Elite Pharmaceuticals Inc (ELTP): While a buyout of Elite would be, "Huge,...

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Elite Pharmaceuticals Inc (ELTP)

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Re: John_Langston post# 131268

Monday, 10/20/2014 9:48:14 PM

Monday, October 20, 2014 9:48:14 PM

While a buyout of Elite would be, "Huge," for those invested in the company, the 'if' factor is not so huge. The word, if, implies a possibility, a chance, potential and I already know many hurdles the company has faced in advancing its "Huge," patented technology has surpassed the word, if.

Now, the word, when, replaces, if.

When the FDA approves...
When the increased earnings in company revenue are released...
When the news the company has that is not yet public knowledge is known...
When the company is listed on the bigger exchanges...
When the CEO says, "We did it!"
When the company is bought out by big pharma...

There is no 'if' now, there is only when.

Oh, as for my buyout price I value this company to equate to 1.5 to 2 billion so the pps would reflect that depending on how many shares are out there at the moment the buyout occurs.

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