Elite Pharmaceuticals Inc (ELTP): I disagree. ELTP needs funding for the t...

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Elite Pharmaceuticals Inc (ELTP)

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Re: IB_ post# 101156

Friday, 04/04/2014 4:55:33 AM

Friday, April 04, 2014 4:55:33 AM

I disagree. ELTP needs funding for the trials that will ultimately launch the ADTs. If they can't get funding via going with a partner (which requires a "YES" vote) they could artificially increase the PPS via a R/S and thereby institutional buyers could buy in and get us funding that way.

But do you want an R/S? I sure don't!

If we are Longs, we should trust our CEO to make what he considers the best choice, and that choice is: VOTE "YES"!

FURTHERMORE, REMEMBER THAT NH HAS FAR MORE INVESTED THAN ANY OF US, AND HE WANTS TO PROTECT HIS OWN INVESTMENT! To accomplish what all of us Longs want, he asks us to VOTE "YES"!

ELTP VOTE--If you have any questions or need assistance voting your shares, please call our proxy solicitor, Morrow and Co toll free at 855-251-9340 or Dianne Will, Investor Relations for Elite Pharmaceuticals at 518-398-6222.

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