elite had to take out a loan to maintain the almost 10 million in cash we need to have on hand to buy ingredients and fund research.

You constantly bitching about this like freaking out if you learned Elite decided against working on a drug with a potential market of $4 million dollars a year for us. That is chump change. Meaning only chumps care about this amount of money when there are drugs worth hundreds of millions in revenue....but we need cash to get those drugs. We need to keep pouring our resources into billion dollar products and growing our market share and customer base not chasing small money that has limited growth potential.