InvestorsHub Logo

imanjen13

06/01/23 10:39 AM

#380604 RE: The ELTP King #380602

Unfortunately many companies avoid publishing news which most would find material using common sense. The most glaring omission is the failure to notify investors when a company receives a CRL letter from the FDA. The rationale is that the letter is not a rejection of the filing but rather a request for more information and testing. In the case of SequestOX the CRL was really a RIP.

The next newsworthy event for investors here will be the conference call at the end of the month when Nasrat will probably have to address the progress being made by KIrkov in selling and distributing the Adderall products. As for Lannett, parting is not sweet sorrow.

jour_trader

06/01/23 11:09 AM

#380609 RE: The ELTP King #380602

Beg to differ and so would the SEC. Wonder why Elite reports study results? Because it is a material event to be reported.