Replies to post #378211 on Elite Pharmaceuticals Inc (ELTP)

[Just give me $1.50]

GOOD GRIEF.

For the 100TH TIME............Epic paid us $7.5 million NON-refundable cash for the development of SequestOx.

IT..........WAS.........NOT.........ELITE'S.........MONEY.

SequestOx was the biggest sunk cost by far wasting millions

[Just give me $1.50]

Are you KIDDING me?

EVERY company on the PLANET invests in products that NEVER come to market or do come to market and FAIL miserably.

Freaking Apple has wasted BILLIONS with a B on DOZENS of products in development only to be scrapped later.

This is how ALL businesses work.

SHAKING MY HEAD.

We have invested in and pursued several products that we are bailing on.