Replies to post #248993 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

To be fair 527M + 11M (subsequent events) = 538M from Feb '14 filing.

Feb '16 filing = 918M + 6.6M = ~925M in subsequent events. Using these both apples to apples latest info at time of filing is closer to 72% increase in dilution.

For this kind of dilution, this tech better be worth it. FDA validation of ER & IR will be a game changer. Still lots of uncertainty. Never know what other stops FDA will pull.