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Elite Pharmaceuticals Inc ELTP
Posted On: 11/15/2012 11:08:26 AM
Post# of 2146
Posted By: tangerine
Re: steges #156

Depends f what your plan is plus you don't know when you will be able to commercialize novel. If they commercialize Novel, then probably no Socius deal, If that takes longer then they can draw a couple million from Socius if they have to.


Also, I wouldn't be surprised to see them take the Novel money and pay off the 3.3m debt




API issue sounds like it is about to be resolved -


Potential Sale of Novel


Socius is available again


Drug approvals pending


Phendimetrazine revenue IMS #s don't include the largest sources of revneue so the number is probably a lot bigger


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