Elite Pharmaceuticals Inc (ELTP): There are various ways in which to acqui...

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Re: Gman24 post# 211918

Wednesday, 07/13/2016 8:41:34 PM

Wednesday, July 13, 2016 8:41:34 PM

There are various ways in which to acquire an organization. Some of those are based on today's stock price, but are more for mature organizations. Another common methodology is to use a factor of today's revenues multiplied by a factor, but this is for a steady business, which would leave out future revenue projections - which is what this tech is all about.

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