Elite Pharmaceuticals Inc (ELTP): From a market cap perspective which I ha...

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Elite Pharmaceuticals Inc (ELTP)

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Re: DR Ryan post# 75654

Tuesday, 10/29/2013 10:08:32 PM

Tuesday, October 29, 2013 10:08:32 PM

From a market cap perspective which I have preached here in the past, Elite has 20 approved drugs. 20 more in the pipeline. Any comparison to a similar company and you have to look at two companies and add them or extrapolate. Either way you end up with market caps in the 100s of millions.

However with this Epic deal, what has transpired is that Elite made themselves extremely profitable from Operations. It was a brilliant move.

Epic has a huge facility and this relationship with Mikah is not fully understood yet. These products are very valuable....much more then the 10m bucks obviously.....I am saving some of this info for later but people should dig deeper. A lot more going on then we realize.

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