Elite Pharmaceuticals Inc (ELTP)

[elichen]

QUOTE: "How would raising the share price with a R/S bring in money for Elite to continue trial's ?? "

R/S would artificially raise PPS to a level where we could get off this horrible OTC board dominated by MMs and get us on to the Nasdaq where institutions and funds could buy in. The PPS would continue going up from there.

But most of us Longs do not want R/S. We know that PPS can go sky high on its own steam, once launch of 1st ADT (1st of 15 ADTs) takes place.