Replies to post #53505 on Elite Pharmaceuticals Inc (ELTP)

[rjanderson383]

Ok, that sounds good. So the market cap right now is about 40 Million.

[dr_lowenstein]

Yes but it could be more like 80 m shares. In fact I would say more likely than not.thats a lotta dilution

[NASDAQ2020]

What's Elite to do with the $50 million they will receive from sale of Novel Lab ?