Replies to post #402498 on Elite Pharmaceuticals Inc (ELTP)

[HGiLS]

Good analysis.

[Trend-Setter]

Oh wow! You just made my prediction too low but wholeheartedly accept if I'm wrong and looking forward to your analysis being proven right. Kudos to you sir!

[jour_trader]

I’m missing something. You don’t record accounts receivable without recording revenue. It’s impossible from an accounting standpoint.

[kayak_wench]

I WAS WRONG!! Apparently accounts receivable is attributed to the quarter that they were reported. Thank god for quality control from other posters!