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Re: DR Ryan post# 73496

Thursday, 10/10/2013 12:19:46 PM

Thursday, October 10, 2013 12:19:46 PM

Post# of 413897
That's the one thing that separates Elite from any other company in my eyes. As an investor, you have a wide variety of the forms of bio companies you can invest in. Different companies creating "the next big drug". Well the next big drug comes at a big price. Instead of non stop public offerings like certain companies I do not care to call out at the moment, Elite has a massive generic pipeline which is contributing to cash flow. Very soon, Elite will be cash flow positive with the new products (ex. naltrexone) being launched and the new royalty stream which we obtained with the agreement with Epic. By then, there will be at least 20 products Elite Pharmaceuticals will be gaining some form of cash from. This is why Elite stands out to me from every other bio company that I've seen. Elite has cash coming in to se self sufficient and not relying entirely on shareholders. This is why I have put so much money into Elite. My friends/family call me crazy for putting this much into a stock at my age. They say I should just save it up for a down payment on a house. I tell every single one of them the same thing. Elite's going to make it big in a few years.

College boy dreaming big.

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