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Tuesday, 08/14/2012 4:21:33 PM

Tuesday, August 14, 2012 4:21:33 PM

Post# of 402396
Jerry Treppel, Chairman and CEO of Elite commented, "We have made progress on many fronts. As noted in prior paragraphs, our currently marketed products continue to grow generating more revenue for Elite. Our development projects with clients continue to move forward. The development of our abuse-resistance products continue to move forward. We are just now completing an FDA general cGMP review and several pre-approval inspection reviews of our facility. These are necessary to achieve our product approval goals as well as to begin commercial production in our new manufacturing space."
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