Replies to post #226208 on Elite Pharmaceuticals Inc (ELTP)

[vanwes1]

Sure if you're calling the short-term over the next one to two years. However in the long term 5 years continuing to not be cash flow positive year-over-year quarter-over-quarter it's going to be an issue. If you're not making any money which means putting money in the bank then there is no way you can remain solvent as a business. Eltp has to find a way to be cash flow positive on a quarter-to-quarter basis. All of the companies you named have large amounts of cash on hand. 12 million dollars in the Pharma industry is nothing. Peanuts