Replies to post #226322 on Elite Pharmaceuticals Inc (ELTP)

[vanwes1]

No the fact that you all believe that sequest oxy will be approved is based off of no support and an opinion. The fact is the drug got denied. Well that's a fact. The fact that they don't generate enough Revenue to support R&D without dilution is fact. They have also never been profitable. That's a fact. Everything I've said today is a fact. They only have one drug currently that was denied by the FDA and they don't have anymore NADA currently up for approval. So it's reasonable to say in their current financial situation that in 5 years they will have no drugs approved. Prove me wrong have them get one drug approved. LOL this is too easy