Replies to post #345120 on Elite Pharmaceuticals Inc (ELTP)

[snupoled]

Weezze, it has been the only news since last cc, I think. So old snup having a bunch of shares locked up during all things sequestox reign, has been selling any low priced shares I have, I surrender the 3 cent swing I may miss hopefully on most of them, I am definitely in competition with lpc/0 and others I assume. Never been here for the swings,was true blue believer, hell yeah, if Adderall takes hold I will get in for next surge after next 3 cent swing, I need ceo to take me one step into future next cc SnupDawgoled does not like the silence, this is a different company now,hence ceo must bring us up to speed. I still have mucho shares but far to many to wait another 3 years.snup

[The ELTP King]

***** Tomorrow morning *****


FDA intends to make the meeting’s background material and pre-recorded presentations available to the public no later than 2 business days before the meeting.

October 6: Background material and pre-recorded presentations available.

October 8: LIVE ADCOM meeting.


https://www.fda.gov/advisory-committees/advisory-committee-calendar/updated-time-and-meeting-materials-information-october-8-2020-joint-meeting-psychopharmacologic


Agenda

The meeting presentations will be heard, viewed, captioned, and recorded through an online teleconferencing platform. The committees will discuss new drug application (NDA) 211179, for amphetamine sulfate immediate-release oral capsules, submitted by Arbor Pharmaceuticals, LLC, for the proposed indication of treatment of attention deficit hyperactivity disorder. The product has been formulated with properties intended to deter non-oral abuse, and the applicant has submitted data to support these abuse-deterrent properties for this product. The committees will be asked to discuss the overall risk-benefit profile of the product, including the potential public health impact, and whether the applicant has demonstrated abuse-deterrent properties for their product that would support labeling.

[no2koolaid]

Again?

(b) “Accelerated Purchase Floor Price” means $0.03

I am dismayed and disconcerted that shareholders would not be aware that under such an agreement - just another form of lending - the choice of the floor purchase price was one chosen by Elite, the customer, not LPC the lender.

And, why is it that Elite chose 3 cents? Huh? Any guesses? Might it have to do with the reality that the share price has never been that low and, thus, Elite would not be prevented from selling shares to fund its business, as it had under the previous bottom? And, here is the touchstone...Elite is a business that is cash flow positive. For those wondering...as I said before - time to peak revenues is 3-5 years. Remind me how far along Elite is with IR & XR?

Funny, thing. I see so much focus on the shells that clearly do not hold the pea. Perhaps my business acumen helps. Ain't no Cliff notes for that!