Elite Pharmaceuticals Inc (ELTP): Total BS Yes, he would need to conver...

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Re: Chasing post# 227824

Wednesday, 09/21/2016 12:39:14 PM

Wednesday, September 21, 2016 12:39:14 PM

Total BS

Yes, he would need to convert if they are discussions for a major partnership or buyout. Most large companies will not get into deep negotiations until all preferred shares are eliminated.

Nobody is going to convert their preferred shares just so the company can negotiate lol

So what happens if/when the deal falls through?? Oops, sorry?? LOL

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