Replies to post #242246 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Cash on hand is not from operations. It is from dilution. Well dilution & selling NOL's this quarter.

[Don'tDrinkTheKoolAid]

It is true genetics can't support Elite any longer. Selling shares is what they are doing to for sustained revenue. Why else would they have. Sold close to 1/2 billion shares in the last 7-8 months. Wow thats a shitload of shares to dump. Dilution killing share price. NasRat don't really care about pps his job is to sell shares. And keep the hype up i mean hopes and dreams.