Elite Pharmaceuticals Inc (ELTP): Lasers, what about the Epic distribution...

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Elite Pharmaceuticals Inc (ELTP)

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Re: lasers post# 153253

Thursday, 05/07/2015 9:57:43 AM

Thursday, May 07, 2015 9:57:43 AM

Lasers, what about the Epic distribution to Mikah?

Under what authority or agreement is Mikah receiving shares of ELTP from Epic? Shouldn't those shares go into Elite treasury? Same question regarding Nasrat Hakim? Would it not be considered a material disclosure if Elite CEO has a separate and individual business arrangement with Elite's strategic partner Epic Pharma, outside of the relationship between Epic and Elite? Did I miss this disclosure?

"There are three kinds of lies: lies, damned lies, and statistics."

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