Elite Pharmaceuticals Inc (ELTP): Actually they owe about $3.4 million. I...

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Elite Pharmaceuticals Inc (ELTP)

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Re: tangerine post# 19916

Wednesday, 06/27/2012 12:25:51 PM

Wednesday, June 27, 2012 12:25:51 PM

Actually they owe about $3.4 million. I know this because I read the 10Q filings of the company

ELITE PHARMACEUTICALS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

December 31,
2011
(Unaudited) March 31,
2011
(Audited)
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
EDA bonds payable $ 3,385,000 $ 3,385,000
Short term loans and current portion of long-term debt

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