Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

To clear up some misinformation:

Show me one form 4 where they show 150m share ownership.
Here is how you do this, go to Edgar, look at all filings for Epic, count the number of shares converted into, Viola 155 Million

They own about 77m shares
No, they own about 72 Million

Shares were dispersed about 2 years ago to sub investors under Epic. Not sure what that has to do with anything.
They started dispersing about 1.5 years ago ans have continued

Inventor of their tech has been long gone and paid for his tech. So what. Heck as was pointed out to before Elite licensed their tech to Celgene. IP and patients are licensed and bought all the time. Whether the original inventor is there or not is not really relevant.
Says who? This is supposedly the goldmine, might be nice to have the guy that invented the "goldmine"

Financial controls is because they are a small company but they are fully audited. Was discussed on the conference call. They could hire a full finance department but chose to spend their money on the product.
Thanks for confirming they have inadequate financial controls, no matter the excuse

Actually very little debt. About 4.5m dollars. In fact over 100m has been put into the tech and very little debt...
Eye of the beholder I guess, to a company with very little cash that is a lot of debt

Multiple trials scheduled for multiple product with about 4 billion dollar market.
LOL LOL one of my favorites- what credible independent analyst confirms this?

Just to address some of the misinformation