Replies to post #331866 on Elite Pharmaceuticals Inc (ELTP)

[sharkey1]

THX, good to know, hopefully, we're back to normal next month some time

[jbdiver]

Let me say this. I work for one of the big 5. I am not hearing positive things about PPP. This is what is really happening. More companies will not get any funding than those that do. It has not been a smooth process and the banks are realizing they dont have the capabilities for capacity of the millions of applications. The govt has given this responsibility to the banks and unfortunately many will lose the trust of these institutions because of the inability to get help to those that need it. They are also basing this allocation on what the xondition of the company was prior to covid collapse. Let me tell you this. They will not get ppp. Not even on the radar. Piss ant company that has a pipeline and RD development program the government can care less about and many more above water companies worth saving.

This is not bashing just hard facts my friends. To think otherwise is just foolhardiness. So if this company is basing survival off of the government titt understand we may see .0.00000. Thats investing. Not wveryone is coming out of this alive.

Want you all to take some time and watch this:

https://www.ted.com/talks/ray_dalio_what_coronavirus_means_for_the_global_economy?utm_source=sms&utm_medium=social&utm_campaign=tedspread

[arizonaminingman]

Nobody benefits when the gov't gets involved! In the whole scheme of things! Hey, G Man?