Elite Pharmaceuticals Inc (ELTP)

[BuddyGuise]

agreed its fishy.

A retired chairman and employee that took only shares for years on end, is retiring and bought a new house. Not so fishy.

its strange Jerry is selling, IMO they didnt parted ways in friendly manner.
2nd thing is: we should get milestone paymensts from EPIC by them selling ELTPs stocks ? What kind of deal is that ?
3rd: LPC deal. hmmm not so good

"We have a great relationship with Jerry, we enjoyed having him as a CEO at one time and the Chairman and we will continue to work with him because he is still in the industry and he still has companies that do work with the pharmaceutical industry" from Nasrat during last CC.

2nd thing: Epic has been a partner for years and years, with members on our board. They kept us manufacturing when Lodrane was pulled, and the shares are already in the outstanding count. Have their been recent form 4's of Epic selling for this latest milestone? Do we even get a milestone for approval of review? Ya sure?

3rd: LPC is a fantastic deal, basically a ten million line of credit in a time where small companies are having a hard time finding capital.

I very much doubt these businees desicions were good or best for company

Business decision made have landed the first NDA ever for Elite on the desk of the FDA, and the approved to review with a PDUFA date of July 14th. Pretty good business decision in my opinion.

no main street press is more than disturbing at this point.

Ok, one point I agree with.

From EU yes

Hotstocked is based in Bulgaria, they are notorious manipulators, the connection with quotes like above is reasonable.

you are way out of line here mister

I am a buyer of Elite, have held shares since 2011, and believe that SequestOx will be the proof of concept for an entire line-up of ADT/ART opioid drugs that will compete in a $20 Billion and growing (some project over $42 Billion by 2021) and as Nasrat stated in the last CC, "...a small little percentage of that profit, you make $100 million and even if you had a billion shares outstanding, on a PE ratio of 20 the stock will go to several dollars. And it is possible and it’s doable and that’s our plan, and if we succeed, then all of you stockholders will suffer the wonderful rewards of that..."

$ELTP