Replies to post #101339 on Elite Pharmaceuticals Inc (ELTP)

[mightymk]

See DR at the time Pfizer took a gamble on that technology, nothing was proven {look it up} . Problem with elite is nothing has been proven yet. one year ago a lot of shareholders stated we are 1-2 or 2-3 years away from our art ,today they are still saying the same thing. Im going to give my prediction, eltp will raise AS to almost a billion shares, they will flood the market with them and use money for further trials, when and if they get approval they will do a rs about 30-40 to 1, bringing it back down to 30 million or so. And no matter who tells you that you don't loose money on a reverse split lied. So the question here for the pps is how long before we get real news, and if they get there AS increase , shareholders don't respond good to dilution