Elite Pharmaceuticals Inc (ELTP): Doctor D, you are correct by saying Elit...

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Re: Doctor Detroit post# 212074

Thursday, 07/14/2016 10:11:41 AM

Thursday, July 14, 2016 10:11:41 AM

Doctor D, you are correct by saying Elite is getting ready to unload, since they will need money for production. According to the agreement they can choose at what price to sell and the best time to get it is after approval.

"Under the terms of the agreement, there are no upper limits to the price that LPC may pay to purchase Elite's common stock. Elite will control the timing and the amount of shares to be sold."

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