Flashback: Most Read May 2011 Unofficial ELTP Blog Post

From a Post RE: Elite (eltp)

The following is a post from one of the message boards with some good Elite DD.  Here ya go...

Elite Pharmaceuticals is a manufacturing company. Previous management ran it as a mostly R&D shop pouring 10s of millions of dollars into their technology. This includes R&D, settlement with the original inventor, and ultimately some dilution to keep the company out of bankruptcy. The company on the brink of bankruptcy in 2009 changed management and began on a more stable path.

The plan? 


Click here to read the rest: 
http://elitepharmaceuticals.blogspot.com/2011/05/from-post-re-elite-eltp.html