Replies to post #102494 on Elite Pharmaceuticals Inc (ELTP)

[Couch]

I've already shared with the board the information I learned from Nasrat after I sat down with him after the Rodman & Renshaw Conference. The conference was in August of 2013. But for more skeptical folk let me share it again. Notice that many things he mentioned have already came to fruition. He has also spoken to the immense value Elite's ART will bring to the company on several CC's including what the total market is for oxycontin. It's public knowledge and not hard to find. Should actual investors want real answers to serious questions, I urge you to call in during the next conference call and ask management to speak to them.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92946671&txt2find=30|minute

Here's What I Found Out in the 30 Minute Sit down with Dianne, Carter, Jerry and Nasrat:

~~They said the first trial should be fast tracked.....and we "should" see a product in about two years.....takes the FDA a long time for review process---around a year......so again like I've said 1--3 years before the REAL $$$$$$

~~Conservatively with a 20% cut of the $2.5 Billion Oxycontin Market......Nasrat did the math in front of me using a P/E ration of 10......with one ART product Elite could hit $5 a share with current shares out there!! BUT THen......he said what does that get you if Elite puts out 3 or 4 ART products!!

~~Nasrat purchased every single share of Elite out of his own pocket......9 million in his person JP Morgan account and 2 million in his retirement account.....and he is the only one that cashed out his previous warrants if I remember correctly!

~~One Major CEO of a Pharma company expressed interest......Nasrat said he was interested in sharing rights to the first Oxy/Nal product.....the CEO said he wants the whole thing.....Nasrat said only at fair market value....not .08!!! Nasrat is very sharp in person.

~~Elite doesn't need all 13 Anda's.......only 3 or 4 to become CFP......then Elite can sell the rest for additional profit if it wants....Elite doesn't have the space for all those Anda's....and when Elite starts putting out ART products Nasrat said they will stop with some of the Andas they are already producing....so they have more space for ART products! ....and can sell those ANDAS for more $$$$$$ down the road. Very smart!!!!

~~Nasrat said that by the looks of the studies already done that Elite should have no problem marketing their first ART product.....then he said that is IMO only.....but reiterated why he bought 11 Million shares on the open market!!!

~~First trial starts without any unforeseen problems in about 2 months!!.....and take around 6 months give or take......

~~Plenty of potential partners have been calling Elite especially in the last 4-5 weeks....Nasrat said he is not worried about a good solid partner!!! He gets to choose amongst a few.....and for a better than 50/50 split is what he said!!!

~~Carter said the market is bound to wake up in the next six months and that he is rather surprised it hasn't already done so.....and Aldwyn Carter liked your DD btw

[Couch]

Funny because I see two links regarding what Nasrat said. Any additional DD "Questions" that I can answer for you???

1) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100195925

11. Nasrat was surprised on how quickly the stock ran to .97. He viewed it as a momentum run. The fact that the stock price has pulled back since then, has nothing to do with what is going on at Elite. They are further along, and in better shape today then they were when the stock was trading in the .90's. He believes the true value of what we have will be recognized sooner than later. He expects to bring in around $500,000,000 annually from ELI-200 alone.

2) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92946671&txt2find=30|minute