Replies to post #248984 on Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

LOL LOL Bam. good math

[Couch]

My apologies I was looking at an newer CC Transcript where 586 was the outstanding share count. Still, your math is correct.

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 917,898,440 shares of common stock were issued and outstanding as of February 1, 2017.

[NASDAQ2020]

Thx, math has been verified
SequestOx™ projected revenues just from ER docs and dentist

Quote:

40,000 ER docs in the U.S. with at least as many NP/PA's working in the ED, probably a lot more. Approx 80,000 E.R. providers.

Now add in Urgent Care. 10,000 urgent care clinics in the U.S. Each clinic probably has an average four docs and as many NP/PA's, so we'll approximate another 80,000 urgent care providers.

Approximately 160,000 E.R. and urgent care providers in the U.S.. We convince just 10% to switch to SequestOx™, and they write an average of one script per shift- about 20 scripts in a month of 20 pills each.

160,000 x 10% = 16,000

16,000 x 20 scripts x 20 pills x 12 months = 76,800,000 capsules per year.

Now set your price


. Say $5/capsule (approx. 5x of generic oxy capsules).

76,800,000 capsules x $5/cap = $384,000,000 / year in revenue just from 10% of ER and urgent care providers writing 1 SequestOx #20 script per shift.

Now what happens if you get buy-in from 25% of the those providers? 50%? Now start to add in pain management, primary care, and orthopedics.

Above was WeeZuhls post
--------------

Now add in the Dentist :

146,800 Dentist x10% = 14680 (10% of dds) x 20 scrips x 20 pills x 12 months x $5/capsule is an additional:
70,464,000 x $5 dollars + my calculator only has 8 digits and its starting to smoke.

An additional $353+ million in revenues from 10% od dentist RXing SequestOx™.

Now add this to Weezhuls 10% of ER Drs $384 million


For a grand total of $736 million in revenues.

Now we have 15 more ADFs to add to it.

Trying to keep it conservative it could be multiples higher


ELTP