Elite Pharmaceuticals Inc (ELTP): They have close to 300 million authorize...

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timduy

Re: BostonTrader post# 216270

Thursday, 07/21/2016 9:22:55 AM

Thursday, July 21, 2016 9:22:55 AM

They have close to 300 million authorized shares left but with price going to 10 or 15 cents in the next few weeks, they wont get that much out of LPC deal. They have to dilute and 1000 to 1 reverse split. Going in the way of AMBS.

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