Replies to post #411295 on Elite Pharmaceuticals Inc (ELTP)

[SunnyConqueror67]

yeah, I'm also confused about his statement. may we get any clarification, king?

[Just give me $1.50]

I wouldn't take the chance.

There's no way the FDA can predict nearly 3 months in advance of the GDUFA date that "we need another month".

Also, Nasrat has been PURPOSELY underestimating everything lately because of what has happened in the past.

Look what he said in the recent July 2, 2024 conference call regarding revenues. He knows DAM WELL that we won't have just $70M in revenues for this fiscal year with all the new drug launches. He also said it would be quote "EMBARRASSING" if we go above $70M for the fiscal year because it would mean he can't predict the sales of his own company. He is playin' everyone - UNDER promise, OVER deliver.

I thought it got postpone for a month so sometime in November?

[HGiLS]

He did not have access to Wifi when Nasrat announced it.