Replies to post #242792 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

I don't think he will max out LPC at these rates. I could be wrong. It causes more dilution than he'd like. The question becomes how much R&D do we do in Q4 outside of SequestOx to buy us more time & cash. Cash burn now dilutes future benefit. I don't think he'd do another LPC deal, but his back is against the wall until something gets approved. Timing for LPC end date makes decision little harder.

[jour_trader]

I don't think he will max out LPC at these rates. I could be wrong. It causes more dilution than he'd like. The question becomes how much R&D do we do in Q4 outside of SequestOx to buy us more time & cash. Cash burn now dilutes future benefit. I don't think he'd do another LPC deal, but his back is against the wall until something gets approved. Timing for LPC end date makes decision little harder.

[namtae]

You can be sure nasrat isnt giving it a second thought to issue 100s of millions more shares!!

He told us during the CC that Sequest will cost another $2-3M... minimum, increasing R&D spending while revenues are decreasing

ITs a no brainer whats gonna happen here

[John_Langston]

Look for another 66% drop in the PPS coming.