Replies to post #50224 on Elite Pharmaceuticals Inc (ELTP)

[Dr Speculator Ninja]

That's about as wrong as you can be - "there are problems with management". They have completely turned the company around and are on the brink of profitability and new highs.

The fact is they had to honor their 37.5 mg dosage commitment to TAGI before launching the new doses. All of which is GOOD NEWS. The product is selling like crazy, high demand... and we'll be getting new dosages to market VERY SOON!

To blame management is very wrong - they've done a fantastic job.

[NASDAQ2020]

This is the ELTP board we are nearly CFP have 8 new FDA drugs and the new 2 bead ELI 216 patent(800mil market) due this month.

[Dr Speculator Ninja]

Here, I'll show you how wrong you are:

Start with two facilities for the work of one
- We now have 2 incredibly valuable facilities cranking out product AND package. A huge advancement - orchestrated by current management.

lack of API
Currently have API, negotiating with a secondary supplier to improve purchase price. Management came through when a curveball was thrown their way.

millions of shares issued
Voted on by shareholders. Protects the company in the long run. All shares have been accounted for in each 10 report. It's not really that many shares when you think about where the company is headed........

not meeting launch schedules
This has been explained. More 37.5 phentermine going out the door. Working within their production schedules and NUMEROUS products to get out the door. Hiring NEW PEOPLE to help manage the increased flow of work (which will turn in to more dollars....)


this does not bode well for a company that has nearly 470M shares issues and encumbered to preferred shares
- LOL most of those are in EPICs hands who are our partners in a STRATEGIC ALLIANCE. Locked up... you can't get 'em.

countless others to compensate management for doing a poor job or none at all.
Completely your opinion - and it's OLD management you are talking about. If you do some research you'll see the difference in old management vs. new - and the decisions and contracts that were made.


If management pay was based on positive results they would be seriously overpaid.
Huge LOL. Oh it will be - that is why they take STOCK. It will be incredibly valuable. Get your shares while you can my 'friend'.


ELTP 0.064 -0.006 -8.57 2,001,045 0.0645 0.065 (that is our value). Sorry for those that rushed to buy at the last recommendation in $.09X;
They'll make their money back - don't you worry about them. Not sure why you are apologizing. It's a great buying opportunity, whether an entry position OR averaging down.


definitely should have waited but that was not in the recommendation. Only two called todays miserable performance.
I wish I'd waited a little longer to get them cheaper... but then... if I did I might have missed out on the huge run that is coming.

Excited for the new products, patents and partnerships heading our way!!!