Elite Pharmaceuticals Inc (ELTP): Interesting that $5 mil form Socius and...

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packerfanbud

Re: lasers post# 18634

Wednesday, 06/13/2012 1:22:37 PM

Wednesday, June 13, 2012 1:22:37 PM

Interesting that $5 mil form Socius and additional $2 mil = $7 mil which would fund the entire ELI-216 Phase III trial for 250 to 300 persons

I would prefer that the $2 million in equity sales would be part of the Socius deal. Otherwise we would see another increase of the OS, which we do not need.

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