Replies to post #384492 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

That was my expectation as well, but will be pleasantly surprised otherwise. We’ll know by EOD.

[jour_trader]

Close to $3M cash burn, which is $3M of $4M loan received. Good thing is that as of filing, 2nd year of loans isn’t expected, but things do change. Hope we see that cash inflow start hitting Q2.

Where is margin improvement from flying solo? Does not exist.

[The ELTP King]

Lol...

This quarter might not be cash flow positive, but that’s ok. It’s a big transition to marketing the products themselves.