Replies to post #20954 on Elite Pharmaceuticals Inc (ELTP)

[Drugdoctor]

They are correct, I was thinking there was very little revenue Q1 12, but I forgot the residual Lodrane sales still were received in that quarter... Sorry for the comment.

[richme]

Then the appearance that revenues were on the rise quarter over quarter in FY 2012 is so so clearly established when Q1 is factored in and instead we have a no so clear pattern. Dropped from the Lodrane Q1, when down in Q2, up in Q3, and down in Q4, with the swings substantial. Q1 FY 2013 needs at best to be higher than Q1 to sustain semi-credibility established in the CC. May not be the precise language needed but a down FY 2013 Q1 is not what most investors are looking for.