Replies to post #386709 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

I think you might be overthinking this. When doing interim placement you look for exact skills. Odds are that these consultants are solely focused on the accounting and SEC reporting. Elite could bring in more talent for transition to NASDAQ, but you have to realize that the cost of interim consultants is usually 2-3x the cost of a FTE in finance, sometimes more depending on the need and market. NASDAQ isn’t their focus yet.