Replies to post #378164 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Personality shift from the CEO?

He in his own way just gave us guidance. He’s never done that before.

Perhaps a sign of slight desperation. Perhaps trying to keep shareholders upbeat as he enters the S&M unknown

Thanks for pointing that out

[kayak_wench]

$40 million is Nasrat's NEXT year revenue estimate, not this year.
This year he expects us to match or maybe beat last year's revenue. Still a good thing to hear when he also said we will see a dip in revenue as contracts transition.

My prediction is that this coming year is going to be bigger than the current year, okay?
I am hoping we'll go -- we'll hit the $40 million and beyond, frankly, for next year.

[Just give me $1.50]

I LITERALLY already responded to you a few days ago saying contracts are already in place with MORE contracts to come as Nasrat LITERALLY said this in the conference call.

He has to have contracts in place.