Replies to post #243141 on Elite Pharmaceuticals Inc (ELTP)

[lasers]

What you are missing is the $multi-million build up in inventory value primarily because the clients' limits had been reached in the QTR because of excellent sales and needed to wait for Jan 1, 2017 to receive new quantities.

The manufacturing cost for the $multi-million inventory build up was absorbed in the Oct-Dec 2016 Qtr financials BUT the revenues for the sales could not be applied until Jan 1, 2017.

[Couch]

Exactly why I see the PPS heading north in 6-9 months and not prior. Elite needs to launch another drug or two and garner some revenue from those drugs........and that is going to take some time.

Certainly if Elite can PR positive TMax results prior to 6 months that would be more then stellar. I'm not sure that alone will hold the PPS north without additional revenue streams.