$ELTP has chosen accelerating growth based on their technical expertise know-how. Exactly why SunGen has chosen to partner with $ELTP on four new ANDAs paying $Cost Plus on a very lucrative contract to $ELTP. New revenue sources for $ELTP will occur during 2017 because of their aggressive business model.
At our last Investor Call I pointed out that our financials demonstrated sound commercial operations along with some items that will be significant on future financials. The financials for this quarter can be summarized as clearly a continuation of these characteristics. Commercial operations are sound and meeting expectations with revenues up both on a quarterly and a year-to-date basis, we have strong cash in working capital positions, product development continues on schedule with another product filing being achieved this quarter.