Replies to post #373662 on Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

I feel like I am in a version of Groundhog Day!

For the final time, selling will not happen at this time. In fact, it will not happen for another two-three years, dependent upon business development and how near they are to $100M revenues. Just to be certain, to hit $100M from their current $32.2M is a 3.1X multiple. And where they are now from where they were three years ago is $32.2M / $7.5M = 4.3X. If I have to explain that...