Replies to post #247967 on Elite Pharmaceuticals Inc (ELTP)

[Simon7]

Wrong again. The #of employees is increasing.

[Simon7]

Wrong again. They are adding employees.

[lasers]

$ELTP is increasing their employees and are now at a record high of +50 as I have previously posted.

[Couch]

Looks like Elite has many employees quitting that open up new spots

Why does Elite have problems keeping employees? Why are they leaving in droves?

Gee actual facts related to the company says that is complete BS and little else.

Employees FOR THE FISCAL YEAR ENDED – MARCH 31, 2013

As of the date of this Annual Report on Form 10-K, we had 26 full time employees. Full-time employees are engaged in operations, administration, research and development. None of our employees is represented by a labor union and we have never experienced a work stoppage. We believe our relationship with our employees to be good. However, our ability to achieve our financial and operational objectives depends in large part upon our continuing ability to attract, integrate, retain and motivate highly qualified personnel, and upon the continued service of our senior management and key personnel.

Employees
As of June 7, 2016, we had 35 full time employees. Full-time employees are engaged in operations, administration, research and development. None of our employees is represented by a labor union and we have never experienced a work stoppage. We believe our relationship with our employees to be good. However, our ability to achieve our financial and operational objectives depends in large part upon our continuing ability to attract, integrate, retain and motivate highly qualified personnel, and upon the continued service of our senior management and key personnel.