Elite Pharmaceuticals Inc (ELTP)

[richme]

For me there is no issue of confusion but of trust. CEO issued an invitation to the board to doubt his word with schedule promises or if one prefers quasi-promises. CEO word is not his bond because he always has the "forward looking statement" which holds he can say nearly anything and will never be called on the carpet. However, refusing to divulge the valuation company has nothing to do with protecting the company from competitors, it was pure and simple protecting a falsehood and without verification or as would be said "links" there is no way to tell if he was telling the truth. I don't believe he was.