Replies to post #384581 on Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

No, not double the interest rate, double the DOLLAR AMOUNT paid in interest.

ALSO, I previously said double the dollar amount.

It's ACTUALLY TRIPLE.

$12 million loan vs $4 million loan. (Elite isn't going to borrow the other $2 million as of this filing)

Come on aLmA, you know we wouldn't pay 18-20% .... The point is .... we are BEATING revenue numbers and they are just using the increase in revenue to fill their pockets .... Elite don't need those damn loans !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!