Replies to post #395457 on Elite Pharmaceuticals Inc (ELTP)

[HGilS]

Good points - we may have to cool off the predictions and set expectations accordingly.

There was also a Tax thing. that happened last quarter. The big question is Prasco - as Nasrat said that it would not be in and the PR saying that shipment happened mid december.

But IF we make it over 20 Mil, we should explode !!!

[jour_trader]

This is incorrect. The full quarter of Prasco won’t be reflected until June’s 10K for the Q4 results, but we’ve hashed this out many times here already. The launch quantity for Prasco will be included in the Q3 10Q. It has to be as that is the basics of how Elite records revenue. We simply don’t know how big the launch quantity is for the quarter.

[NASDAQ2020]

Was it true that last time everyone under bid on revenues??

[Destiny Defined]

Exactly

[The ELTP King]

Most, if not all of the revenue predictions, are based on the additional revenue from the Prasco launch in December.

And we're basing these revenue predictions off of jour_trader assuring the board that these revenues will be included in the Q3 report next week.

Hopefully jour_trader is correct, because if not, he will have successfully phucked us all in the Ask.

The one sure source of additional revenue from Prasco, as noted by many here, will not be reflected until this quarter's report due out in May.