Elite Pharmaceuticals Inc (ELTP): WZ - to continue the discussion. How is...

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Re: WeeZuhl post# 152619

Wednesday, 04/29/2015 5:13:29 PM

Wednesday, April 29, 2015 5:13:29 PM

WZ - to continue the discussion. How is the BOD going to get away for low balling its shareholders at .30 when the following taken from 2/18/14 CC? Your thought? TIA.

So that’s $0.40, $2.10 and $2.75 and that’s not future value, that’s the present value today. Future value will be more.

but more importantly $2.10 is what independent experts in the field have calculated as the most likely value of our stock today. With such a spread between the current price and the underlying value, having this stockholder’s rights plan is invaluable.

Glad I bought all I could under .115 and ignored the bashers wanting me to sell at .125

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