Replies to post #384157 on Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

So we needed a loan in case we need to buy something big. the Bank is making it difficult to be flexible due to Lannett and the company wants flexibility to buy and use the loan as needed.

So Nasrat and per the conference call , others have offered to loan the money if needed at a lower rate then the bank. also a much smaller amount but they are saving a ton of interest in the process. like a million a year I believe by paying off the debt.

and Nasrat is the bogeyman for costing less then the bank would?

I mean, if I were you I would just sell ..I mean you have been lying for 10 years. Also your private messages are the real kicker. wish I could post those. but of course you are short..