Replies to post #33625 on Elite Pharmaceuticals Inc (ELTP)

[DR Ryan]

GREAT question couch! Now say, isn't Lodrane expected back early 2013? 1 drug in 2011, going to be 8-10 in no time.

Throw in another patent, BE trial concluding and a partnership & 2013 is looking pretty promising.

[elichen]

Couch: what was the PPS then?

[richme]

Wasn't it $.26? What were the numbers of common shares? Wasn't it much lower than now? Why is the PPS at $.084 as this is the most important question. Can't support todays PPS with a PPS of yesteryear. Too many things have changed, too much common, not enough revenue to support the super inflated penny. A largely nonexistent pipeline won't do it with or without the Nongame Changer.