Elite Pharmaceuticals Inc (ELTP)

[Hike]

So if I correct my math...

Phentermine:

So in last three months Elite got 26k in manufacturing revenues plus 21k in royalty revenue or 47k or about 16k per month = $192,000/year.

Not sure where G2 you get 312k but I'll just assume that sales will continue to grow and that 312k will be "the pace" within a few months.

That's still less than half what I assumed initially at 800k.

Admittedly that was MY estimate. But I did ask folks for feedback and I don't remember anyone questioning then.

At the end of the day it looks like a pretty unassuming quarter. Hopefully Lodrane D is at least as much as Phentermine next quarter and we get FDA's/Patents or something.

It seems that the holders of ELTP are all pretty strong. No big selloff today.