Replies to post #264178 on Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

He's going to sell the company within 6-12 months. Same timeframe as stated in the PR.

He knows the company can't continue.

We have no money and we can't dilute at these levels.

We also have no products that will launch soon to bring in more money. And even if we did it will take too much time to generate big revenue.

ER trials costs an arm and a leg and most importantly too much time.

The great news is the only reason SequestOx received a CRL is because it's an IR product and the product must work immediately.

ER's do not have this problem.

The ART tech works perfect and was proven with amazing results during the HAL studies.

Just need to sell the company to a big pharma so they can get the entire ER pipeline through at once.

Nasrat needs to listen to serious offers he is receiving as we speak.

Our time is about done here which is the good news but won't be dollars as most predicted.

Thanks.